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KBLI Navigator/Section K/66309
KBLI 66309

Other Fund Management

Aktivitas Manajemen Dana Lainnya

🏦 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 RiskRenumbered🏝️🚫Closed in Bali (2026 moratorium)

This covers professional portfolio and fund management services on a fee or contract basis, focusing on managing mutual funds (reksadana) and similar pooled investment vehicles—separate from conventional investment funds or pension fund management.

What Changed

KBLI 2020→2025 mapping: codice rinumerato.

What You Need

Nationally, this activity is fully open to 100% foreign ownership (PMA). However, Bali has a local moratorium currently blocking all PMA registrations for this KBLI due to its lower risk classification; the block remains in place as of the reference moratorium period (since 13 May 2026). You cannot set up a foreign-owned company for this activity in Bali right now.

Who This Is For

Foreign fund managers or asset management professionals wanting to obtain a local Indonesian license to manage mutual funds or similar collective investment schemes.

Licensing Overview
Risk LevelMenengah Rendah
License TypeNIB dan Sertifikat Standar
Foreign Ownership100% Open
ProcessingInstant
2020 → 2025
Previous codes (KBLI 2020): 66390— PP28 usa codice KBLI 2020 66390 (Aktivitas Manajemen Dana Lainn...). Match: 100%
Common Questions
Can foreigners operate a other fund management business in Indonesia?
Nationally yes — but NOT in Bali. KBLI 66309 (Aktivitas Manajemen Dana Lainnya) 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 66309?
KBLI 66309 has a Menengah Rendah risk classification. Required license: NIB dan Sertifikat Standar. Processing time: Otomatis.
What is KBLI 66309?
KBLI 66309 is the Indonesian business classification code for "Aktivitas Manajemen Dana Lainnya" (Other Fund Management). 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 66309 change from KBLI 2020 to 2025?
KBLI 66309 was mapped from previous code 66390 (KBLI 2020). PP28 usa codice KBLI 2020 66390 (Aktivitas Manajemen Dana Lainn...). Match: 100% The code was renumbered but the business activity scope is essentially unchanged. 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

66303Section K

Commodity Futures Fund Management

Manajemen Investasi di Perdagangan Berjangka Komoditas

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66302Section K

Sharia Investment Management

Manajemen Investasi Syariah di Pasar Keuangan

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66301Section K★

Conventional Investment Management

Manajemen Investasi Konvensional di Pasar Keuangan

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66299Section K

Other Insurance & Pension Support Services

Aktivitas Penunjang Lainnya untuk Asuransi, Penjamian, dan Dana Pensiun Ytdl

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66292Section K

Insurance & Pension Fund Supervision

Aktivitas Pengawasan Jasa Keuangan Asuransi dan Dana Pensiun

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk
66291Section K

Actuarial Advisory

Aktivitas Advisori Aktuaria

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

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