KBLI 24310: Iron and Steel Casting Industry

KBLI 24310: Iron and Steel Casting 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 24310 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 (group-wide).

Note. Most KBLI 24xxx codes (smelting, refining, casting) qualify for Tax Holiday subject to IDR 100b+ capex commitment.

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 24310 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 24310 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 24310, 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.
02Possess 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 for producing plastic and rubber industrial 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 b. Person in charge of production and/or quality control c. Person in charge of marketing d. Person in charge of finance e. Person in charge of human resources development
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.
06Have 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	The industrial location is situated within a cross-border area between provinces.
Minister/Head of Agency	Foreign Investment
Governor	The industrial location is in the relevant province.

Speak to Emerhub

Get your KBLI 24310 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 24310

§ 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 (group-wide).

Note. Most KBLI 24xxx codes (smelting, refining, casting) qualify for Tax Holiday subject to IDR 100b+ capex commitment.

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 24310 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 24310 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 24310, 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.
02Possess 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 for producing plastic and rubber industrial 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 b. Person in charge of production and/or quality control c. Person in charge of marketing d. Person in charge of finance e. Person in charge of human resources development
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.
06Have 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	The industrial location is situated within a cross-border area between provinces.
Minister/Head of Agency	Foreign Investment
Governor	The industrial location is in the relevant province.

Speak to Emerhub

Get your KBLI 24310 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 24310

§ 08

Common questions about KBLI 24310

What is KBLI 24310?

KBLI 24310 (Industri Pengecoran Besi Dan Baja) is the 5-digit Indonesian Standard Industrial Classification code for iron and steel casting 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 24310?

Yes — KBLI 24310 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 24310?

KBLI 24310's risk levels per business scale: Micro Low, Small Low, Medium Medium-Low, Large High. Foreign-owned entities (PT PMA) must register at the Large scale.

What licenses does KBLI 24310 require?

NIB + Operating Licence (Izin). KBLI 24310 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 24310?

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 24310?

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 24310 specifically takes 7 days at the Large business scale.

Is KBLI 24310 eligible for Indonesian tax incentives?

Yes — KBLI 24310 is on the Tax Holiday pioneer-industry list (PMK 130/2020) under Basic metals (group-wide). Eligible for 5-20 year corporate income tax exemption depending on capex tier.

Which authority issues the KBLI 24310 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 24310 need?

Beyond the NIB, no specific auxiliary permits (PB UMKU) are recorded for KBLI 24310. Sector-specific obligations may still apply — verify with the relevant ministry.

What KBLI codes are similar to 24310?

KBLI 24310 is the only entry in its subgroup 2431. Browse the parent group 243 for related activities.

What you’ll need to operate under KBLI 24310

Foreign investment rules

Fully open to foreign investment

Basic metals & mineral processing sector — Q3 2025

How we handle your KBLI 24310 setup

Confirm the optimal structure for your business

Incorporate your PT PMA

Licensing requirements in detail

Application requirements

Ongoing obligations

Issuing authority

Get your KBLI 24310 setup handled end-to-end.

Yes — open to PMA up to 100%.

What's specific to this sector

KBLI 24310 at a glance

What you’ll need to operate under KBLI 24310

Foreign investment rules

Fully open to foreign investment

Basic metals & mineral processing sector — Q3 2025

How we handle your KBLI 24310 setup

Confirm the optimal structure for your business

Incorporate your PT PMA

Licensing requirements in detail

Application requirements

Ongoing obligations

Issuing authority

Get your KBLI 24310 setup handled end-to-end.

We obtain your NIB

Secure your full Operating License (Izin)

Hand-off to ongoing compliance

What is KBLI 24310?

Who needs KBLI 24310?

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 24310

What is KBLI 24310?

Can foreign investors operate under KBLI 24310?

What is the risk level of KBLI 24310?

What licenses does KBLI 24310 require?

What is the minimum capital for a PT PMA under KBLI 24310?

How long does it take to register a business under KBLI 24310?

Is KBLI 24310 eligible for Indonesian tax incentives?

Which authority issues the KBLI 24310 license?

What other permits beyond the NIB does KBLI 24310 need?

What KBLI codes are similar to 24310?