Foreign Investor FeasibilityKBLI 46447
§ 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 46447 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.
Sector capital requirement
Higher minimum capital required by BPOM + Kemenkes
Wholesale of pharmaceutical raw materials for humans and animals
Required paid-up
BKPM Reg. 5/2025 default (IDR 2.5 billion paid-up)
Regulation
Permenkes 14/2021 + Permenkes 1148/2011 (PBF)
Note. Same PBF + Apoteker requirement as KBLI 46441 — operating requires an Indonesian-licensed pharmacist (Apoteker STRA + SIPA) as the Penanggung Jawab Teknis. PT PMA can hold the corporate licence; the responsible-pharmacist role cannot be filled by a foreign practitioner.
BKPM Reg. 5/2025's default is IDR 2.5 billion paid-up + IDR 10 billion commitment per KBLI. The figure above is the binding override for this activity — the higher number wins.
§ 02
Activities included under KBLI 46447
Sub-activities recorded under this KBLI in the OSS regulatory database. The classification covers any business operating in one or more of these areas.
Sub-activities under KBLI 46447
From the official OSS scope definition for this KBLI class. Each item is a distinct sub-activity that falls under this code.
- 01Wholesale trader of pharmaceutical raw materials for humans
- 02Wholesale trade of pharmaceutical materials for animals (exporters, importers, distributors)
- 03
§ 03
How we handle your KBLI 46447 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 daysWe confirm KBLI 46447 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 daysWe 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 46447, 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).
Sub-activity scopes · 3
Sub-activity scope
Wholesale trader of pharmaceutical raw materials for humans
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
4Days
Statutory turnaround
Application requirements
3Documents and capabilities you must demonstrate at registration
- 01Documents for the responsible pharmacist include: a. Pharmacist Registration Certificate (STRA) b. Statement of full-time employment c. Cooperation agreement with the business operator certified by a notary
- 02Business location data, including: Office of the Pharmaceutical Distribution Business (PBF) for Medicinal Ingredients Warehouse of the Pharmaceutical Distribution Business (PBF) for Medicinal Ingredients
- 03Proof of Payment for Non-Tax State Revenue (PNBP)
Ongoing obligations
3Compliance and reporting duties throughout operation
- 01Having a Good Distribution Practice (GDP) certificate with a compliance deadline of no later than 12 months from the issuance of the license.
- 02Having a pharmacist practice license for the responsible pharmacist.
- 03Submitting reports on the activities of receiving and distributing pharmaceutical materials.
Issuing authority
The authority that issues the license depends on your situation.
| Authority | Applies when |
|---|---|
| Minister/Head of Agency | All |
| 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 4 candidate permits across 3 regulators; most operations only need a handful. Emerhub maps your operation to the exact set, files them, and tracks renewals.
Pharmaceuticals
2 permitsBPOM (National Agency of Drug & Food Control). Applies to drugs, processed food, traditional medicine, cosmetics, and health supplements — produced, imported, repackaged, or distributed for human consumption. BPOM is the gating regulator; product registration is required before any commercial sale.
- Certificate of Good Distribution Practice for PharmaceuticalsSertifikat Cara Distribusi Obat yang Baik4 requirements5 obligationsFood and Drug Supervisory Agency
- Change of Good Distribution Practice Certificate for MedicinesPerubahan Sertifikat Cara Distribusi Obat Yang Baik5 requirements6 obligationsFood and Drug Supervisory Agency
Marine & Fisheries
1 permitMinistry of Marine Affairs & Fisheries (KKP). Applies to capture fishing, aquaculture, fish processing, fish-feed production, and live-fish trade. The Processing Feasibility Certificate (SKP) is the gating quality permit for fish processors.
Veterinary & Animal Medicine
1 permitMinistry of Agriculture. Applies if you produce, import, distribute, or sell animal medicines, vaccines, or feed; if you breed livestock; or if you operate a veterinary practice. A "veterinary control number" (NKV) is the entry-point permit for animal-product processors.
Speak to Emerhub
Get your KBLI 46447 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.