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KBLI Navigator/Section K/66124
KBLI 66124

Money & Forex Market Brokerage

Kepialangan Pasar Uang dan Pasar Valuta Asing

🏦 Section K — Financial & Insurance Activities

In Bali: a PT PMA cannot register this code

National procedure — does not apply to a PT PMA in Bali

In Bali this activity is reserved for MSMEs; a PT PMA (large enterprise) cannot register it. The national procedure below applies only to non-PMA operators.

✅Open· 100% nat'l · blocked in BaliMedium-Low RiskDirect Match🏝️🚫Closed in Bali (2026 moratorium)

This covers brokering transactions in the money market and foreign exchange market on behalf of clients, acting as a licensed intermediary for currency trading and short-term debt instruments.

What Changed

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

What You Need

Nationally, foreign ownership is fully allowed at 100%, but in Bali this activity is currently blocked for PMA companies. The moratorium on low/medium-low risk classes prevents a foreign-owned entity from obtaining the necessary business license here, making Bali off-limits for now.

Who This Is For

This is for foreign entrepreneurs with a strong financial services background looking to run a forex or money market brokerage, provided they are prepared to set up outside Bali.

Licensing Overview
Risk LevelMenengah Rendah
License TypeNIB dan Sertifikat Standar
Foreign Ownership100% Open
ProcessingInstant
2020 → 2025
Previous codes (KBLI 2020): 66124
Common Questions
Can foreigners operate a money & forex market brokerage business in Indonesia?
Nationally yes — but NOT in Bali. KBLI 66124 (Kepialangan Pasar Uang dan Pasar Valuta Asing) is TERBUKA (100% foreign ownership) at the national level, but a PT PMA currently cannot register it in Bali (reserved for UMKM / 2026 moratorium). Nationally TERBUKA but the Besar scale is 'Menengah Rendah' -> blocked by the Bali PMA moratorium (Gov. letter B.27.000/642, 13 May 2026: all Rendah/Menengah Rendah blocked for a Bali address). [NB-3 28 June 2026] Outside Bali it is open to a PT PMA with no local partner required.
What license is required for KBLI 66124?
KBLI 66124 has a Menengah Rendah risk classification. Required license: NIB dan Sertifikat Standar. Processing time: Otomatis.
What is KBLI 66124?
KBLI 66124 is the Indonesian business classification code for "Kepialangan Pasar Uang dan Pasar Valuta Asing" (Money & Forex Market Brokerage). 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 66124 change from KBLI 2020 to 2025?
KBLI 66124 was mapped from previous code 66124 (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.

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66125Section K★

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🏢

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