64147Secondary Sharia Savings and Loan Cooperative (KSPPS Sekunder)
Secondary Islamic Savings and Loan and Financing Cooperative (KSPPS Sekunder)
Last updated · Sourced from OSS Indonesia
This group includes secondary cooperatives that conduct savings and loan activities and Islamic financing, including managing zakat, infak, sedekah, and waqf. Secondary KSPPS is established by and consists of cooperatives that carry out savings and loan activities and Islamic financing.
KBLI 64147 at a glance
- KBLI code
- 64147
- Taxonomy version
- KBLI 2020
- Activity (English)
- Secondary Sharia Savings and Loan Cooperative (KSPPS Sekunder)
- Activity (Indonesian)
- Secondary Islamic Savings and Loan and Financing Cooperative (KSPPS Sekunder)
- Category
- Financial and Insurance Activities
- Risk level (Large scale, PMA)
- High
- Foreign ownership status
- Fully open to PMA (100%)
- Minimum capital (PT PMA)
- IDR 2.5 billion paid-up + IDR 10 billion+ commitment per KBLI (BKPM Reg. 5/2025)
- Primary licensing instrument
- NIB
- Issuing authority (PMA)
- Regent/Mayor
- Tax incentive eligibility
- None recorded
- Last verified
- April 24, 2026
Key facts for KBLI 64147
The essentials a foreign investor needs to know before reading the rest of this page.
100% foreign ownership permitted via PT PMA. KBLI 64147 is not on Indonesia's closed, conditional, SME-reserved or partnership-required schedules under Pres. Reg. 10/2021.
Default minimum paid-up capital: IDR 2.5 billion (~USD 160K) under BKPM Reg. 5/2025 (effective Oct 2025) — applies unless a sector regulator sets a higher figure for this activity. The often-cited IDR 10 billion is the total investment commitment per KBLI realised over time via quarterly LKPM reports, not required upfront.
High-risk activity — requires NIB + full Operating License (Izin) to operate commercially. NIB alone enables only the preparation stage; an Operating License must be obtained before invoicing or production starts.
Statutory licensing turnaround: 3 days once we submit the application — on top of the 2–3 weeks for PT PMA incorporation. We coordinate the full sequence end-to-end.
Issuing authority for PMA: Regent/Mayor — this KBLI is routed centrally rather than to provincial / regency level.
OJK authorization required: in addition to OSS NIB. Capital requirements set by OJK are typically much higher than the standard PT PMA minimum.
Ongoing reporting: quarterly LKPM (Investment Activity Report) to BKPM plus 3 sector-specific obligations. We file these on your behalf as part of monthly compliance — you stay out of the OSS portal entirely.
- Risk level
- HighNIB + full Operating License
- Primary license
- NIB + full Operating License (Izin)NIB enables preparation only — additional permit needed to operate
- Setup timeline
- 3 DaysStatutory turnaround at OSS
- Issuing authority
- Regent/MayorDefault issuing authority
- Min. paid-up capital
- IDR 2.5 BBKPM default paid-up — sector rules may set a higher figure
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.
Fully open to foreign investment
KBLI 64147 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.
What it costs to set up a PT PMA under KBLI 64147
Realistic year-1 cost stack for a foreign-investor PT PMA operating under this KBLI. Numbers reflect Emerhub's actual engagement scope; sector-specific overrides applied where present.
Approximate USD equivalents at IDR 16,000/USD (Budget 2025 reference rate).
Engagement scoped to your specific business plan — exact numbers depend on operating jurisdiction, foreign-worker count, and bank choice for capital deposit.
Get an exact quote for KBLI 64147Financial services 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.
Reported separately from financial services figures in the headline BKPM realisation total. OJK approval is the binding gate. Multi-finance (consumer + commercial) attracted more inbound FDI than banking in 2025.
Source: BKPM (2026-04-29). Updated quarterly.
View original on data.bkpm.go.id →How we handle your KBLI 64147 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 64147 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.
