Foreign Investor FeasibilityKBLI 47826
§ 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 47826 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
Conditional sub-activities
1- Retail trade of street vendors selling alcoholic beverages.Restricted and closely monitored, regulated under specific legislation in the field of control and supervision of alcoholic beverages.
Sector capital requirement
Higher minimum capital required by OSS RBA (standard ladder)
Street vendors and market stalls (small-format retail)
Required paid-up
BKPM Reg. 5/2025 default (IDR 2.5 billion paid-up)
Regulation
BKPM Reg. 5/2025 (default PMA capital) — no sector regulator override
Note. The official KBLI activity description for codes in this subgroup uses small-format terminology — Pedagang Kaki Lima (PKL), street vendor, market stall, or kios. BUPM does not restrict foreign ownership and OSS RBA permits Large-scale registration, so a PT PMA can legally incorporate under any of these codes. The advisory note is a sanity check: if the visitor is planning a formal-store / chain / franchise / modern-retail business, a code in the 4711-4774 formal-store retail family (e.g. KBLI 47190, 47711-47798) may match the business model more accurately. Worth confirming the right code with our team before incorporating. Product-side regulators (BPOM, etc.) still apply per SKU sold regardless of which retail KBLI is chosen.
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.
Investment momentum
Retail trade 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 8.7t≈ USD 0.54b
+11.5% YoY
Top investing countries
Singapore33%
Japan19%
South Korea13%
E-commerce (Tokopedia, Bukalapak, Shopee, Tiktok Shop) and modern-format retail (Ranch Market, Lotte Mart) drive most foreign-owned activity. Traditional and small-format retail remain reserved for Indonesian SMEs.
§ 02
Activities included under KBLI 47826
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 47826
From the official OSS scope definition for this KBLI class. Each item is a distinct sub-activity that falls under this code.
- 01Trade of non-alcoholic beverages
- 02Trade of alcoholic beverages
§ 03
How we handle your KBLI 47826 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 47826 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 47826, 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 · 2
Sub-activity scope
Trade of non-alcoholic beverages
What's required to operate
NIB
NIB is sufficient for both preparation and commercial operation. No additional licensing instrument is issued by OSS at this risk level.
Application requirements
0Documents and capabilities you must demonstrate at registration
No specific application requirements at this scale.
Ongoing obligations
1Compliance and reporting duties throughout operation
- 01Submit business activity reports to the Minister of Trade.
Issuing authority
The authority that issues the license depends on your situation.
| Authority | Applies when |
|---|---|
| Regent/Mayor | Regency/City |
| Minister/Head of Agency | All |
| Minister/Head of Agency | Foreign Investment |
| Governor | Special Capital Region of Jakarta Province |
§ 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 1 candidate permit across 1 regulator; most operations only need a handful. Emerhub maps your operation to the exact set, files them, and tracks renewals.
Pharmaceuticals
1 permitBPOM (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.
Speak to Emerhub
Get your KBLI 47826 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.