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Hong Kong KBLI 01640
SEED PROCESSING FOR PROPAGATION
This group includes all post-harvest activities aimed at improving the development of seed quality through sifting of non-seed material, seeds that are too small, mechanically damaged seeds or damage to seeds due to insects and immature seeds, and also maintaining seed moisture to a safe condition seed store. This activity includes drying, cleaning, sorting and so on until the seeds are marketed. The maintenance of modified seeds is also included here.
Register a company in Indonesia
Fill in the form below and have a company registered in Indonesia in five working days.
Contact our consultantsKey requirements to set up a seed processing for propagation in Indonesia
The following requirements are based on the Indonesian business classification code 01640
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 01640?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
01
Division
6
Group
4
Class
0
Indonesian class
01640 stands for seed processing for propagation
| KBLI | 01640 |
|---|---|
| Section | Agriculture, forestry and fishing |
| Division | Crop and animal production, hunting and related service activities |
| Group | Support activities to agriculture and post-harvest crop activities |
| Indonesian class | Seed processing for propagation |
Activities similar to Seed processing for propagation
- Other livestock support services
- Post-harvest crop activities
- Seed processing for propagation
- Livestock health services
- Livestock marriage services
- Egg hatching services
- Harvesting services
- Spraying and pollination services by air
- Other agricultural support services
- Land processing services
- Fertilization services, planting seeds or seeds and pest and sugar control
What are the requirements to set up a seed processing for propagation in Indonesia?
Shareholders
- At least two shareholders
- Maximum of 100% of the shares can be held by foreign shareholders.
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 | 7500 | Rp1875000000 | |
| John Smith | Australia | Commissioner | 2500 | Rp625000000 |
| Budianto | Indonesia | Director | 0 | Rp 0,00 |
| 10000 | Rp 2.500.000.000,00 | |||
The process of registering seed processing for propagation company in Indonesia
The exact process of registering a seed processing for propagation company depends on the location of your company's registered address.
The fastest way to register a company in Indonesia is in South Jakarta (Jakarta Selatan), using Emerhub's registered address. This cuts down the registration time to five working days.
In Bali, the typical registration time is 3-4 weeks. Elsewhere in Indonesia the registration times vary between 2-6 weeks.