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KBLI Navigator/Section K/65123
KBLI 65123

Deposit & Policy Guarantee Scheme

Aktivitas Penjaminan Simpanan dan Asuransi

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignNew in 2025🏝️✅Registrable in Bali· medium conf.

This activity covers guaranteeing financial protection for bank deposits and insurance policy claims. It operates like a deposit insurance or policyholder protection scheme, funded by regular contributions from the participating financial institutions.

What Changed

KBLI 2020→2025 mapping: bps only.

What You Need

Foreign ownership is allowed up to 100% nationally, and Bali’s moratorium does not block this KBLI. However, it is classified as medium-high to high risk, so a PMA can register it but must verify the business address carefully and expect additional regulatory scrutiny, likely needing approval from OJK and compliance with specific location requirements.

Who This Is For

A foreign entrepreneur planning to establish a financial guarantee institution such as a deposit insurer, with strong capital backing and readiness to navigate high-risk financial services regulation in Bali.

Common Questions
Can foreigners operate a deposit & policy guarantee scheme business in Indonesia?
Yes. KBLI 65123 (Aktivitas Penjaminan Simpanan dan Asuransi) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.
What license is required for KBLI 65123?
KBLI 65123 sits outside the ordinary OSS-RBA risk-based licensing flow: OSS publishes no business-scale licensing rows for it. Activities in this group are typically licensed under a special or sectoral regime (e.g. government affairs, financial services under OJK/BI, education or health authorities) — verify the applicable regulator case-by-case before relying on an NIB alone.
What is KBLI 65123?
KBLI 65123 is the Indonesian business classification code for "Aktivitas Penjaminan Simpanan dan Asuransi" (Deposit & Policy Guarantee Scheme). It falls under Section K 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.

Related Codes

65131Section K

Conventional Guarantee Services

Penjaminan Konvensional

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
65122Section K

Sharia General Insurance

Asuransi Umum Syariah

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
65132Section K

Sharia Guarantee Services

Penjaminan Syariah

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
65121Section K★

Conventional General Insurance

Asuransi Umum Konvensional

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
65112Section K

Sharia Life Insurance

Asuransi Jiwa Syariah

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
65111Section K

Conventional Life Insurance

Asuransi Jiwa Konvensional

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
🏢

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