KBLI 65204

Sharia Re-Guarantee

Penjaminan Ulang Syariah

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignHigh RiskNew in 2025Registrable in Bali· medium conf.

This KBLI covers the activity of Sharia-compliant re-guarantee (reinsurance for guarantees). It means providing financial backing to other Sharia guarantee companies for their own obligations, all structured under Islamic finance principles.

What Changed

KBLI 2020→2025 mapping: bps only.

What You Need

Nationally, this is fully open to 100% foreign ownership. In Bali, the activity is classified as medium-high/high risk, so it’s not blocked by the current moratorium—but the authorities will closely verify your business address. You will need a real, physical office that meets the requirements for higher-risk licensing, not a virtual setup.

Who This Is For

This is for foreign entrepreneurs with deep expertise in Islamic reinsurance or guarantee instruments who plan to serve Indonesia’s Sharia financial sector.

Licensing Overview

Risk LevelTinggi

License TypeNIB + Izin

Foreign Ownership100% Open

ProcessingSesuai ketentuan OJK/BI

Common Questions

Can foreigners operate a sharia re-guarantee business in Indonesia?

Yes. KBLI 65204 (Penjaminan Ulang Syariah) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.

What license is required for KBLI 65204?

KBLI 65204 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: Sesuai ketentuan OJK/BI.

What is KBLI 65204?

KBLI 65204 is the Indonesian business classification code for "Penjaminan Ulang Syariah" (Sharia Re-Guarantee). 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

65203Section K

Conventional Re-Guarantee

Penjaminan Ulang Konvensional

→

Registrable in Bali✅Open· 100% ForeignHigh Risk

65202Section K

Sharia Reinsurance

Reasuransi Syariah

→

Registrable in Bali✅Open· 100% ForeignHigh Risk

65201Section K

Conventional Reinsurance

Reasuransi Konvensional

→

Registrable in Bali✅Open· 100% ForeignHigh Risk

65301Section K

Conventional Employer Pension Fund

Aktivitas Dana Pensiun Pemberi Kerja Konvensional

→

Registrable in Bali✅Open· 100% ForeignHigh Risk

65302Section K

Sharia Employer Pension Fund

Aktivitas Dana Pensiun Pemberi Kerja Syariah

→

Registrable in Bali✅Open· 100% ForeignHigh Risk

65303Section K

Conventional Financial Institution Pension Fund

Aktivitas Dana Pensiun Lembaga Keuangan Konvensional

→

Registrable in Bali✅Open· 100% ForeignHigh Risk

🏢

Ready to register this business?

Bali Zero handles PT PMA setup, KBLI registration, NIB, and all licensing for KBLI 65204.

PT PMA Setup

IDR 20.000.000

Company registration, KBLI, NIB, domicile

Virtual Office

IDR 5.000.000

Legal address for your PT PMA in Bali

5,000+ companies registered since 2020

Get started on WhatsApp

KBLI 65204

Sharia Re-Guarantee

Penjaminan Ulang Syariah

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignHigh RiskNew in 2025Registrable in Bali· medium conf.

What Changed

KBLI 2020→2025 mapping: bps only.

What You Need

Who This Is For

This is for foreign entrepreneurs with deep expertise in Islamic reinsurance or guarantee instruments who plan to serve Indonesia’s Sharia financial sector.

Licensing Overview

Risk LevelTinggi

License TypeNIB + Izin

Foreign Ownership100% Open

ProcessingSesuai ketentuan OJK/BI

Common Questions

Can foreigners operate a sharia re-guarantee business in Indonesia?

Yes. KBLI 65204 (Penjaminan Ulang Syariah) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.

What license is required for KBLI 65204?

KBLI 65204 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: Sesuai ketentuan OJK/BI.

What is KBLI 65204?