KBLI 32112: Jewelry Industry from Precious Meta… · Open

KBLI 32112: Jewelry Industry from Precious Meta… · Open · carve-outs

§ 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 with carve-outs

Open to foreign investment, with carve-outs

KBLI 32112 is open as a class — a 100% foreign-owned PT PMA can be incorporated under this code — but Pres. Reg. 10/2021 carves out 1 specific sub-activity that are off-limits or restricted for foreign capital. The rest of the activity remains open to PMA. The carved-out items are listed below; any of them needs to be either avoided, served via an Indonesian operator, or structured around case-by-case.

Listed restrictions

Requires SME / cooperative partnership

Jewelry industry using precious metals for personal use.
Sector: Industry

§ 02

Regulations governing KBLI 32112

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 32112 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 32112 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 32112, 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

Standard Certificate (Self-declared)

Important: NIB is issued for the preparation stage. To begin commercial operations, the operator must self-declare compliance with applicable standards via OSS, which generates the Sertifikat Standar. Operating commercially with NIB alone is not legally compliant at this risk level.

Application requirements

Documents and capabilities you must demonstrate at registration

No specific application requirements at this scale.

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 32112 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 32112

§ 01

Foreign investment rules

Status · Open with carve-outs

Open to foreign investment, with carve-outs

Listed restrictions

Requires SME / cooperative partnership

Jewelry industry using precious metals for personal use.
Sector: Industry

§ 02

Regulations governing KBLI 32112

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 32112 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 32112 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 32112, 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

Standard Certificate (Self-declared)

Application requirements

Documents and capabilities you must demonstrate at registration

No specific application requirements at this scale.

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 32112 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 32112

§ 08

Common questions about KBLI 32112

What is KBLI 32112?

KBLI 32112 (Jewelry Industry from Precious Metals for Personal Use) is the 5-digit Indonesian Standard Industrial Classification code for jewelry industry from precious metals for personal use. 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 32112?

Yes, KBLI 32112 is open to PMA at the class level, but Pres. Reg. 10/2021 carves out specific sub-activities that are restricted. A foreign investor can operate the unrestricted slices subject to the same BKPM Reg. 5/2025 capital rules.

What is the risk level of KBLI 32112?

KBLI 32112's risk levels per business scale: Micro Medium-Low, Small Medium-Low, Medium Medium-Low, Large Medium-Low. Foreign-owned entities (PT PMA) must register at the Large scale.

What licenses does KBLI 32112 require?

NIB + self-declared Standard Certificate (Sertifikat Standar). KBLI 32112 is Medium-Low risk at Large scale, so the investor declares compliance with the applicable technical standard at NIB issuance. No government pre-audit, but the declaration is binding and can trigger a post-audit.

What is the minimum capital for a PT PMA under KBLI 32112?

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 32112?

PT PMA setup typically takes 4-8 weeks end-to-end: AHU registration, NIB via OSS, bank account opening. KBLI-specific licensing depends on the permit instrument required.

Is KBLI 32112 eligible for Indonesian tax incentives?

Not on the Tax Holiday or Tax Allowance priority lists. KBLI 32112 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 32112 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 32112 need?

Beyond the NIB, no specific auxiliary permits (PB UMKU) are recorded for KBLI 32112. Sector-specific obligations may still apply — verify with the relevant ministry.

What KBLI codes are similar to 32112?

KBLIs in the same subgroup 3211: 32111 (Gemstone Industry); 32113 (Jewelry Industry from Precious Metals Not for Personal Use); 32114 (Precious Metal Items Industry for Technical and/or Laboratory Purposes); 32115 (Pearl Jewelry Industry); 32119 (Other Metal Goods Industry). These are closely related activities — see the related-codes section below for full list.

What you’ll need to operate under KBLI 32112

Foreign investment rules

Open to foreign investment, with carve-outs

Requires SME / cooperative partnership

Regulations governing KBLI 32112

How we handle your KBLI 32112 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 Jewelry and Similar Goods Industry.

Get your KBLI 32112 setup handled end-to-end.

Open to PMA, with sub-activity carve-outs.

What's specific to this sector

KBLI 32112 at a glance

What you’ll need to operate under KBLI 32112

Foreign investment rules

Open to foreign investment, with carve-outs

Requires SME / cooperative partnership

Regulations governing KBLI 32112

How we handle your KBLI 32112 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 Jewelry and Similar Goods Industry.

Get your KBLI 32112 setup handled end-to-end.

We obtain your NIB

Secure your Standard Certificate (Self-Declared)

Hand-off to ongoing compliance

No. 52 of 2025

What is KBLI 32112?

Who needs KBLI 32112?

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 32112

What is KBLI 32112?

Can foreign investors operate under KBLI 32112?

What is the risk level of KBLI 32112?

What licenses does KBLI 32112 require?

What is the minimum capital for a PT PMA under KBLI 32112?

How long does it take to register a business under KBLI 32112?

Is KBLI 32112 eligible for Indonesian tax incentives?

Which authority issues the KBLI 32112 license?

What other permits beyond the NIB does KBLI 32112 need?

What KBLI codes are similar to 32112?