Foreign Investor FeasibilityKBLI 19211
§ 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 19211 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.
Tax incentives
Foreign-investor tax benefits available for this KBLI under PMK 130/2020 (Tax Holiday) and PP 78/2019 (Tax Allowance). Both require approval — see the linked guide for the application path.
Eligible for Tax Holiday
100% corporate income tax exemption for 5-20 years, plus 2 additional years at 50%. Tier scales with capex (IDR 100b minimum). Pioneer industry: Oil & gas refining.
§ 02
How we handle your KBLI 19211 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 19211 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 19211, 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).
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
15Days
Statutory turnaround
Application requirements
3Documents and capabilities you must demonstrate at registration
- 01$45
- 02Technical Requirements (Temporary Business License) a. Feasibility Study b. Initial Agreement (MoU/HoA/Sales Agreement) with potential suppliers of Crude Oil and/or other documents indicating the availability of supply with potential suppliers facilitated by SKK Migas c. Approval of Spatial Utilization Activity Compliance or Approval from the Government/authorized agency in accordance with applicable regulations or the authorized area manager regarding the location for the construction of facilities and infrastructure d. Temporary Business License/Extension (if any) e. Guarantee of sufficient funding, evidenced by: 1) Financial statements for the last 3 (three) years that have been audited 2) Agreement documents with other parties for funding (stating a specific amount) or 3) Statement letter from a commercial bank located in Indonesia, stating that the Business Entity has funding capability with a specific amount
- 03Technical Requirements (Business License/Extension/Adjustment) a. Feasibility Study b. Environmental Approval c. Minutes of Safety Inspection of Installations and Equipment related to Facilities and/or Infrastructure signed by the Officer of the Directorate of Engineering and Environmental of Oil and Gas/PLO that is still valid/in accordance with the provisions of legislation d. Contract Agreement for Supply of Crude Oil must at least include source, volume, duration of agreement, and start time of supply e. Have an accredited testing laboratory to conduct tests on the quality of the products produced in accordance with the standards and quality set by the Minister f. Temporary Business License and/or Business License/Adjustment/Extension (if any) g. Laboratory test results document for all parameters in accordance with the standards and quality (specifications) set by the Government
Ongoing obligations
13Compliance and reporting duties throughout operation
- 01Ensure the quality of products or commodities in accordance with the standards set by the Director General.
- 02Ensuring occupational safety and health, environmental management, and community development.
- 03Implementing the Minister's appointment in the context of providing reserves of National Fuel Oil and Gas Fuel.
- 04Report and/or submit a request for adjustment of the Business License if there are changes in administrative and technical data.
- 05Report to the Minister through the Director General of Oil and Gas regarding business activities every 1 (one) month or as needed.
- 06Fulfill the licensing requirements set by the relevant authorities in accordance with the provisions of laws and regulations.
- 07Fulfill the obligations stated in the Business License.
- 08Ensure and be responsible for the use of equipment, accuracy, and measurement system used that meets the standards in accordance with the provisions of the legislation.
- 09Fulfill the applicable laws and regulations and other obligations set by the relevant authorities.
- 10Fulfill aspects of occupational safety and health, environmental management, and local community development.
- 11Willing to undergo a field inspection by the Directorate General of Oil and Gas regarding the implementation of the Temporary Business License.
- 12Report the implementation of the Temporary Business License for Oil and Natural Gas Processing periodically every 1 (one) month to the Minister of Energy and Mineral Resources through the Director General of Oil and Gas.
- 13Ensure the safety of installations and equipment in accordance with applicable laws and regulations.
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 |
§ 05
Auxiliary permits (PB UMKU)
PB UMKU permits sit on top of the main NIB and Sertifikat Standar — each is issued by a different ministry, and only when a specific operational activity is performed. This KBLI carries 1 candidate permit across 1 regulator; most operations only need a handful. Emerhub maps your operation to the exact set, files them, and tracks renewals.
Nuclear & Radiation Safety
1 permitBAPETEN (Nuclear Energy Regulatory Agency). Applies whenever ionizing radiation sources are involved — radiology, radiotherapy, industrial NDT, certain manufacturing inputs. BAPETEN licenses the operator, the facility, and each radiation source separately.
Speak to Emerhub
Get your KBLI 19211 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.