SHOW ARTS ACTIVITIES
This group includes activities or efforts to organize art performances and stage entertainment, such as drama performances, musical performances, opera, plays, regional arts associations (wayang orang, lenong), band entertainment services, orchestras and the like.
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Key requirements to set up a show arts activities in Indonesia
The following requirements are based on the Indonesian business classification code 90001
- Maximum foreign ownership
- Minimum capital
- Rp. 0.05 billion
- Local SME partnership required
What is a KBLI 90001?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
90001 stands for show arts activities
|Section||Arts, entertainment and recreation|
|Division||Creative, arts and entertainment activities|
|Indonesian class||Show arts activities|
Activities similar to Show arts activities
What are the requirements to set up a show arts activities in Indonesia?
- This business classification does not allow foreign ownersip.
- Minimum paid up capital is Rp 50.000.000,00
- 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.
- 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||0||Rp0|
The process of registering show arts activities company in Indonesia
The exact process of registering a show arts activities company depends on the location of your company's registered address.