KBLI 24101: Iron and Steel Making Industry

KBLI 24101: Iron and Steel Making Industry · 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 24101 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.

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: Basic metals — upstream.

Investment momentum

Basic metals & mineral processing sector — Q3 2025

BKPM-reported foreign investment context for the broader sector this KBLI sits in. Data is aggregated at the major-sector level — BKPM does not publish per-5-digit-KBLI breakdowns publicly.

PMA realized

IDR 97.8t≈ USD 6.1b

+64.6% YoY

Top investing countries

China38%

Singapore14%

Hong Kong11%

The hilirization-sector growth driver — nickel/copper smelter buildouts in KEK Galang Batang, Sei Mangkei, and Morowali continue to attract the bulk of pioneer-industry foreign capital. Tax Holiday eligibility (PMK 130/2020) is a major pull factor.

§ 02

Regulations governing KBLI 24101

Current status, what each regulation actually requires for this activity, and how it ties to the PB UMKU sector permits below. Click through for the plain-English summary.

Indonesia, Kementerian Keuangan

§ 03

How we handle your KBLI 24101 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 24101 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 24101, 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).

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

7Days

Statutory turnaround

Application requirements

Documents and capabilities you must demonstrate at registration

01Have a document outlining the plan for the type, specifications, quantity, and source of raw materials, as well as the source and amount/volume of energy and water needed to carry out industrial business activities for 1 (one) production cycle or for a duration of 6 (six) months ahead.
02Have documents in the form of: a. Machine specifications and/or equipment list b. Photos of machines/equipment c. Sales/rental agreement that proves: 1) Control (ownership/rental) of machines to produce upstream metal industry products and quality testing equipment 2) Compliance of installed production capacity with business data
03Have a human resources organizational structure document that includes at least: a. Company leadership, Head of production, Head of quality control, Head of human resources development, and/or b. Head of marketing.
04Have a flowchart document for: a. Procurement, receipt, and storage of raw materials b. Production process c. Quality control process d. Packaging, storage, transportation, and distribution of production results
05Possess documentation in the form of photos proving the availability of occupational accident handling facilities and rest areas for workers.
06Possess documents in the form of a list of equipment, photos of the equipment that prove ownership (ownership/rental) and use of the equipment to mitigate environmental pollution risks.
07Have a facility layout planning document for the plant in accordance with the process flow chart.

Ongoing obligations

Compliance and reporting duties throughout operation

01Have proof of submission of mandatory validated Industrial Data every 6 (six) months in accordance with the laws and regulations in the industrial sector.
02Ensure the safety and security of equipment, processes, production results, storage, and transportation, in accordance with applicable laws and regulations.
03Possess periodic calibration documents for quality control equipment or periodic results from independent laboratory tests on the produced products.
04Have a document in the form of a disaster evacuation SOP, including the arrangement of workplace safety signs.
05Possess a Quality Management System certificate (ISO 9001).

Issuing authority

The authority that issues the license depends on your situation.

Authority	Applies when
Minister/Head of Agency	All of them
Minister/Head of Agency	Foreign Investment

Speak to Emerhub

Get your KBLI 24101 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 24101

§ 01

Foreign investment rules

Status · open

Fully open to foreign investment

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: Basic metals — upstream.

Investment momentum

Basic metals & mineral processing sector — Q3 2025

BKPM-reported foreign investment context for the broader sector this KBLI sits in. Data is aggregated at the major-sector level — BKPM does not publish per-5-digit-KBLI breakdowns publicly.

PMA realized

IDR 97.8t≈ USD 6.1b

+64.6% YoY

Top investing countries

China38%

Singapore14%

Hong Kong11%

§ 02

Regulations governing KBLI 24101

Current status, what each regulation actually requires for this activity, and how it ties to the PB UMKU sector permits below. Click through for the plain-English summary.

Indonesia, Kementerian Keuangan

§ 03

How we handle your KBLI 24101 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 24101 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 24101, scoped to your specific business plan.

Request a quote

§ 06

Licensing requirements in detail

What's required to operate

NIB

Preparation only — additional permit needed below

Operating License (Izin)

Processing time

7Days

Statutory turnaround

Application requirements

Documents and capabilities you must demonstrate at registration

01Have a document outlining the plan for the type, specifications, quantity, and source of raw materials, as well as the source and amount/volume of energy and water needed to carry out industrial business activities for 1 (one) production cycle or for a duration of 6 (six) months ahead.
02Have documents in the form of: a. Machine specifications and/or equipment list b. Photos of machines/equipment c. Sales/rental agreement that proves: 1) Control (ownership/rental) of machines to produce upstream metal industry products and quality testing equipment 2) Compliance of installed production capacity with business data
03Have a human resources organizational structure document that includes at least: a. Company leadership, Head of production, Head of quality control, Head of human resources development, and/or b. Head of marketing.
04Have a flowchart document for: a. Procurement, receipt, and storage of raw materials b. Production process c. Quality control process d. Packaging, storage, transportation, and distribution of production results
05Possess documentation in the form of photos proving the availability of occupational accident handling facilities and rest areas for workers.
06Possess documents in the form of a list of equipment, photos of the equipment that prove ownership (ownership/rental) and use of the equipment to mitigate environmental pollution risks.
07Have a facility layout planning document for the plant in accordance with the process flow chart.

