Foreign Investor FeasibilityKBLI 03273
§ 01
Foreign investment rules
Indonesia's BUPM (Investment Business Fields) regulation places this code into one of five tracks. The track determines whether a foreign investor (PMA) can operate in this activity at all, and under what conditions.
Status · open
Open under BUPM (subject to sector rules)
KBLI 03273 is not on Indonesia's closed, conditional, SME-reserved, or partnership-required schedules under BUPM (Pres. Reg. 10/2021). A foreign investor can incorporate a PT PMA under this code, but sector regulators (PSE/Kominfo, BPOM, OJK, Kemenkes, Permendag, ESDM) almost always add licensing and capital requirements on top — the practical answer depends on your specific business model.
This KBLI is open under BUPM (Pres. Reg. 10/2021) — it's not on any restricted, closed, SME-reserved, or partnership-required schedule. That's the BUPM verdict only, not a complete sector-readiness check: sector regulators almost always add requirements on top (PSE/Kominfo for digital platforms, BPOM for food and cosmetics, OJK for financial, Kemenkes for healthcare, Permendag for retail, ESDM for energy). BKPM's default capital floor is IDR 2.5 billion paid-up with IDR 10 billion+ total investment commitment per KBLI, but sector regulators frequently set higher minimums for specific activities. The practical answer depends on your business model — confirm with our team before committing capital.
§ 02
How we handle your KBLI 03273 setup
Emerhub is a corporate-services provider in Indonesia. We do the legal and regulatory legwork for foreign investors so you can focus on the business itself. Here's what the engagement looks like.
- 1
Confirm the optimal structure for your business
2–3 business daysWe confirm KBLI 03273 is the right primary code for your business, advise on secondary codes you may also need, and finalize the holding structure with you before any filing.
What we need from you- Founders' passport copies and proof of residence
- Intended share split and board composition
- 2
Incorporate your PT PMA
7–10 business daysWe draft the Articles of Association before a notary, register the entity with the Ministry of Law & Human Rights (Kemenkumham), and obtain the company's tax ID (NPWP). Under BKPM Reg. 5/2025, paid-up capital is IDR 2.5 billion (~USD 160K) — the cash actually deposited at incorporation. The IDR 10 billion+ figure many sources still cite is the total investment commitment per KBLI, realised over time via your LKPM reports.
Get an exact quote and timeline for KBLI 03273, scoped to your specific business plan.
Request a quote§ 05
Licensing requirements in detail
Specific permits, application requirements and ongoing obligations vary by business scale and the sub-activity within this KBLI. We file these on your behalf — this section is for transparency on what we'll be handling. Switch between scales below; by default we show Large (the PMA scale).
Sub-activity scope
This group includes businesses or activities utilizing protected Mollusca and/or CITES Appendix limited outside the provisions of their protection and/or whose utilization is restricted according to the provisions of ratified international conventions that live in marine habitats, freshwater, and brackish waters for research and development activities, breeding, domestic trade, foreign trade, and aquaria resulting from breeding. Examples of Mollusca included in this group: Tridacna spp (Giant Clam) and Strombus gigas (Queen Conch).
What's required to operate
NIB
Preparation only — additional permit needed below
Operating License (Izin)
Important: NIB is issued for the preparation stage. Commercial operation requires a full Operating License (Izin) issued by the competent ministry after a substantive review of the operator's capability, facility, and compliance. Operating with NIB alone exposes the entity to penalties, blacklisting, and contract invalidation.
Processing time
17Days
Statutory turnaround
Application requirements
4Documents and capabilities you must demonstrate at registration
- 01Application for a Letter of Permit for the Utilization of Protected Fish Species (SIPJI) and/or those included in the CITES Appendix of Farmed Species.
- 02Proposal/document
- 03Field Verification Report
- 04Proof of payment for Non-Tax State Revenue
Ongoing obligations
12Compliance and reporting duties throughout operation
- 01Pay Non-Tax State Revenue in accordance with the provisions of legislation.
- 02Submit stock reports and utilization realization periodically.
- 03Submit a production plan proposal.
- 04Submit a proposal for the export quota of breeding results.
- 05Implement a labeling system for farmed fish species.
- 06Prepare supporting facilities and infrastructure according to the type of utilization activity.
- 07Prepare human resources according to the type of utilization activities.
- 08Prepare and archive the legal documents proving the origin of ownership of the type of fish to be utilized.
- 09Prepare transport documents in the form of Domestic Fish Transport Letter (SAJI-DN) when conducting transportation activities between provincial regions.
- 10Prepare transport documents in the form of a Foreign Fish Transport Letter (SAJI-LN) when exporting goods abroad.
- 11Implementing provisions on Animal Welfare in the context of conducting activities related to the maintenance and transportation of live fish.
- 12Comply with the provisions regarding the protection status and utilization of protected fish species and/or fish species listed in the CITES Appendix.
Issuing authority
The authority that issues the license depends on your situation.
| Authority | Applies when |
|---|---|
| Minister/Head of Agency | All |
| Minister/Head of Agency | Foreign Investment |
Speak to Emerhub
Get your KBLI 03273 setup handled end-to-end.
Emerhub is a corporate-services provider in Indonesia. We handle PT PMA incorporation, licensing, tax registration and monthly compliance — so you focus on operating the business.