Bali, Indonesia’s famed island of gods, is not only a top-tier tourist destination but also a burgeoning hub for international business and commerce.
In recent years, the island has seen a significant uptick in foreign investment, particularly in the e-commerce and retail sectors.
For entrepreneurs and investors looking to tap into this vibrant market, establishing a Foreign Capital Enterprise specializing in the retail trade of food, beverages, tobacco, chemicals, pharmaceuticals, cosmetics, and laboratory equipment via media represents a promising opportunity.
This venture, categorized under the Business Activity Code 47911, offers a gateway to the dynamic Indonesian marketplace through Bali.
In this blog, we’ll explore the essentials of Foreign Capital Enterprise setup in Bali, focusing on the specific requirements and advantages of engaging in retail trade under Business Activity Code 47911.
Table of Contents
- What is the Retail Trade of Food and Beverage, Beauty, Lab Equipment & More for Establishing a Foreign Capital Enterprise E-commerce in Bali, Indonesia? (KBLI Code 47911)
- What is the Risk Level for Retail Trade of Food and Beverage, Beauty, Lab Equipment & More for Establishing a Foreign Capital Enterprise E-commerce in Bali, Indonesia? (KBLI Code 47911)
- Is a license needed to operate Retail Trade of Food and Beverage, Beauty, Lab Equipment & More for Establishing a Foreign Capital Enterprise E-commerce in Bali, Indonesia? (KBLI Code 47911)
- How to obtain the licenses to operate a Retail Trade of Food and Beverage, Beauty, Lab Equipment & More for Establishing a Foreign Capital Enterprise E-commerce in Bali, Indonesia? (KBLI Code 47911)
- Resources
- Frequently Asked Questions
What is the Retail Trade of Food and Beverage, Beauty, Lab Equipment & More for Establishing a Foreign Capital Enterprise E-commerce in Bali, Indonesia? (KBLI Code 47911)
Product Categories for Retail Trade under KBLI 47911 for Foreign Capital Enterprise E-commerce in Bali:
- Food & Beverages (F&B):
- Groceries: Staples, snacks, packaged foods, spices, condiments, cooking ingredients. (Image of groceries)
- Fresh Produce: Fruits, vegetables, dairy products, eggs, meat, seafood. (Image of fresh produce)
- Beverages: Soft drinks, juices, coffee, tea, alcoholic beverages (with proper licenses). (Image of beverages)
- Specialty Foods: Organic, gluten-free, vegan, health-conscious options. (Image of specialty foods)
- Culturally-specific products: Local snacks, traditional ingredients, regional specialties. (Image of culturally-specific food products)
- Beauty & Cosmetics:
- Skincare: Lotions, creams, cleansers, serums, masks, sunscreens. (Image of skincare products)
- Makeup: Foundation, concealer, lipstick, eyeshadow, eyeliner, nail polish. (Image of makeup products)
- Haircare: Shampoos, conditioners, styling products, hair dyes. (Image of hair care products)
- Bath & body products: Soaps, shower gels, lotions, bath bombs, essential oils. (Image of bath & body products)
- Fragrances: Perfumes, colognes, body sprays, diffusers. (Image of fragrances)
- Natural & organic beauty products: Growing demand for eco-friendly options. (Image of natural & organic beauty products)
- Laboratory Equipment:
- Basic laboratory supplies: Beaker, test tubes, pipettes, funnels, spatulas. (Image of basic lab supplies)
- Scientific instruments: Microscopes, centrifuges, spectrophotometers, balances. (Image of scientific instruments)
- Chemicals & reagents: For various laboratory uses, ensuring compliance with regulations. (Image of chemicals & reagents)
- Educational & research equipment: Models, kits, safety gear for schools and universities. (Image of educational & research equipment)
- Specialty lab equipment: Catering to specific industries like agriculture, food testing, environmental monitoring. (Image of specialty lab equipment)
What is the Risk Level for Retail Trade of Food and Beverage, Beauty, Lab Equipment & More for Establishing a Foreign Capital Enterprise E-commerce in Bali, Indonesia? (KBLI Code 47911)
The risk level for retail trade of food and beverage, beauty products, lab equipment, and more for a Foreign Capital Enterprise e-commerce business in Bali (Business Activity Code 47911) is considered a low risk level.
This indicates that while operating in these sectors through e-commerce platforms presents opportunities, it is relatively stable and faces fewer challenges compared to other industries, making it an attractive option for investors.
Is a license needed to operate Retail Trade of Food and Beverage, Beauty, Lab Equipment & More for Establishing a Foreign Capital Enterprise E-commerce in Bali, Indonesia? (KBLI Code 47911)
Yes, a PB-UMKU (Perizinan Berusaha Untuk Menunjang Kegiatan Usaha) is still required for business activity code 47911 in Bali. Although it’s a simplified and risk-based permit, it’s crucial for operating your e-commerce venture under this code.
How to obtain the licenses to operate a Retail Trade of Food and Beverage, Beauty, Lab Equipment & More for Establishing a Foreign Capital Enterprise E-commerce in Bali, Indonesia? (KBLI Code 47911)
- Food and beverage licenses: Depending on the type of food and beverages, licenses from the Indonesian Food and Drug Administration (BPOM) or local health authorities might be required.
- Tobacco licenses: Permits from the Indonesian Ministry of Finance are likely needed for tobacco products.
- Chemical and pharmaceutical licenses: Licenses from BPOM or the Ministry of Health might be required for specific chemicals or pharmaceuticals.
- Laboratory equipment licenses: Depending on the type of equipment, permits from the Ministry of Trade or other relevant authorities might be needed.
You can submit your PB UMKU application through the Online Single Submission (OSS) system (https://oss.go.id).
Resources:
Frequently Asked Questions
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What advantages does Bali offer for establishing a Foreign Capital Enterprise in E-commerce?
Bali presents a unique blend of a vibrant local market, a significant expatriate community, and a steady stream of international tourists. This diversity offers a broad customer base for businesses specializing in food and beverage, beauty, lab equipment, and more. Additionally, Bali's status as a hub for digital nomads and its growing startup ecosystem provide ample networking opportunities and a supportive environment for e-commerce ventures.
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What about beauty products? Are there any specific regulations?
Similar to food and beverages, some beauty products might require additional licensing from BPOM, especially if they contain certain ingredients or make medical claims.
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How important is digital marketing for a Foreign Capital Enterprise in E-commerce in Bali?
Digital marketing is crucial for reaching a wider audience, engaging customers, and building brand awareness. Utilizing SEO, social media marketing, email campaigns, and online advertising tailored to the Bali market can drive traffic and increase sales.
