KBLI 24102: Steel Rolling Industry

KBLI 24102: Steel Rolling 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

Open under BUPM (subject to sector rules)

KBLI 24102 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: 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

How we handle your KBLI 24102 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 24102 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 24102, 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

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

§ 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 2 candidate permits across 1 regulator; most operations only need a handful. Emerhub maps your operation to the exact set, files them, and tracks renewals.

Defence & Security

2 permits

Ministry of Defence. Applies when the operation produces, stores, or distributes weapons, ammunition, military vehicles, or explosives. The Ministry of Defence vets and re-vets the operator across the lifecycle.

Speak to Emerhub

Get your KBLI 24102 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 24102

§ 01

Foreign investment rules

Status · open

Open under BUPM (subject to sector rules)

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

How we handle your KBLI 24102 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 24102 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 24102, scoped to your specific business plan.

Request a quote

§ 05

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

§ 05

Auxiliary permits (PB UMKU)

Defence & Security

2 permits

Speak to Emerhub

Get your KBLI 24102 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 24102

§ 08

Common questions about KBLI 24102

What is KBLI 24102?

KBLI 24102 (Industri Penggilingan Baja (Steel Rolling)) is the 5-digit Indonesian Standard Industrial Classification code for steel rolling 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 24102?

KBLI 24102 is open to PT PMA under BUPM (Pres. Reg. 10/2021) — it is not on the closed, conditional, SME-reserved, or partnership-required schedules. That is the BUPM verdict only: sector regulators (PSE/Kominfo for digital platforms, BPOM for food and cosmetics, OJK for financial, Kemenkes for healthcare, Permendag for retail, ESDM for energy) commonly add licensing and capital requirements on top depending on the specific business model. Confirm the practical setup with our team before committing capital.

What is the risk level of KBLI 24102?

KBLI 24102'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 24102 require?

NIB + Operating Licence (Izin). KBLI 24102 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. 2 sector-specific PB UMKU permits also apply depending on the exact activity. See the requirements summary at the top of the page.

What is the minimum capital for a PT PMA under KBLI 24102?

BKPM Reg. 5/2025's default floor is IDR 2.5 billion paid-up capital at incorporation + IDR 10 billion+ total investment commitment per KBLI registered (realised over time and reported quarterly via LKPM). Sector regulators (OJK for financial, ESDM for energy, Kemenkes for healthcare, BPOM for food and cosmetics, Permendag for retail, Kominfo for digital platforms) often set higher minimums for specific activities — the binding figure depends on what you actually plan to operate, so confirm with our team before committing capital.

How long does it take to register a business under KBLI 24102?

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 24102 specifically takes 7 days at the Large business scale.

Is KBLI 24102 eligible for Indonesian tax incentives?

Yes — KBLI 24102 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 24102 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 24102 need?

Beyond the NIB, KBLI 24102 carries 2 PB UMKU permits across 1 sector regulator: Defence & Security (2). Most operations only need 2-4 of these — the relevant set depends on which specific activities you actually perform; Emerhub maps the right subset before filing.

What KBLI codes are similar to 24102?

KBLIs in the same subgroup 2410: 24101 (Iron and Steel Making 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 24102

Foreign investment rules

Open under BUPM (subject to sector rules)

Basic metals & mineral processing sector — Q3 2025

How we handle your KBLI 24102 setup

Confirm the optimal structure for your business

Incorporate your PT PMA

Licensing requirements in detail

Application requirements

Ongoing obligations

Issuing authority

Auxiliary permits (PB UMKU)

Related codes in Basic Iron and Steel Industry

Get your KBLI 24102 setup handled end-to-end.

Open under BUPM — subject to sector regulator requirements.

What's specific to this sector

KBLI 24102 at a glance

What you’ll need to operate under KBLI 24102

Foreign investment rules

Open under BUPM (subject to sector rules)

Basic metals & mineral processing sector — Q3 2025

How we handle your KBLI 24102 setup

Confirm the optimal structure for your business

Incorporate your PT PMA

Licensing requirements in detail

Application requirements

Ongoing obligations

Issuing authority

Auxiliary permits (PB UMKU)

Related codes in Basic Iron and Steel Industry

Get your KBLI 24102 setup handled end-to-end.

We obtain your NIB

Secure your full Operating License (Izin)

Hand-off to ongoing compliance

What is KBLI 24102?

Who needs KBLI 24102?

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 24102

What is KBLI 24102?

Can foreign investors operate under KBLI 24102?

What is the risk level of KBLI 24102?

What licenses does KBLI 24102 require?

What is the minimum capital for a PT PMA under KBLI 24102?

How long does it take to register a business under KBLI 24102?

Is KBLI 24102 eligible for Indonesian tax incentives?

Which authority issues the KBLI 24102 license?

What other permits beyond the NIB does KBLI 24102 need?

What KBLI codes are similar to 24102?