What license is required for KBLI 66121?

KBLI 66121 has a Menengah Rendah risk classification. Required license: NIB dan Sertifikat Standar. Processing time: Otomatis.

KBLI 66121 is the Indonesian business classification code for "Kepialangan Efek Selain Unit Karbon" (Kepialangan Efek Selain Unit Karbon). It falls under Section K of KBLI 2025, the Indonesian Standard Industrial Classification updated by BPS (Regulation 7/2025), effective June 18, 2026.

How did KBLI 66121 change from KBLI 2020 to 2025?

KBLI 66121 was mapped from previous code 66121 (KBLI 2020). All businesses must migrate to KBLI 2025 by June 18, 2026 per BPS Regulation 7/2025.

Securities brokerage services facilitating stock and bond trading

KBLI 66121

Kepialangan Efek Selain Unit Karbon

Q: Can foreigners operate a kepialangan efek selain unit karbon business in Indonesia?

Yes. KBLI 66121 (Kepialangan Efek Selain Unit Karbon) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.

🏦 Section K — Financial & Insurance Activities

✅Open· 100% ForeignMedium-Low RiskDirect Match

Kelompok ini mencakup kegiatan pihak yang melakukan transaksi efek untuk pihak lain atau nasabahnya, termasuk aktivitas perantaraan pedagang efek yang khusus didirikan di suatu wilayah tertentu. Kelompok ini tidak mencakup - perdagangan instrumen keuangan atas nama sendiri (selain unit

Licensing Overview

Risk LevelMenengah Rendah

License TypeNIB dan Sertifikat Standar

Foreign Ownership100% Open

ProcessingOtomatis

2020 → 2025

Previous codes: 66121

Common Questions

Can foreigners operate a kepialangan efek selain unit karbon business in Indonesia?

Yes. KBLI 66121 (Kepialangan Efek Selain Unit Karbon) is classified as TERBUKA — open to 100% foreign ownership through a PT PMA company. You do not need a local Indonesian partner.

What license do I need for KBLI 66121?

KBLI 66121 has a Menengah Rendah risk classification. You need: NIB dan Sertifikat Standar. Processing time: Otomatis.

How did KBLI 66121 change from 2020 to 2025?

KBLI 66121 was mapped from previous code: 66121 (KBLI 2020). This is a direct match — the code number and scope remained the same. All businesses must migrate to KBLI 2025 by June 18, 2026 (BPS Regulation 7/2025).

Related Codes

66111Section K

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