What we need from you- Powers of attorney (we prepare; you sign and notarize)
- Director / commissioner appointment letters
- Initial capital deposit confirmation
- 3
We obtain your NIB
1–2 business daysWe file the OSS application with KBLI 64147 as your primary business activity, complete the risk-based assessment, and collect the NIB (Business Identification Number) for you — typically within hours of submission. You don't need to touch the OSS portal.
What we need from you- Office address (virtual office acceptable for many KBLIs; we can arrange one)
- 4
Secure your full Operating License (Izin)
3+ business daysNIB 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. We prepare the application bundle, liaise with the competent ministry, and chase issuance through to the certificate. Statutory turnaround: 3 business days — real-world timing typically runs longer when site inspections or additional clarifications are requested.
What we need from you- Technical documentation specific to your operation
- Appointment of a Penanggung Jawab Teknis (PJT — technical responsible person)
- 5
Hand-off to ongoing compliance
OngoingPost-launch we run your monthly tax filings, quarterly LKPM (Investment Activity Reports), annual general meeting (RUPS), and any sector-specific reporting. You get a single point of contact and a monthly compliance digest — no Indonesian-language paperwork on your desk.
What is KBLI 64147?
A plain-English explanation of this classification and the businesses it covers.
KBLI 64147 (Secondary Islamic Savings and Loan and Financing Cooperative (KSPPS Sekunder)) is the 5-digit Indonesian Standard Industrial Classification code for secondary sharia savings and loan cooperative (kspps sekunder). It sits within Financial and Insurance Activities under the subgroup Cooperative Savings and Loan/Unit Savings and Loan (major group 64) in the official KBLI 2020 taxonomy maintained by Statistics Indonesia (BPS).
Who needs KBLI 64147?
Any Indonesian or foreign-owned entity that intends to operate in secondary sharia savings and loan cooperative (kspps sekunder) as a primary or secondary business activity must select this code on its NIB (Business Identification Number). The selected code determines the licensing instruments required, the issuing authority, and the ongoing compliance obligations.
Why does the code matter?
Indonesia's OSS Risk-Based Approach uses the KBLI code to determine three things: (1) whether foreign investment is permitted and at what cap, (2) the risk-based licensing instruments required, and (3) the authority that issues each instrument. Choosing the wrong code can delay or invalidate your license.
Activities included under KBLI 64147
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 64147
From the official OSS scope definition for this KBLI class. Each item is a distinct sub-activity that falls under this code.
- 01Secondary KSPPS Business
- 02Branch Office Service Network of Secondary KSPPS
Financial services-specific guidance
Sector context that applies to KBLI 64147 beyond the generic OSS process. Verify with the relevant ministry before committing capital.
- ·Banking, multi-finance, and securities activities require OJK authorization in addition to OSS NIB.
- ·Foreign equity caps vary by sub-sector: 99% for commercial banks (subject to OJK approval), 85% for multi-finance, 99% for securities.
- ·Capital requirements for banks/finance companies are set by OJK and are substantially higher than the standard PT PMA minimum.
Under the upcoming KBLI 2025
Indonesia's BPS published the new KBLI 2025 taxonomy in early 2025. OSS, BKPM and the operating ministries have not yet adopted it — KBLI 2020 remains the active standard for business registration. This is what's coming for this specific code.
Reorganised in KBLI 2025
KBLI 64147 does not carry the same number forward into KBLI 2025 — the activity has been reclassified, but the precise mapping isn't recorded in our database yet.
- ·For current operations, KBLI 64147 remains valid — OSS still uses KBLI 2020 for all business registrations.
- ·The KBLI 2025 successor codes are listed in the official BPS transition document below; check for the activity-specific mapping when planning future structures.
- ·Once OSS announces the KBLI 2025 cutover, existing entities will need to update their primary KBLI to the relevant successor — typically straightforward.
When OSS adopts KBLI 2025, we'll migrate your existing entity to the appropriate successor code as part of ongoing compliance — no action needed on your end now.
