KBLI 08994: Asbestos Mining

KBLI 08994: Asbestos Mining · Open to PMA

§ 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

Fully open to foreign investment

KBLI 08994 is not on Indonesia's closed, conditional, SME-reserved or partnership-required schedules. A foreign investor may incorporate a PT PMA with up to 100% foreign ownership and operate in this activity directly.

This KBLI is not listed in any restricted, closed, SME-reserved or partnership-required schedule under Pres. Reg. 10/2021 (as amended). A 100% foreign-owned PT PMA may operate in this activity, subject to the licensing requirements shown below. BKPM's default minimum capital is IDR 2.5 billion paid-up with IDR 10 billion+ total investment commitment per KBLI realised over time, but sector regulators (OJK, ESDM, BPOM, Kominfo, etc.) can set higher minimums for specific activities — we confirm the actual figure before incorporation.

§ 02

Activities included under KBLI 08994

Sub-activities recorded under this KBLI in the OSS regulatory database. The classification covers any business operating in one or more of these areas.

Sub-activities under KBLI 08994

From the official OSS scope definition for this KBLI class. Each item is a distinct sub-activity that falls under this code.

01
Exploration IUP for Non-Metallic Minerals
02
Extension of IUP for Non-Metallic Mineral Production Operations
03

§ 03

How we handle your KBLI 08994 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 days
We confirm KBLI 08994 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 days
We 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 08994, scoped to your specific business plan.

Request a quote

§ 06

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 scopes · 4

Sub-activity scope

Exploration IUP for Non-Metallic Minerals

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

14Days

Statutory turnaround

Application requirements

Documents and capabilities you must demonstrate at registration

01Copy of the approval letter for the determination of WIUP.
02Proof of placement of exploration commitment guarantee
03Composition of management, list of shareholders, and list of beneficial owners of the Business Entity.
04Statement letter from a mining and/or geology expert with a minimum of 1 (one) year of experience, accompanied by a curriculum vitae and experience list.
05Coordinates of WIUP
06Mining Area Size

Ongoing obligations

Compliance and reporting duties throughout operation

01Obligations for IUP Management and Reporting applicable to metal mineral and coal commodities.
02Local Taxes
03Prepare or submit the Annual Work Plan and Budget (RKAB) to the Minister or Governor according to their authority.
04Prepare and submit a report on the realization of community development and empowerment programs to the Minister or Governor according to their authority.

Issuing authority

The authority that issues the license depends on your situation.

Authority	Applies when
Minister/Head of Agency	The business location is situated across provincial borders or more than 12 nautical miles offshore.
Minister/Head of Agency	Foreign Investment
Governor	The business location is within one province or up to 12 nautical miles.

Speak to Emerhub

Get your KBLI 08994 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.

Get a quote for KBLI 08994

§ 01

Foreign investment rules

Status · open

Fully open to foreign investment

§ 02

Activities included under KBLI 08994

Sub-activities recorded under this KBLI in the OSS regulatory database. The classification covers any business operating in one or more of these areas.

Sub-activities under KBLI 08994

From the official OSS scope definition for this KBLI class. Each item is a distinct sub-activity that falls under this code.

01
Exploration IUP for Non-Metallic Minerals
02
Extension of IUP for Non-Metallic Mineral Production Operations
03

§ 03

How we handle your KBLI 08994 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 days
We confirm KBLI 08994 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 days
We 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 08994, scoped to your specific business plan.

Request a quote

§ 06

Licensing requirements in detail

Sub-activity scopes · 4

Sub-activity scope

Exploration IUP for Non-Metallic Minerals

What's required to operate

NIB

Preparation only — additional permit needed below

Operating License (Izin)

Processing time

14Days

Statutory turnaround

Application requirements

Documents and capabilities you must demonstrate at registration

01Copy of the approval letter for the determination of WIUP.
02Proof of placement of exploration commitment guarantee
03Composition of management, list of shareholders, and list of beneficial owners of the Business Entity.
04Statement letter from a mining and/or geology expert with a minimum of 1 (one) year of experience, accompanied by a curriculum vitae and experience list.
05Coordinates of WIUP
06Mining Area Size

Ongoing obligations

Compliance and reporting duties throughout operation

01Obligations for IUP Management and Reporting applicable to metal mineral and coal commodities.
02Local Taxes
03Prepare or submit the Annual Work Plan and Budget (RKAB) to the Minister or Governor according to their authority.
04Prepare and submit a report on the realization of community development and empowerment programs to the Minister or Governor according to their authority.

Issuing authority

The authority that issues the license depends on your situation.

Authority	Applies when
Minister/Head of Agency	The business location is situated across provincial borders or more than 12 nautical miles offshore.
Minister/Head of Agency	Foreign Investment
Governor	The business location is within one province or up to 12 nautical miles.

