KBLI 32115: Pearl Jewelry Industry

KBLI 32115: Pearl Jewelry 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 32115 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.

§ 02

How we handle your KBLI 32115 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 32115 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 32115, 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

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 32115 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 32115

§ 01

Foreign investment rules

Status · open

Fully open to foreign investment

§ 02

How we handle your KBLI 32115 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 32115 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 32115, 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

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 32115 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 32115

§ 08

Common questions about KBLI 32115

What is KBLI 32115?

KBLI 32115 (Industri Perhiasan Mutiara) is the 5-digit Indonesian Standard Industrial Classification code for pearl jewelry 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 32115?

Yes — KBLI 32115 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 32115?

KBLI 32115'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 32115 require?

NIB + self-declared Standard Certificate (Sertifikat Standar). KBLI 32115 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 32115?

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 32115?

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 32115 eligible for Indonesian tax incentives?

Not on the Tax Holiday or Tax Allowance priority lists. KBLI 32115 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 32115 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 32115 need?

Beyond the NIB, no specific auxiliary permits (PB UMKU) are recorded for KBLI 32115. Sector-specific obligations may still apply — verify with the relevant ministry.

What KBLI codes are similar to 32115?

KBLIs in the same subgroup 3211: 32111 (Gemstone Industry); 32112 (Jewelry Industry from Precious Metals for Personal Use); 32113 (Jewelry Industry from Precious Metals Not for Personal Use); 32114 (Precious Metal Items Industry for Technical and/or Laboratory Purposes); 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 32115

Foreign investment rules

Fully open to foreign investment

How we handle your KBLI 32115 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 32115 setup handled end-to-end.

Yes — open to PMA up to 100%.

What's specific to this sector

KBLI 32115 at a glance

What you’ll need to operate under KBLI 32115

Foreign investment rules

Fully open to foreign investment

How we handle your KBLI 32115 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 32115 setup handled end-to-end.

We obtain your NIB

Secure your Standard Certificate (Self-Declared)

Hand-off to ongoing compliance

What is KBLI 32115?

Who needs KBLI 32115?

Why does the code matter?

Under the upcoming KBLI 2025

Reorganised in KBLI 2025

Risk level by business scale

Micro

Small

Medium

Large

Common questions about KBLI 32115

What is KBLI 32115?

Can foreign investors operate under KBLI 32115?

What is the risk level of KBLI 32115?

What licenses does KBLI 32115 require?

What is the minimum capital for a PT PMA under KBLI 32115?

How long does it take to register a business under KBLI 32115?

Is KBLI 32115 eligible for Indonesian tax incentives?

Which authority issues the KBLI 32115 license?

What other permits beyond the NIB does KBLI 32115 need?

What KBLI codes are similar to 32115?