Talk to a specialistRisk level by business scale
Indonesia's OSS Risk-Based Approach assigns a separate risk level for each of the four business scales. The licensing instruments required (NIB, Standard Certificate, Operating License) are determined by the risk level. Foreign-owned entities (PT PMA) must register at the Large scale, so the rightmost column applies to most foreign investors.
Micro
Small
Medium
Large
PMA scaleWhat does each risk level require to operate? ›
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).
Secondary KSPPS Business
Application requirements
9Documents and capabilities you must demonstrate at registration
- 01Proof of initial business capital deposit at a sharia bank
- 02Have a work plan
- 03Resume of management and supervisory personnel accompanied by a notarized statement.
- 04Letter of approval for the feasibility and suitability test of management and supervisors
- 05Surat pernyataan kepatuhan atas ketentuan peraturan perundang- undangan usaha simpan pinjam
- 06Surat pernyataan penerima manfaat (Beneficial Owner)
- 07Having regulations on the principles of recognizing service users.
- 08Certification of competence in the field of cooperative finance for managers and
- 09Proof of ownership and/or office lease, cooperative signboard, and work facilities
Ongoing obligations
4Compliance and reporting duties throughout operation
- 01Prepare and implement Management Operational Standards (SOM)
- 02Melaksanakan ketentuan penyelenggaraan usaha simpan pinjam sesuai ketentuan peraturan perundang undangan dan penerapan prinsip kehati hatian
- 03Submit financial reports and business activities to the government.
- 04Dalam hal melaksanakan aktifitas Koperasi Jasa Keuangan (KJK) wajib memiliki izin operasional yang diterbitkan Lembaga otoritas keuangan
Issuing authority
The authority that issues the license depends on your situation.
| Authority | Applies when |
|---|---|
| Regent/Mayor | District/City membership area |
| Minister/Head of Agency | Cross-province membership area |
| Minister/Head of Agency | Foreign Investment |
| Governor | Cross-district/city membership area |
Common questions about KBLI 64147
What is KBLI 64147?
KBLI 64147 (Secondary Islamic Savings and Loan and Financing Cooperative (KSPPS Sekunder)) is the 5-digit Indonesian Standard Industrial Classification code for secondary sharia savings and loan cooperative (kspps sekunder). It sits within the Financial and Insurance Activities category in the official KBLI 2020 taxonomy maintained by Badan Pusat Statistik (BPS).
Can foreign investors operate under KBLI 64147?
Yes — KBLI 64147 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 64147?
KBLI 64147's risk levels per business scale: Mikro High, Kecil High, Menengah High, Besar High. Foreign-owned entities (PT PMA) must register at the Large scale.
What licenses does KBLI 64147 require?
NIB only — KBLI 64147 is a low-risk activity in OSS RBA, so the Business Identification Number alone suffices for operational licensing.
What is the minimum capital for a PT PMA under KBLI 64147?
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 64147?
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 64147 specifically takes 3 days at the Large business scale.
Is KBLI 64147 eligible for Indonesian tax incentives?
Not on the Tax Holiday or Tax Allowance priority lists. KBLI 64147 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 64147 license?
Authority depends on the investor profile. For PMA: Regent/Mayor. 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 64147 need?
Beyond the NIB, no specific auxiliary permits (PB UMKU) are recorded for KBLI 64147. Sector-specific obligations may still apply — verify with the relevant ministry.
What KBLI codes are similar to 64147?
KBLIs in the same subgroup 6414: 64141 (Koperasi Simpan Pinjam Primer (KSP Primer)); 64142 (Primary Savings and Loan Cooperative Units (USP Koperasi Primer)); 64143 (Koperasi Simpan Pinjam Sekunder (KSP Sekunder)); 64144 (Secondary Savings and Loan Cooperative Units (USP Koperasi Sekunder)); 64145 (Primary Sharia Savings and Loan Cooperative (KSPPS Primer)). These are closely related activities — see the related-codes section below for full list.
