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KBLI Navigator/Section G/47734
KBLI 47734

Watch Retail

Perdagangan Eceran Jam

🛒 Section G — Wholesale & Retail Trade

In Bali: a PT PMA cannot register this code

National procedure — does not apply to a PT PMA in Bali

In Bali this activity is reserved for MSMEs; a PT PMA (large enterprise) cannot register it. The national procedure below applies only to non-PMA operators.

✅Open· 100% nat'l · blocked in BaliLow RiskAggregated🏝️🚫Blocked in Bali (risk-class moratorium)· medium conf.

This covers the retail sale of all kinds of timepieces—wristwatches, pocket watches, wall clocks, alarm clocks, bells, and their parts or components. Essentially, if you sell watches, clocks, or even just spare straps and movements directly to end customers, this is your KBLI.

What Changed

KBLI 2020→2025 mapping: match con aggregazione.

What You Need

Nationally, this activity is fully open to 100% foreign ownership (PMA). In Bali, however, it is currently blocked for PMA companies due to a regional moratorium that suspends new foreign investment in low/medium-low risk business lines—this freeze is in effect since 13 May 2026.
Licensing Overview
Risk LevelRendah
License TypeNIB
Foreign Ownership100% Open
ProcessingInstant
2020 → 2025
Previous codes (KBLI 2020): 47734, 47739, 47737, 47736
🛍
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KBLI 2025 Retail & E-Commerce: Online Selling, Boutiques & Specialty Shops

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Common Questions
Can foreigners operate a watch retail business in Indonesia?
Nationally yes — but NOT in Bali. KBLI 47734 (Perdagangan Eceran Jam) is TERBUKA (100% foreign ownership) at the national level, but a PT PMA currently cannot register it in Bali (reserved for UMKM / 2026 moratorium). OSS risk at scale Besar is Rendah/Menengah-Rendah on every scope → blocked by Bali moratorium 13 May 2026 Outside Bali it is open to a PT PMA with no local partner required.
What license is required for KBLI 47734?
KBLI 47734 has a Rendah risk classification. Required license: NIB. Processing time: Otomatis.
What is KBLI 47734?
KBLI 47734 is the Indonesian business classification code for "Perdagangan Eceran Jam" (Watch Retail). It falls under Section G of KBLI 2025, the Indonesian Standard Industrial Classification updated by BPS (Regulation 7/2025). The June 2026 KBLI 2025 transition window has closed; operators should verify the code's current OSS/NIB treatment before relying on it for licensing, reporting, or amendments.
How did KBLI 47734 change from KBLI 2020 to 2025?
KBLI 47734 was mapped from previous codes 47734, 47739, 47737, 47736 (KBLI 2020). Multiple 2020 codes were merged into this single 2025 code. The June 2026 KBLI 2025 transition window has closed. If an NIB still relies on legacy KBLI 2020 mappings, treat the migration as overdue and verify/remediate the OSS record before new license applications, amendments, LKPM, import approvals, or investor/worker sponsorship.

Related Codes

47735Section G★

Jewellery Retail

Perdagangan Eceran Barang Perhiasan

→
🏝️🚫Blocked in Bali (risk-class moratorium)✅Open· 100% nat'l · blocked in BaliLow Risk
47733Section G★

Eyewear Retail

Perdagangan Eceran Kacamata

→
🏝️🚫Blocked in Bali (risk-class moratorium)✅Open· 100% nat'l · blocked in BaliLow Risk
47741Section G

Retail Used Household Furnishings

Perdagangan Eceran Perlengkapan Rumah Tangga Bekas

→
🏝️🚫Blocked in Bali (risk-class moratorium)✅Open· 100% nat'l · blocked in BaliLow Risk
47732Section G

Retail Optical Instruments

Perdagangan Eceran Alat Optik dan Perlengkapannya

→
🏝️🚫Blocked in Bali (risk-class moratorium)✅Open· 100% nat'l · blocked in BaliLow Risk
47742Section G

Retail Used Clothing & Footwear

Perdagangan Eceran Pakaian, Alas Kaki, dan Perlengkapan Pakaian Bekas

→
🏝️🚫Blocked in Bali (risk-class moratorium)✅Open· 100% nat'l · blocked in BaliLow Risk
47731Section G★

Retail Photographic Equipment

Perdagangan Eceran Alat Fotografi dan Perlengkapannya

→
🏝️🚫Blocked in Bali (risk-class moratorium)✅Open· 100% nat'l · blocked in BaliLow Risk
🏢

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