Indonesia
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Hong Kong KBLI 13131
YARN PERFECTION INDUSTRY
This group includes businesses for bleaching, dyeing and other refinement of threads and sewing threads
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 yarn perfection industry in Indonesia
The following requirements are based on the Indonesian business classification code 13131
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 13131?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
13
Division
1
Group
3
Class
1
Indonesian class
13131 stands for yarn perfection industry
| KBLI | 13131 |
|---|---|
| Section | Manufacture of textiles |
| Division | Manufacturing |
| Group | Spinning, weaving and finishing of textiles |
| Indonesian class | Yarn perfection industry |
Activities similar to Yarn perfection industry
- Fabric printing industry
- Batik industry
- Manufacturing improved feather industry
- Yarn perfection industry
- Fabric perfection industry
- Sewing yarn spinning industry
- The agriculture industry (not weaving of goni sacks and other sacks)
- Ikat woven fabric industry
- Textile fiber preparation industry
- Yarn spinning industry
What are the requirements to set up a yarn perfection 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 yarn perfection industry company in Indonesia
The exact process of registering a yarn perfection 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.