Investment Procedure : Indonesia Standard Industrial Classification and Negative Investment List

INDONESIA STANDARD INDUSTRIAL CLASSIFICATION AND NEGATIVE INVESTMENT LIST

INDONESIA STANDARD INDUSTRIAL CLASSIFICATION

Indonesia Standard Industrial Classification (Klasifikasi Baku Lapangan Usaha Indonesia or KBLI) is one of the standard classification published by the Badan Pusat Statistik (BPS) for economic activities. In line with increasingly diverse and detailed of the economic activities development, it is necessary to improve KBLI. In 2015, BPS consummation KBLI through discussion with the working units and related agencies, as well as intensify the socialization of KBLI in the scope of internal and external BPS.

KBLI 2015 is a refinement of KBLI 2009 Prints III, so KBLI 2015 still refers to the International Standard Industrial Classification of All Economic Activities (ISIC) Rev. 4 published by the United Nations of Statistical Division (UNSD) in 2008 up to the level of 4 digits. At the 5-digit level, KBLI 2015 adapted to the conditions of economic activity in Indonesia.

NEGATIVE INVESTMENT LIST

In the effort to increase investment in Indonesia and to execute the ASEAN Economic Community (AEC), the Government of Indonesia had done amendments to the provision list of business fields closed and open with certain requirements in the field of investment (Investment Negative List /DNI).

These amendments are stipulated in Presidential Decree (Perpres) Number 44 Year 2016 on List of Business Fields Closed and Business Fields Open with Conditions to Investment, that was signed by President Joko Widodo on May 12, 2016. The new decree are meant to substitute the previous decree, Presidential Decree Number 39 Year 2014.

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