Are you interested in establishing a foreign direct investment firm in Bali, Indonesia for the large-scale wholesale distribution and export of coffee, tea, and cocoa?
With the right planning and understanding of local regulations, launching this type of business under KBLI Code 46314 can be a rewarding venture. This code specifically covers the wholesale trade of coffee, tea, cocoa, and spices, making it the perfect classification for your endeavor. Bali’s strategic location and thriving agriculture sector offer excellent opportunities for sourcing high-quality products. By tapping into existing supply chains and leveraging Bali’s reputation, your business can cater to both domestic and international markets, contributing to the island’s economic growth.
Overview
The group covers wholesale trade businesses dealing with coffee, tea, and cocoa.
This indicates a focus on bulk transactions in these specific commodities, which are crucial in both local and international markets.
Legal Basis
The legal framework governing this sector is defined by the “Peraturan Menteri Perdagangan Republik Indonesia Nomor 26 Tahun 2021.”
This regulation sets out the rules and standards that must be followed by businesses operating within this trade.
Type of License
According to “Peraturan BKPM Nomor 4 Tahun 2021” Article 12, there is an exemption from the minimum investment requirements for foreign direct investments (FDI).
Specifically, if the total investment exceeds IDR 10 billion (excluding land and buildings) per five-digit KBLI code per project location, the business qualifies for this exemption.
This indicates a strategic focus on encouraging substantial foreign investments in the sector.
Coverage of Service
This section is not detailed in the provided text but typically would outline the geographical and operational scope within which the business is authorized to operate.
Business Scale, Land Area, and Risk Level
- Business Scale: The business is categorized under large-scale enterprises.
- Land Area: There are no specific regulations regarding the required land area for this type of business.
- Risk Level: The business is considered to have a low risk level, suggesting fewer regulatory hurdles and potentially lower insurance costs.
Authorities Granting Licenses
The authority to grant licenses for this sector is vested in the Minister or the Head of the Agency.
This centralization of authority aims to streamline the licensing process and ensure that standards are uniformly applied across the sector.
Requirements and Obligations for Business Licensing
- Requirements: There are no specific requirements listed for obtaining the business license, which might indicate a streamlined process or a focus on compliance post-licensing.
- Obligations:
- Own or control a business premise with a correct, permanent, and clear address.
- Own or control a registered warehouse with a correct, permanent, and clear address.
- Submit annual distribution reports to the Central Government.
- Implement health, safety, and environmental standards (K3L).
- Maintain formal agreements with producers, suppliers, or importers, which can be demonstrated through contracts, appointments, or written transaction evidence regarding the goods to be distributed.
Frequently Asked Questions
- What specific commodities are covered under KBLI Code 46314?
KBLI Code 46314 covers the wholesale trade of coffee, tea, cocoa, and spices, making it the perfect classification for businesses dealing with the large-scale distribution of these products.
- How can Bali's location and agriculture sector benefit my coffee, tea, and cocoa wholesale business?
Bali's strategic location and thriving agriculture sector offer excellent opportunities for sourcing high-quality coffee, tea, and cocoa. By tapping into existing supply chains and leveraging Bali's reputation, your business can cater to both domestic and international markets, contributing to the island's economic growth.
- How can I ensure a reliable supply chain for my coffee, tea, and cocoa wholesale business in Bali?
To ensure a reliable supply chain, it is crucial to establish and maintain strong relationships with local farmers, cooperatives, and suppliers. Conducting regular quality checks, implementing fair trade practices, and investing in sustainable farming techniques can help secure a consistent supply of high-quality products.
- What are the potential target markets for a large-scale coffee, tea, and cocoa wholesale business in Bali?
Potential target markets include domestic retailers, cafes, restaurants, and hotels, as well as international buyers and distributors. Bali's reputation as a popular tourist destination can also help attract foreign clients interested in sourcing unique, high-quality products from the region.
- How can I differentiate my coffee, tea, and cocoa wholesale business from competitors in Bali?
To differentiate your business, consider focusing on niche products, such as organic or single-origin coffee, rare tea varieties, or premium cocoa. Investing in innovative packaging, branding, and marketing strategies can also help set your business apart. Additionally, emphasizing sustainability, fair trade practices, and social responsibility can attract consumers who value ethical sourcing.
