KBLI 32202

THE INDUSTRY OF MUSIC TOOL IS NOT TRADITIONAL

This group includes businesses making non-traditional musical instruments, such as stringed instruments (guitar, bass and the like), wind instruments (trumpet, saxophone, clarinet, harmonica and the like), stringed instruments (violin, cello and the like), percussion instruments (drum set, cellophone, metallophones and the like). Including the business of making piano or organ, gamitan pianica, accordion and tuning fork. The business of making microphones, loudspeakers, headphones and similar components was included in group 26420. Meanwhile, musical instruments for toys were included in group 32402.

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Key requirements to set up a the industry of music tool is not traditional in Indonesia

The following requirements are based on the Indonesian business classification code 32202

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

What is a KBLI 32202?

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

32

Division

2

Group

0

Class

2

Indonesian class

32202 stands for the industry of music tool is not traditional

What are the requirements to set up a the industry of music tool is not traditional 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 the industry of music tool is not traditional company in Indonesia

The exact process of registering a the industry of music tool is not traditional 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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