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Hong Kong KBLI 50223
RIVER AND LAKE TRANSPORTATION FOR DANGEROUS GOODS
This group includes goods transportation businesses in rivers and lakes that carry out the transportation of dangerous materials from the loading activity to the final unloading site.
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Contact our consultantsKey requirements to set up a river and lake transportation for dangerous goods in Indonesia
The following requirements are based on the Indonesian business classification code 50223
- Maximum foreign ownership
- 49%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 50223?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
50
Division
2
Group
2
Class
3
Indonesian class
50223 stands for river and lake transportation for dangerous goods
| KBLI | 50223 |
|---|---|
| Section | Inland water transport |
| Division | Transportation and storage |
| Group | Water transport |
| Indonesian class | River and lake transportation for dangerous goods |
Activities similar to River and lake transportation for dangerous goods
- Public crossing transportations of district or city for goods
- Public crossing transport in district or city for goods
- Other crossing transport for goods including international trainings
- Public crossing interprovince for goods
- Public crossings interprovince for goods
- Public crossing transportations of district or city for goods
- River and lake transportation for general goods and or or animals
- River and lake transportation for special goods
- River and lake transportation for dangerous goods
- Public crossing within the regency or city
- Angkutan penyeberangan lainnya untuk penumpang termasuk penyeberangan antarnegara
- Inter-recency or inter-municipality transportation
What are the requirements to set up a river and lake transportation for dangerous goods in Indonesia?
Shareholders
- At least two shareholders
- Maximum of 49% of the shares can be held by foreign shareholders. Indonesian shareholders must hold at least 51% of the shares.
Capital
- Minimum paid up capital is Rp 2.500.000.000,00
- Paid-up capital will not be injected in the company during the registration process. Instead, the shareholders issue a statement letter that at least the amount of minimum paid-up capital will be injected to the company once the registration is completed.
Corporate structure
- At least one director. At least one of the directors must be an Indonesian resident. The directors are in charge of the daily operations of the company.
- At least one commissioner. Commissioners are overseeing the work of directors on behalf of the shareholders.
- The same person cannot be both a director and a commissioner.
- There is no requirement for the director or commissioner to hold shares in the company.
- Registered address in a building with the correct building permit.
Example of typical shareholder table
| Name | Country of origin | Role | Shares | Capital contribution |
|---|---|---|---|---|
| Smith Industries Ltd. | Australia | 3675 | Rp918750000 | |
| John Smith | Australia | Commissioner | 1225 | Rp306250000 |
| Budianto | Indonesia | Director | 5100 | Rp 1.275.000.000,00 |
| 10000 | Rp 2.500.000.000,00 | |||
The process of registering river and lake transportation for dangerous goods company in Indonesia
The exact process of registering a river and lake transportation for dangerous goods company depends on the location of your company's registered address.
