KBLI 68129★ Gold-Tier Intel

Non-Residential Real Estate (Own Property)

Aktivitas Real Estat (bangunan dan Lahan) Nonhunian Lainnya Milik Sendiri atau Sewa

🏠 Section L — Real Estate Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignMedium-High RiskRenumberedClosure proposed (Bali)

Other Non-Residential Real Estate - This covers managing or leasing commercial properties like data centers and factory spaces. It includes developing non-residential buildings for your own use or for sale, and renting out factories with or without equipment. Notably, it also explicitly covers leasing the roofs of non-residential buildings for infrastructure like solar panel installations.

Licensing & Requirements

What You Need

Risk LevelMedium-High (Menengah Tinggi)

License TypeNIB dan Sertifikat Standar

Processing3 working days

Foreign Ownership100% Open

AuthorityBKPM / OSS

PP28/2025 Licensing Data1 scale

Mikro, Kecil, Menengah, BesarMedium-High RiskNIB dan Sertifikat Standar⏱ 3 HariFiktif Positif

Requirements (Indonesian)2

1Badan usaha berbentuk badan hukum yang didirikan dan berkedudukan dalam wilayah hukum Negara Kesatuan Republik Indonesia

2Daftar tenaga ahli yang kompeten di bidang Jasa Perantaraan Perdagangan Properti sebagai berikut: a. Seluruh Broker Properti wajib berkewarganegaraan Indonesia dengan area pekerjaan perantaraan perdagangan properti (property brokerage) b. Paling sedikit 1 (satu) orang tenaga ahli dengan area pekerjaan manajemen perantaraan perdagangan properti (management broker property) c. Dalam hal melakukan aktivitas jasa manajemen pengelolaan Properti dan konsultansi investasi Properti, wajib didukung paling sedikit 1 (satu) orang tenaga ahli dengan area pekerjaan manajemen properti dan investasi (property management and investment) Setiap tenaga ahli dilengkapi dengan: a. Salinan Sertifikat Kompetensi Kerja yang diterbitkan oleh instansi yang berwenang b. Surat pernyataan yang menyatakan bahwa tenaga ahli tidak terdaftar pada Pelaku Usaha lain yang sejenis c. Daftar Riwayat Hidup/ Curriculum Vitae

Post-License Obligations9

Memiliki perjanjian tertulis dengan pengguna jasa sesuai ketentuan peraturan perundang-undangan

Menyampaikan data dan/atau informasi sesuai dengan ketentuan peraturan perundang-undangan

Menggunakan sistem pembayaran yang berlaku secara nasional dalam setiap transaksi

Menunjukkan tanda pengenal dalam menjalankan kegiatan usaha yang paling sedikit memuat informasi sesuai dengan ketentuan peraturan perundang-undangan

Mencantumkan nomor Perizinan Berusaha P4 di tempat yang mudah terlihat pada lokasi usaha dan pada setiap kegiatan publikasi, baik media cetak, media elektronik, maupun media lainnya

Menentukan besaran/ nilai komisi sesuai ketentuan peraturan perundang-undangan

Menyampaikan laporan kegiatan usaha kepada Menteri Perdagangan

→ Submit periodic business activity reports to regulator

Menyampaikan perubahan data P4 sesuai dengan ketentuan peraturan perundang-undangan kepada Menteri Perdagangan

Dalam hal P4 melakukan aktivitas perdagangan melalui sistem elektronik wajib memenuhi ketentuan peraturan perundang-undangan di bidang perdagangan melalui sistem elektronik.

Company incorporation— PT PMDN (local) or PT PMA (foreign) — notary deed, AHU registration

NIB via OSS— register on oss.go.id, select this code, issued automatically (1–3 days)

NIB + Standard Certificate (Micro / Small / Medium / Large, Medium-High risk)— Authority: Menteri/ Kepala Badan — 3 Hari

Memiliki perjanjian tertulis dengan pengguna jasa sesuai ketentuan peraturan perundang-undangan— post-license obligation

Menyampaikan data dan/atau informasi sesuai dengan ketentuan peraturan perundang-undangan— post-license obligation

Menggunakan sistem pembayaran yang berlaku secara nasional dalam setiap transaksi— post-license obligation

Authority

PMA

2020 → 2025

Renumbered from KBLI 2020. Your OSS registration may need updating to the new code. Previous code(s): 68111.

Bali Intelligence

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Read Full Guide on Bali Zero↗

KBLI 2025 Real Estate Codes: Property Development, Management & Investment

kita.balizero.com

Foreign Workers

TKA Eligible Positions

Kepmenaker 228/2019 — Category 2: Real Estate

6 in category

1344General ManagerManajer Umum

1344Deputy General ManagerWakil Manajer Umum

1223Retail Development General ManagerManajer Umum Pengembangan Retail

1213Corporate Planning ManagerManajer Perencanaan Perusahaan

1221Marketing ManagerManajer Pemasaran

Kepmen 228/2019 lists 6 TKA-eligible positions in this category. Selection optimized using ISCO classification methodology.

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 non-residential real estate (own property) business in Indonesia?

Yes. KBLI 68129 (Aktivitas Real Estat (bangunan dan Lahan) Nonhunian Lainnya Milik Sendiri atau Sewa) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian partner required.

What license is required for KBLI 68129?

KBLI 68129 has a Menengah Tinggi risk classification. Required license: NIB dan Sertifikat Standar. Processing time: 3 Hari.

What is KBLI 68129?

KBLI 68129 is the Indonesian business classification code for "Aktivitas Real Estat (bangunan dan Lahan) Nonhunian Lainnya Milik Sendiri atau Sewa" (Non-Residential Real Estate (Own Property)). It falls under Section L 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 68129 change from KBLI 2020 to 2025?

KBLI 68129 was mapped from previous code 68111 (KBLI 2020). Agent mapping: 68111 (Real Estat Yang Dimiliki Sendi...) [high] 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

68127Section L★

Office Building Management

Pengelolaan Gedung Perkantoran

→

Closure proposed (Bali)✅Open· 100% ForeignHigh Risk

68126Section L★

Warehouse & Self-Storage Rental

Penyewaan Gudang dan Fasilitas Penyimpanan Mandiri

→

Registrable in Bali✅Open· 100% ForeignHigh Risk

68125Section L★

Shopping Mall Management

Pengelolaan Pusat Perbelanjaan

→

Registrable in Bali✅Open· 100% ForeignHigh Risk

68124Section L★

Event Venue Rental

Penyewaan Tempat Penyelenggaraan Aktivitas Pertemuan, Perjalanan Insentif, Konvensi, dan Pameran, serta Acara Khusus

→

Blocked in Bali (risk-class moratorium)✅Open· 100% nat'l · blocked in BaliMedium-Low Risk

68123Section L★

Special Economic Zone Management

Pengelolaan Kawasan Ekonomi Khusus

→

Registrable in Bali✅Open· 100% ForeignHigh Risk

68122Section L★

Industrial Estate Management

Pengelolaan Kawasan Industri

→

Registrable in Bali✅Open· 100% ForeignHigh Risk

🏢

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