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Consumer finance leasing company
KBLI 64992★ Gold-Tier Intel

Aktivitas Modal Ventura Syariah

Aktivitas Modal Ventura Syariah

🏦 Section K — Financial & Insurance Activities

✅Open· 100% ForeignLow RiskDirect Match

Perusahaan Pembiayaan (multifinance company) — a non-bank financial institution that provides financing for: vehicle purchases (motor credit, car leasing), consumer goods, working capital for SMEs, property down payments, and factoring/receivables purchasing. Unlike a bank, a multifinance company cannot accept public deposits — it funds its portfolio from equity capital and bond issuance. Unlike P2P lending, it uses its own capital to extend credit (not matching borrowers with lenders). **Maximum foreign ownership: 85%** under OJK regulation (15% must be Indonesian). OJK governs under POJK 35/2018 (Penyelenggaraan Usaha Perusahaan Pembiayaan).

Licensing & Requirements

What You Need

Risk LevelLow (Rendah)
License TypeNIB
ProcessingOtomatis
Foreign Ownership100% Open
AuthorityBKPM / OSS
PP28/2025 Licensing Data1 scale
Mikro, Kecil, Menengah, BesarLow RiskNIB⏱ OtomatisFiktif Positif
Post-License Obligations1
Menyampaikan LKPM melalui Sistem OSS per triwulan

PHASE 1 — OSS / NIB (7 working days)

PHASE 2 — OJK Multifinance License (POJK 35/2018) — 6–12 months

1
Application to OJK— Departemen Pengawasan IKNB I
2
Minimum paid-up capital: IDR 100 miliar— fully paid up at time of OJK application; largest minimum capital requirement in this session's codes
3
Shareholders fit & proper test— OJK vets all shareholders owning ≥ 25% and all directors/commissioners
4
Business plan— 5-year financial projections; portfolio composition (pembiayaan investasi, modal kerja, multiguna — each requires separate OJK approval of activities)
5
IT infrastructure assessment— OJK reviews loan origination system, credit scoring methodology, collections system
6
Capital adequacy ratio: OJK minimum gearing ratio (ratio modal terhadap pembiayaan)— typically multifinance must maintain minimum capital adequacy per POJK 35/2018
7
OJK Izin Usaha— issued after all stages pass
8
Product-specific approvals— each financing activity type (vehicle, property, multiguna) requires separate OJK product registration

Step-by-step for PT PMA multifinance

1
Establish PT PMA— 85% foreign max, 15% Indonesian; notary deed, AHU (~4–6 weeks)
2
Capital injection— IDR 100 miliar fully paid up into Indonesian bank account (note: this is 4x larger than P2P lending requirement)
3
NIB via OSS— 64992, 7 working days
4
OJK license application— full dossier submission including business plan, credit policy, risk management framework, collections policy, IT system documentation
5
OJK review and assessment— includes site visit to office, interview with directors
6
OJK Izin Usaha— issued (~6–12 months from application)
7
First financing transaction— can commence immediately after Izin Usaha
8
OJK ongoing reporting— monthly financial reports; quarterly asset quality reports; annual audited financial statements

Permitted financing activities (must be specified in OJK application)

Minimum total capital

Maximum foreign ownership
2020 → 2025

Direct match from KBLI 2020 (MATCH_LANGSUNG). Key regulatory development: **OJK POJK 35/2018** (replacing POJK 29/2014) tightened capital adequacy requirements, added stronger consumer protection provisions, and introduced the distinction between pembiayaan investasi, modal kerja, and multiguna. Post-2022, OJK has increased scrutiny of multifinance NPL ratios following elevated defaults in motorcycle financing. OJK also imposed tighter debt-to-equity gearing limits (Net Gearing Ratio maximum 10x paid-up capital).

Bali Intelligence

Foreign Workers

TKA Eligible Positions

Kepmenaker 228/2019 — Category 9: Jasa Keuangan dan Asuransi

45 in category
1211Chief Financial OfficerKepala Keuangan
1211Credit DirectorDirektur Kredit
2413Risk ManagerManajer Risiko
2413Credit AnalystAnalis Kredit
2412Compliance OfficerPejabat Kepatuhan
1211Collections ManagerManajer Penagihan
2413Financial AnalystAnalis Keuangan

Kepmen 228/2019 lists 45 TKA-eligible positions in the financial services category. OJK Fit & Proper test applies to all directors, commissioners, and shareholders owning ≥ 25%.

KEDUA Provision — Directors & Commissioners Exemption
Directors and Commissioners who do NOT manage personalia can work without being listed in the jabatan.
Complementary Codes

Related Codes

64910Section K

Aktivitas Sewa Guna Usaha Finansial

Aktivitas Sewa Guna Usaha Finansial

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✅Open· 100% ForeignLow Risk
64920Section K

Aktivitas Pembiayaan Perdagangan Internasional

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✅Open· 100% ForeignLow Risk
64930Section K

Aktivitas Anjak Piutang

Aktivitas Anjak Piutang

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✅Open· 100% ForeignLow Risk
64940Section K

Aktivitas Sekuritisasi

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✅Open· 100% ForeignLow Risk
64951Section K

Pembiayaan Infrastruktur Konvensional

Pembiayaan Infrastruktur Konvensional

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✅Open· 100% ForeignHigh Risk
64952Section K

Pembiayaan Infrastruktur Syariah

Pembiayaan Infrastruktur Syariah

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✅Open· 100% ForeignHigh Risk
Zantara AIOSS Intelligence System
Context64992
Multifinance company in Bali — vehicle leasing, villa developer bridging, or UMKM working capital? 64992 is the code: 85% max foreign, OJK license required, IDR 100B minimum capital (the highest in the fintech/finance sector). The Bali tourism fleet leasing and hospitality supply chain factoring niches are genuinely underserved. Let me walk you through the OJK process and what IDR 100B actually buys you.