What licenses does KBLI 64194 require?

OSS hasn't published the regulatory profile for KBLI 64194 yet. The standard NIB applies, plus sector-specific licenses based on the activity. Confirm with the relevant ministry before incorporating.

What is the minimum capital for a PT PMA under KBLI 64194?

Sector regulator override: IDR 50-100 billion depending on zone required by OJK under POJK 26/2024 (Bank Perekonomian Rakyat). This is higher than BKPM Reg. 5/2025's default IDR 2.5 billion paid-up; the higher number wins.

How long does it take to register a business under KBLI 64194?

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 64194 eligible for Indonesian tax incentives?

Not on the Tax Holiday or Tax Allowance priority lists. KBLI 64194 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 64194 license?

Authority depends on the investor profile. For PMA: Minister/Head of Agency (BKPM/OSS). 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 64194 need?

Beyond the NIB, no specific auxiliary permits (PB UMKU) are recorded for KBLI 64194. Sector-specific obligations may still apply — verify with the relevant ministry.

What KBLI codes are similar to 64194?

KBLIs in the same subgroup 6419: 64191 (Credit Provision Activities by Conventional Cooperatives); 64192 (Credit Provision Activities by Syariah Cooperatives); 64193 (Non-Banking Conventional Microfinance); 64199 (Other Monetary Intermediaries N.E.C.). These are closely related activities — see the related-codes section below for full list.

KBLI 2025 · 5-digit class

64194Non-Banking Sharia Microfinance

PEMBIAYAAN MIKRO SYARIAH NONPERBANKAN

Last updated May 16, 2026 · Sourced from OSS Indonesia

Non-banking Islamic microfinance activities which are entirely organized based on Islamic principles include business development and community empowerment services, both through financing for micro-scale businesses to members and the community, savings management, and providing business development consulting services.

KBLI 64194 at a glance

Citation-ready summary

KBLI code: 64194
Taxonomy version: KBLI 2025
Activity (English): Non-Banking Sharia Microfinance
Activity (Indonesian): PEMBIAYAAN MIKRO SYARIAH NONPERBANKAN
Category: Financial and Insurance Activities
Risk level (Large scale, PMA): None recorded
Foreign ownership status

Limited regulatory data

OSS has not published a regulatory profile for KBLI 64194 yet

This is a new KBLI 2025 code. Indonesia's OSS portal still operates on KBLI 2020 and there is no automatic mapping to a 2020 predecessor for this activity. The risk level, permits, and obligations have not been finalised in the public OSS database.

The absence of data is not evidence the activity is unregulated.

Many of Indonesia's most heavily regulated activities — including construction of military facilities, airports, defence equipment, banking infrastructure, hospital facilities, and critical utilities — are subject to substantial extra-OSS licensing through sector ministries (Defence, Transport, Health, OJK, Bank Indonesia). The OSS Standard Certificate or Operating License is just one layer.

What likely applies even without OSS data

·NIB registration (we obtain through OSS — universal, instant)
·Sector-specific operating license — see industry guidance below
·PT PMA paid-up capital IDR 2.5 billion (~USD 160K) at incorporation, plus IDR 10 billion+ total investment commitment per KBLI realised over time (BKPM Reg. 5/2025)
·Quarterly LKPM reporting to BKPM (we file on your behalf as part of compliance)
·Financial services: OJK or Bank Indonesia authorization, well above OSS NIB

§ 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 · Unverified

Foreign investment status not yet verifiable

Indonesia's BUPM Investment Business Fields list (Pres. Reg. 10/2021) is published against KBLI 2020 codes. KBLI 64194 is a new KBLI 2025 entry without a recorded 2020 predecessor, so the absence of this code from the closed / conditional / SME-reserved / partnership lists does not prove the activity is open to foreign investment. We can secure written confirmation from BKPM and the sector ministry on your specific business plan before any incorporation step.

Indonesia's BUPM Investment Business Fields list (Pres. Reg. 10/2021) was published against KBLI 2020 codes. Because KBLI 64194 is a brand-new KBLI 2025 entry without a recorded 2020 predecessor, we cannot confirm whether this activity is open, restricted, or reserved. Talk to us before incorporating — we'll get a written confirmation of eligibility from BKPM and the sector ministry.

Sector capital requirement

Higher minimum capital required by OJK

Other monetary intermediation (BPR / BPRS)

Required paid-up

IDR 50-100 billion depending on zone

Regulation

POJK 26/2024 (Bank Perekonomian Rakyat)

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

Financial 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.

PMA realized

IDR 11.2t≈ USD 0.70b

+7.8% YoY

Top investing countries

Singapore32%

Japan22%

Malaysia16%

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.

