KBLI 17014

SPECIAL PAPER INDUSTRY

This group includes specialty paper-making businesses, such as cardiopan, litmus or litmus paper, metallic paper, acid proof paper, pattern paper, coated paper, slip-on paper and the like. Paper processing which is coated by all means, such as coating, glazing, gumming, and laminating as well as making carbon paper and stencils are included in the 17099 group, if they are in cut form ready to be sold to consumers. Photographic paper making was included in the 20299 group. The abrasive paper was included in the 23990 group.

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Key requirements to set up a special paper industry in Indonesia

The following requirements are based on the Indonesian business classification code 17014

Maximum foreign ownership
100%
Minimum capital
Rp. 2.5 billion
Local SME partnership required
No

What is a KBLI 17014?

A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.

17

Division

0

Group

1

Class

4

Indonesian class

17014 stands for special paper industry

KBLI 17014
Section Manufacture of paper and paper products
Division Manufacturing
Indonesian class Special paper industry

Activities similar to Special paper industry

What are the requirements to set up a special paper industry 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 special paper industry company in Indonesia

The exact process of registering a special paper industry 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.

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