KBLI 50113

DOMESTIC SEA TRANSPORTATION FOR TOURISM

This group includes the transportation business for tourism or for recreation at sea, including marine tourism whose main activity is for recreational fishing in the sea using fishing vessels. Including rental business following sea transport operators

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Key requirements to set up a domestic sea transportation for tourism in Indonesia

The following requirements are based on the Indonesian business classification code 50113

Maximum foreign ownership
49%
Minimum capital
Rp. 2.5 billion
Local SME partnership required
No

What are the requirements to set up a domestic sea transportation for tourism in Indonesia?

Shareholders

  • At least two shareholders
  • Maximum of 49% of the shares can be held by foreign shareholders. Indonesian shareholders must hold at least 51% of the shares.

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 3675 Rp918750000
John Smith Australia Commissioner 1225 Rp306250000
Budianto Indonesia Director 5100 Rp 1.275.000.000,00
10000 Rp 2.500.000.000,00

The process of registering domestic sea transportation for tourism company in Indonesia

The exact process of registering a domestic sea transportation for tourism company depends on the location of your company's registered address.

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