Bali, Indonesia, is a renowned tourist destination offering diverse opportunities for businesses in the tourism sector.
One such venture is opening a fishing pond business under the PT PMA (Perseroan Terbatas Penanaman Modal Asing) scheme, which allows foreign ownership.
Fishing ponds, classified under the KBLI (Klasifikasi Baku Lapangan Usaha Indonesia) code 93244, provide a unique attraction for tourists seeking water activities and recreation.
This business involves offering a dedicated space and facilities for fishing as its primary focus, with the potential to include food and beverage services.
By exploring this niche market, investors can tap into Bali’s thriving tourism industry while contributing to the island’s diverse offerings.
Overview
This section of the economy includes businesses that provide places and facilities primarily for fishing.
These enterprises may also offer ancillary services such as food and beverage catering.
This combination not only caters to fishing enthusiasts but also enhances the overall customer experience, making these locations a destination for relaxation and recreation.
Legal Basis
The legal framework for the diving tourism business in Indonesia, particularly for foreign investors, is primarily governed by the Regulation of the Minister of Tourism and Creative Economy / Head of the Indonesian Tourism and Creative Economy Agency Number 7 of 2021.
This regulation outlines the specific requirements and standards that must be adhered to in the operation of such businesses.
Type of License
While the specific type of business license required for fishing pond ventures isn’t explicitly detailed in the text, businesses typically need to comply with local tourism and business operation standards, considering the nature of service and the integration with food and beverage offerings.
Coverage of Service
Fishing pond businesses provide comprehensive services that include the provision of a fishing area equipped with necessary facilities, along with additional services like catering of food and drinks to enhance the visitor experience, making them appealing for both local and foreign tourists.
Business Scale, Land Area, and Risk Level
Fishing pond enterprises in Indonesia are categorized under large-scale business operations.
Interestingly, there are no specific stipulations concerning the land area required for setting up these ventures, providing flexibility for business owners to choose locations based on availability and strategic suitability.
Moreover, these businesses are considered to be low risk.
This low-risk designation not only simplifies regulatory compliance but also potentially lowers insurance costs and makes the operations more attractive to investors who are cautious about high-risk ventures.
Authorities Granting Licenses
Licensing authority rests with the Indonesian Ministry of Tourism and Creative Economy/Badan Pariwisata dan Ekonomi Kreatif.
The Minister or Head of this body has the jurisdiction to grant operating licenses to these businesses.
Requirements and Obligations for Business Licensing
While the specific requirements for obtaining a business license for fishing pond enterprises are not explicitly defined, businesses must comply with the Health, Safety, and Environmental Management standards (K3L).
This includes maintaining appropriate safety measures and environmental management practices, ensuring that the business does not adversely affect its surroundings.
Furthermore, these enterprises have a one-year period from the time of licensing to meet these obligations.
This timeline emphasizes the importance of establishing a solid foundation for safety and sustainability right from the start of business operations.
This includes compliance with safety, environmental, and operational standards to ensure responsible and sustainable tourism practices.
Frequently Asked Questions
- What services can I offer at my fishing pond business in Bali?
Your fishing pond can provide comprehensive angling experiences, rental of fishing gear, and possibly food and beverage services to enhance the visitor experience. Offering guided fishing sessions and educational programs about local aquatic life can also attract more visitors.
- What makes Bali a good location for a fishing pond venture?
Bali's thriving tourism sector combined with its scenic landscapes provides a perfect backdrop for water-related activities. Establishing a fishing pond here taps into an existing flow of tourists looking for unique recreational activities.
- How can I differentiate my fishing pond business from other recreational activities in Bali?
Offering unique features such as night fishing, family-friendly competitions, or integrating eco-friendly practices can set your business apart. Additionally, providing exceptional service and maintaining high-quality facilities will attract repeat visitors.
- What potential additional services could increase revenue for a fishing pond business?
Besides basic fishing, you could offer event hosting services, such as corporate retreats or family gatherings, and expand your food and beverage offerings to include gourmet meals or local cuisine tastings.
- What are the key regulations to consider when opening a fishing pond in Bali under a PT PMA?
It's essential to comply with the Regulation of the Minister of Tourism and Creative Economy, which covers operational standards, environmental management, and safety protocols. Ensure you understand and adhere to these regulations to operate smoothly.
- How do I obtain a business license for a fishing pond in Bali?
The license is granted by the Indonesian Ministry of Tourism and Creative Economy. You'll need to demonstrate compliance with health, safety, and environmental standards and meet any specific local requirements.
- What are the typical start-up costs for a fishing pond business in Bali?
Start-up costs can vary widely based on location, size, and the level of amenities provided. Initial expenses include land acquisition, pond construction, licensing fees, and setting up facilities for guests.
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