Ongoing obligations

Compliance and reporting duties throughout operation

01Have proof of submission of mandatory validated Industrial Data every 6 (six) months in accordance with the laws and regulations in the industrial sector.
02Ensure the safety and security of equipment, processes, production results, storage, and transportation, in accordance with applicable laws and regulations.
03Possess periodic calibration documents for quality control equipment or periodic results from independent laboratory tests on the produced products.
04Have a document in the form of a disaster evacuation SOP, including the arrangement of workplace safety signs.
05Possess a Quality Management System certificate (ISO 9001).

Issuing authority

The authority that issues the license depends on your situation.

Authority	Applies when
Minister/Head of Agency	All of them
Minister/Head of Agency	Foreign Investment

Speak to Emerhub

Get your KBLI 24101 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 24101

§ 03

What is KBLI 24101?

A plain-English explanation of this classification and the businesses it covers.

KBLI 24101 (Industri Besi Dan Baja Dasar (Iron And Steel Making)) is the 5-digit Indonesian Standard Industrial Classification code for iron and steel making industry. It sits within Manufacturing Industry under the subgroup Basic Iron and Steel Industry (major group 24) in the official KBLI 2020 taxonomy maintained by Statistics Indonesia (BPS).

This group includes the manufacturing of iron and steel in basic forms, such as iron ore pellets, sponge iron, pig iron, and the production of iron and steel in the form of crude steel such as steel ingots, steel billets, steel blooms, and steel slabs. It also includes the production of alloyed iron and steel. Included are activities such as furnace operations, steel converters, rolling mills, and finishing; production of pig iron in basic forms such as blocks; production of mixed iron; production of iron products directly reduced from iron ore and other hollow iron products; production of iron from refining results using electrolytic processes and other chemical processes; production of iron granules and iron powder; production of steel bars (ingots) or other basic forms; remelting of leftover iron or steel ingots; and production of semi-finished steel.

Who needs KBLI 24101?

Any Indonesian or foreign-owned entity that intends to operate in iron and steel making industry as a primary or secondary business activity must select this code on its NIB (Business Identification Number). The selected code determines the licensing instruments required, the issuing authority, and the ongoing compliance obligations.

Why does the code matter?

Indonesia's OSS Risk-Based Approach uses the KBLI code to determine three things: (1) whether foreign investment is permitted and at what cap, (2) the risk-based licensing instruments required, and (3) the authority that issues each instrument. Choosing the wrong code can delay or invalidate your license.

§ 08

Common questions about KBLI 24101

What is KBLI 24101?

KBLI 24101 (Industri Besi Dan Baja Dasar (Iron And Steel Making)) is the 5-digit Indonesian Standard Industrial Classification code for iron and steel making industry. It sits within the Manufacturing Industry category in the official KBLI 2020 taxonomy maintained by Badan Pusat Statistik (BPS).

Can foreign investors operate under KBLI 24101?

Yes — KBLI 24101 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 24101?

KBLI 24101'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 24101 require?

NIB + Operating Licence (Izin). KBLI 24101 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 24101?

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 24101?

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 24101 specifically takes 7 days at the Large business scale.

Is KBLI 24101 eligible for Indonesian tax incentives?

Yes — KBLI 24101 is on the Tax Holiday pioneer-industry list (PMK 130/2020) under Basic metals — upstream. Eligible for 5-20 year corporate income tax exemption depending on capex tier.

Which authority issues the KBLI 24101 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 24101 need?

Beyond the NIB, no specific auxiliary permits (PB UMKU) are recorded for KBLI 24101. Sector-specific obligations may still apply — verify with the relevant ministry.

What KBLI codes are similar to 24101?

KBLIs in the same subgroup 2410: 24102 (Steel Rolling Industry); 24103 (Steel and Iron Pipe and Pipe Fitting Industry). These are closely related activities — see the related-codes section below for full list.

What you’ll need to operate under KBLI 24101

Foreign investment rules

Fully open to foreign investment

Basic metals & mineral processing sector — Q3 2025

Regulations governing KBLI 24101

How we handle your KBLI 24101 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 Basic Iron and Steel Industry

Get your KBLI 24101 setup handled end-to-end.

Yes — open to PMA up to 100%.

What's specific to this sector

KBLI 24101 at a glance

What you’ll need to operate under KBLI 24101

Foreign investment rules

Fully open to foreign investment

Basic metals & mineral processing sector — Q3 2025

Regulations governing KBLI 24101

How we handle your KBLI 24101 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 Basic Iron and Steel Industry

Get your KBLI 24101 setup handled end-to-end.

We obtain your NIB

Secure your full Operating License (Izin)

Hand-off to ongoing compliance

No. 25 of 2019

What is KBLI 24101?

Who needs KBLI 24101?

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 24101

What is KBLI 24101?

Can foreign investors operate under KBLI 24101?

What is the risk level of KBLI 24101?

What licenses does KBLI 24101 require?

What is the minimum capital for a PT PMA under KBLI 24101?

How long does it take to register a business under KBLI 24101?

Is KBLI 24101 eligible for Indonesian tax incentives?

Which authority issues the KBLI 24101 license?

What other permits beyond the NIB does KBLI 24101 need?

What KBLI codes are similar to 24101?