§ 02

Financial services-specific guidance

Sector context that applies to KBLI 64194 beyond the generic OSS process. Verify with the relevant ministry before committing capital.

Lead regulator

Financial Services Authority (OJK) / Bank Indonesia

·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.

§ 03

What is KBLI 64194?

A plain-English explanation of this classification and the businesses it covers.

KBLI 64194 (PEMBIAYAAN MIKRO SYARIAH NONPERBANKAN) is the 5-digit Indonesian Standard Industrial Classification code for non-banking sharia microfinance. It sits within under the subgroup (major group ) in the official KBLI 2025 taxonomy maintained by Statistics Indonesia (BPS).

Who needs KBLI 64194?

Any Indonesian or foreign-owned entity that intends to operate in non-banking sharia microfinance 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.

§ 05

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.

New code introduced in KBLI 2025

KBLI 64194 did not exist in the previous (KBLI 2020) taxonomy — it was added in the 2025 release to capture an activity that was previously bundled with another code or had no dedicated classification.

·Not yet usable for OSS registration. OSS, BKPM and operating ministries still operate on KBLI 2020 — this code isn't selectable in OSS until the cutover.
·For current registrations covering this activity, we identify the closest KBLI 2020 code that matches your business and register under that. When KBLI 2025 goes live we'll migrate your entity to 64194.
·The migration is a procedural update — no re-registration, no operational interruption. We handle it as part of ongoing compliance.

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 specialist

§ 08

Common questions about KBLI 64194

What is KBLI 64194?

KBLI 64194 (PEMBIAYAAN MIKRO SYARIAH NONPERBANKAN) is the 5-digit Indonesian Standard Industrial Classification code for non-banking sharia microfinance. It sits within the Financial and Insurance Activities category in the official KBLI 2025 taxonomy maintained by Badan Pusat Statistik (BPS).

Can foreign investors operate under KBLI 64194?

Yes — KBLI 64194 is open to foreign investment, but the licensing path runs entirely through OJK under POJK 26/2024, not OSS RBA. BKPM Reg. 5/2025's IDR 2.5 billion default does NOT apply to this code; the binding capital floor is set by OJK and is materially higher (see the capital question below).

What is the risk level of KBLI 64194?

KBLI 64194 is licensed directly by OJK under POJK 26/2024, not through the OSS RBA scale-risk matrix. The OSS-side risk level shows as 'none' because licensing happens on the OJK track instead — PT PMA registration is fully open, subject to the sector regulator's capital and licensing requirements.

Speak to Emerhub

Get an authoritative read on KBLI 64194 before committing capital.

This is a new KBLI 2025 code that OSS hasn't fully adopted yet. Licensing depends on sector-by-sector confirmation with the ministry and BKPM — we'll source the official position before you incorporate, saving months of false starts.

Confirm the licensing path

KBLI 64194 at a glance

OSS has not published a regulatory profile for KBLI 64194 yet

The absence of data is not evidence the activity is unregulated.

Foreign investment rules

Foreign investment status not yet verifiable

Higher minimum capital required by OJK

Financial services sector — Q3 2025

Financial services-specific guidance

What is KBLI 64194?

Who needs KBLI 64194?

Why does the code matter?

Under the upcoming KBLI 2025

New code introduced in KBLI 2025

Related codes in Other Monetary Intermediaries

Common questions about KBLI 64194

What is KBLI 64194?

Can foreign investors operate under KBLI 64194?

What is the risk level of KBLI 64194?

Get an authoritative read on KBLI 64194 before committing capital.

OSS has not published a regulatory profile for KBLI 64194 yet

The absence of data is not evidence the activity is unregulated.

Foreign investment rules

Foreign investment status not yet verifiable

Higher minimum capital required by OJK

Financial services sector — Q3 2025

Financial services-specific guidance

What is KBLI 64194?

Who needs KBLI 64194?

Why does the code matter?

Under the upcoming KBLI 2025

New code introduced in KBLI 2025

Related codes in Other Monetary Intermediaries

Common questions about KBLI 64194

What is KBLI 64194?

Can foreign investors operate under KBLI 64194?

What is the risk level of KBLI 64194?

Get an authoritative read on KBLI 64194 before committing capital.

What licenses does KBLI 64194 require?

What is the minimum capital for a PT PMA under KBLI 64194?

How long does it take to register a business under KBLI 64194?

Is KBLI 64194 eligible for Indonesian tax incentives?

Which authority issues the KBLI 64194 license?

What other permits beyond the NIB does KBLI 64194 need?

What KBLI codes are similar to 64194?