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KBLI Navigator/Section K/66199
KBLI 66199★ Gold-Tier Intel

Other Non-Insurance Financial Support Services

Aktivitas Penunjang Jasa Keuangan Lainnya Ytdl, Kecuali Asuransi dan Dana Pensiun

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

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

Other financial services not elsewhere classified — the catch-all for financial activities outside the specific banking, insurance, and capital markets codes. This code covers a wide range of activities, each with its own regulator: payment gateways, e-money issuers, money changers (KUPVA), forex brokers, guarantee companies, financial leasing (non-bank), and other financial intermediaries. **Critical: the regulatory authority and licensing requirements depend entirely on which sub-activity you operate — OJK, Bank Indonesia (BI), or both.** Do not assume one regulator covers all activities under this code.

Licensing & Requirements

What You Need

Risk LevelHigh (Tinggi)
License TypeNIB + Izin
ProcessingSesuai ketentuan OJK/BI
Foreign Ownership100% Open
AuthorityBKPM / OSS
PP28/2025 Licensing Data16 scales
Business scale:
MikroHigh RiskNIB + Izin⏱ Sesuai ketentuan OJK/BI
Requirements (Indonesian)2
1Lembaga OSS hanya menerbitkan NIB. Permohonan Surat Tanda Terdaftar (STTD) diajukan oleh Pelaku Usaha ke, diterbitkan oleh, serta dengan memenuhi persyaratan yang ditetapkan oleh, Otoritas Jasa Keuangan (OJK) sesuai ketentuan perundangan.
2Lembaga OSS hanya menerbitkan NIB. Permohonan Surat Tanda Terdaftar (STTD) diajukan oleh Pelaku Usaha ke, diterbitkan oleh, serta dengan memenuhi persyaratan yang ditetapkan oleh, Otoritas Jasa Keuangan (OJK) sesuai ketentuan perundangan.
Post-License Obligations2
Memenuhi kewajiban yang ditetapkan oleh Otoritas Jasa Keuangan (OJK) sesuai ketentuan perundangan
Memenuhi kewajiban yang ditetapkan oleh Otoritas Jasa Keuangan (OJK) sesuai ketentuan perundangan

SUB-ACTIVITY MATRIX — choose your activity and its regulator

Step-by-step for PT PMA payment gateway (Activity A — most common PMA path)

1
Company incorporation— PT PMDN / CV / Perorangan (local, WNI) — notary deed, AHU registration
2
NIB via OSS— select 66199, Menengah Tinggi; 7 working days
3
BI PJSP license application— submit to BI Departemen Kebijakan Sistem Pembayaran; dossier includes business plan, IT architecture, data security audit, AML/CFT policy, escrow bank agreements
4
Technology audit— BI's IT assessors review platform; must meet PCI-DSS standards for card processing
5
Minimum capital injection— into Indonesian bank account
6
BI approval + Izin PJSP— issued after all assessments pass (6–12 months)
7
Integration with National Payment Gateway— SNAP (Standar Nasional Open API Pembayaran) compliance required
8
Commence operations
PMA foreign ownership
2020 → 2025

Code 66199 was updated in KBLI 2025 to reflect the broader digital financial services landscape that emerged post-2020. The most significant regulatory development: **Bank Indonesia's PBI 23/6/PBI/2021** restructured the entire payment system licensing framework, replacing the previous PJSP categories; KUPVA regulation was also updated. OJK and BI have increasingly clear demarcation of jurisdiction since the OJK Act amendment (UU 4/2023 — Penguatan dan Pengembangan Sektor Keuangan / P2SK Law), which transferred certain BI supervisory functions to OJK.

Bali Intelligence

Foreign Workers

TKA Eligible Positions

Kepmenaker 228/2019 — Category 9: Jasa Keuangan dan Asuransi

45 in category
1211Chief Financial OfficerKepala Keuangan
2412Compliance OfficerPejabat Kepatuhan
2413Payment Systems SpecialistSpesialis Sistem Pembayaran
2413Risk ManagerManajer Risiko
2529IT Security SpecialistSpesialis Keamanan IT
2413Financial AnalystAnalis Keuangan

Kepmen 228/2019 lists 45 TKA-eligible positions in the financial services category. Sub-activity determines which regulator (OJK or BI) conducts Fit & Proper tests.

KEDUA Provision — Directors & Commissioners Exemption
Directors and Commissioners who do NOT manage personalia can work without being listed in the jabatan.
Complementary Codes
Common Questions
Can foreigners operate a other non-insurance financial support services business in Indonesia?
Yes. KBLI 66199 (Aktivitas Penunjang Jasa Keuangan Lainnya Ytdl, Kecuali Asuransi dan Dana Pensiun) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.
What license is required for KBLI 66199?
KBLI 66199 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: Sesuai ketentuan OJK/BI.
What is KBLI 66199?
KBLI 66199 is the Indonesian business classification code for "Aktivitas Penunjang Jasa Keuangan Lainnya Ytdl, Kecuali Asuransi dan Dana Pensiun" (Other Non-Insurance Financial Support Services). 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 66199 change from KBLI 2020 to 2025?
KBLI 66199 was mapped from previous code 66199 (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

66198Section K

MSME & Cooperative Rating

Pemeringkatan Usaha Mikro, Kecil, Menengah, dan Koperasi

→
🏝️⚠️Conditional in Bali — depends on declared scope✅Open· 100% ForeignHigh Risk
66197Section K

Money & Forex Market Support Services

Aktivitas Pendukung di Pasar Uang dan Pasar Valuta Asing

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66196Section K

Securities Underwriting

Penjaminan Emisi Efek (underwriter)

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66195Section K

Investor Protection Fund

Penyelenggaraan Dana Perlindungan Pemodal

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66194Section K

Securities Price Valuation

Penilaian Harga Efek

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66193Section K

Securities Rating

Pemeringkatan Efek

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

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Context66199
Other financial services — payment gateway, e-money, money changer, or forex? 66199 is one code but there are three regulators: Bank Indonesia for payments and e-money, OJK for guarantees and forex, Bappebti for derivatives. Let me show you which license you actually need and what the timeline looks like for each.