Bali Zero
  • Home
  • Visa
  • Tax
  • Property
Menu
  • Home
  • Visa
  • Tax
  • Property
Get StartedLogin
WhatsApp
KBLI Navigator/Section K/66114
KBLI 66114

Alternative-Market Derivatives Trading

Penyelenggaraan Perdagangan Kontrak Derivatif di Pasar Alternatif

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignHigh RiskDirect Match🏝️✅Registrable in Bali· medium conf.

This covers the buying and selling of derivative contracts (excluding futures and sharia-compliant derivatives) executed on an alternative trading system, where you trade for your own account rather than as a broker for others. Think of it as operating a proprietary trading desk for non-standard derivatives outside the main exchange.

What Changed

Direct 1:1 match from KBLI 2020 — code and scope unchanged.

What You Need

Nationally, this activity is open to 100% foreign ownership. In Bali, the island-wide moratorium (in force since 13 May 2026) only halts PMA registrations for Low and Medium-Low risk lines — this KBLI's large-scale (Besar) risk class is higher, so it is not caught: PMA registration in Bali remains possible.

Who This Is For

A foreign entrepreneur who wants to run a proprietary derivative trading operation on alternative platforms, but who is not in a rush to set up in Bali specifically.

Licensing Overview
Risk LevelTinggi
License TypeNIB + Izin
Foreign Ownership100% Open
Processing3 working days
2020 → 2025
Previous codes (KBLI 2020): 66114
Common Questions
Can foreigners operate a alternative-market derivatives trading business in Indonesia?
Yes. KBLI 66114 (Penyelenggaraan Perdagangan Kontrak Derivatif di Pasar Alternatif) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.
What license is required for KBLI 66114?
KBLI 66114 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: 3.
What is KBLI 66114?
KBLI 66114 is the Indonesian business classification code for "Penyelenggaraan Perdagangan Kontrak Derivatif di Pasar Alternatif" (Alternative-Market Derivatives Trading). 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.
How did KBLI 66114 change from KBLI 2020 to 2025?
KBLI 66114 was mapped from previous code 66114 (KBLI 2020). This is a direct match — the code number and scope remained the same. 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

66115Section K

Money & Forex Market Trading Facility

Penyelenggaraan Sarana Transaksi di Pasar Uang dan Pasar Valuta Asing

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66113Section K

Digital Financial Asset Exchange

Penyelenggaraan Bursa Aset Keuangan Digital

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66116Section K

Financial Services Supervision (Non-Insurance, Non-Pension)

Aktivitas Pengawasan Jasa Keuangan Selain Asuransi dan Dana Pensiun

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66112Section K

Futures Exchange

Bursa Berjangka

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66117Section K

Self-Regulatory Organization

Aktivitas Regulator Mandiri

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66111Section K

Securities Trading System Operator

Penyelenggaraan Sistem Perdagangan Efek

→
🏝️✅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 66114.

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
5k+
Clients
★ 4.9
Reviews
~15 min
Response
Talk on WhatsApp
Zantara AIOSS Intelligence System
Context66114
Ask me anything about KBLI 66114 — Alternative-Market Derivatives Trading. Licensing, PMA rules, what changed in 2025, or how it works in Bali.