Speak to Emerhub

Get your KBLI 08994 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.

Get a quote for KBLI 08994

§ 08

Common questions about KBLI 08994

What is KBLI 08994?

KBLI 08994 (Asbestos Quarrying) is the 5-digit Indonesian Standard Industrial Classification code for asbestos mining. It sits within the Mining and Quarrying category in the official KBLI 2020 taxonomy maintained by Badan Pusat Statistik (BPS).

Can foreign investors operate under KBLI 08994?

Yes — KBLI 08994 is fully open to foreign investment. A PT PMA may operate with up to 100% foreign ownership, subject to BKPM Reg. 5/2025 capital requirements (IDR 2.5 billion paid-up + IDR 10 billion+ commitment per KBLI).

What is the risk level of KBLI 08994?

KBLI 08994's risk levels per business scale: Micro High, Small High, Medium High, Large High. Foreign-owned entities (PT PMA) must register at the Large scale.

What licenses does KBLI 08994 require?

NIB + Operating Licence (Izin). KBLI 08994 is High risk at Large scale, so the Operating Licence requires substantive sector-regulator approval before the business can operate. Expect a multi-month review with technical submissions.

What is the minimum capital for a PT PMA under KBLI 08994?

BKPM Reg. 5/2025 default applies: IDR 2.5 billion paid-up capital at incorporation + IDR 10 billion+ total investment commitment per KBLI registered, realized over time and reported quarterly via LKPM.

How long does it take to register a business under KBLI 08994?

PT PMA setup typically takes 4-8 weeks: AHU registration (1-2 weeks), NIB issuance via OSS (immediate to 1 week), bank account opening (2-4 weeks). The licensing cycle for KBLI 08994 specifically takes 14 days at the Large business scale.

Is KBLI 08994 eligible for Indonesian tax incentives?

Not on the Tax Holiday or Tax Allowance priority lists. KBLI 08994 businesses pay the standard 22% PPh Badan; Super Tax Deduction (300% R&D / 200% vocational training) may still apply for qualifying expenses.

Which authority issues the KBLI 08994 license?

Authority depends on the investor profile. For PMA: Minister/Head of Agency. For domestic SME scale: typically Governor (for Provincial scope) or Regent/Mayor (Regency/City scope). Specific mapping is in §1 of this page.

What other permits beyond the NIB does KBLI 08994 need?

Beyond the NIB, no specific auxiliary permits (PB UMKU) are recorded for KBLI 08994. Sector-specific obligations may still apply — verify with the relevant ministry.

What KBLI codes are similar to 08994?

KBLIs in the same subgroup 0899: 08991 (Gemstone Mining); 08992 (Feldspar and Calcite Quarrying); 08993 (Natural Asphalt Mining); 08995 (Quartz/Silica Sand Quarrying); 08999 (Other Mining and Quarrying). These are closely related activities — see the related-codes section below for full list.

What you’ll need to operate under KBLI 08994

Foreign investment rules

Fully open to foreign investment

Activities included under KBLI 08994

Sub-activities under KBLI 08994

How we handle your KBLI 08994 setup

Confirm the optimal structure for your business

Incorporate your PT PMA

Licensing requirements in detail

Application requirements

Ongoing obligations

Issuing authority

Related codes in Other mining and quarrying n.e.c. (not elsewhere classified).

Get your KBLI 08994 setup handled end-to-end.

Yes — open to PMA up to 100%.

What's specific to this sector

KBLI 08994 at a glance

What you’ll need to operate under KBLI 08994

Foreign investment rules

Fully open to foreign investment

Activities included under KBLI 08994

Sub-activities under KBLI 08994

How we handle your KBLI 08994 setup

Confirm the optimal structure for your business

Incorporate your PT PMA

Licensing requirements in detail

Application requirements

Ongoing obligations

Issuing authority

Related codes in Other mining and quarrying n.e.c. (not elsewhere classified).

Get your KBLI 08994 setup handled end-to-end.

We obtain your NIB

Secure your full Operating License (Izin)

Hand-off to ongoing compliance

What is KBLI 08994?

Who needs KBLI 08994?

Why does the code matter?

Under the upcoming KBLI 2025

Carried forward into KBLI 2025

Risk level by business scale

Micro

Small

Medium

Large

Common questions about KBLI 08994

What is KBLI 08994?

Can foreign investors operate under KBLI 08994?

What is the risk level of KBLI 08994?

What licenses does KBLI 08994 require?

What is the minimum capital for a PT PMA under KBLI 08994?

How long does it take to register a business under KBLI 08994?

Is KBLI 08994 eligible for Indonesian tax incentives?

Which authority issues the KBLI 08994 license?

What other permits beyond the NIB does KBLI 08994 need?

What KBLI codes are similar to 08994?