66222Insurance Broker Activities
Aktivitas Pialang Asuransi
This group includes consulting and/or intermediary services in the closing of insurance or sharia insurance, as well as handling the settlement of claims by acting for and on behalf of the policyholder, insured, or participant.
Key facts for KBLI 66222
The essentials a foreign investor needs to know before reading the rest of this page.
100% foreign ownership permitted via PT PMA. KBLI 66222 is not on Indonesia's closed, conditional, SME-reserved or partnership-required schedules under Pres. Reg. 10/2021.
Needs OJK approval on top of OSS KBLI 66222 requires sector approval from OJK, so the BKPM default (IDR 2.5 billion paid-up) is just the starting point — actual capital and licensing terms depend on the licence category and are set by the regulator. We confirm the exact figures before incorporation.
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.
Issuing authority for PMA: Menteri/Kepala Badan — specific to foreign-owned entities under this KBLI.
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. 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
- InstantNIB issued immediately on application
- Issuing authority
- Minister / Agency HeadFor foreign-owned (PMA) entities
- Min. paid-up capital
- IDR 2.5 B + sectorOJK approval required on top of OSS — actual capital depends on the licence
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 66222 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.
How we handle your KBLI 66222 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 66222 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 66222 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)
Per ministry scheduleNIB 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: set by ministry — 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 66222?
A plain-English explanation of this classification and the businesses it covers.
KBLI 66222 (Aktivitas Pialang Asuransi) is the 5-digit Indonesian Standard Industrial Classification code for insurance broker activities. It sits within Financial and Insurance Activities under the subgroup Insurance Agent and Broker Activities in the official KBLI 2020 taxonomy maintained by Statistics Indonesia (BPS).
Who needs KBLI 66222?
Any Indonesian or foreign-owned entity that intends to operate in insurance broker activities 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.
Auxiliary financial services-specific guidance
Sector context that applies to KBLI 66222 beyond the generic OSS process. Verify with the relevant ministry before committing capital.
- ·Payment systems (PJSP) require OJK and Bank Indonesia approval.
- ·Money changers are limited to 100% Indonesian capital.
- ·Most fintech activities require additional OJK or BI sandbox registration.
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.
Carried forward into KBLI 2025
KBLI 66222 retains the same code number and scope in the new taxonomy. The activity description, hierarchy, and intended use of the code are preserved.
- ·Continue using 66222 for current registrations under KBLI 2020.
- ·When OSS adopts KBLI 2025 (timing not yet announced), no migration is required for this code.
- ·Risk level, permits, and authority routing shown above remain in effect under both taxonomies.
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).
Kegiatan usaha jasa konsultasi dan/atau keperantaraan dalam penutupan asuransi atau asuransi syariah serta penanganan penyelesaian klaimnya dengan bertindak untuk dan atas nama pemegang polis, tertanggung, atau peserta.
Application requirements
1Documents and capabilities you must demonstrate at registration
- 01The OSS agency only issues the NIB. Business License applications are submitted by Business Actors to, issued by, and must meet the requirements set by the Financial Services Authority (OJK) in accordance with legal regulations.
Ongoing obligations
1Compliance and reporting duties throughout operation
- 01Fulfill the obligations set by the Financial Services Authority (OJK) in accordance with the provisions of the legislation.
Issuing authority
The authority that issues the license depends on your situation. Foreign investors typically fall under Minister/Head of Agency · PMA.
| Authority | Applies when |
|---|---|
| Menteri/Kepala Badan | Seluruh |
| Menteri/Kepala Badan | PMA |
Get your KBLI 66222 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 can focus on operating the business.
Get a quote for KBLI 66222