Bali, Indonesia, is a popular tourist destination known for its stunning beaches, vibrant culture, and exciting attractions.
For foreign investors looking to tap into the island’s thriving tourism industry, setting up an amusement park or theme park business can be a lucrative venture.
Under the Indonesian Standard Industrial Classification (KBLI) Code 93219, foreign-owned companies can establish outdoor activities and family entertainment businesses, such as amusement parks and theme parks, both indoors and outdoors.
This classification covers the operation of recreational parks, including theme parks, amusement parks, and traditional entertainment markets, which are not included in the KBLI Code 93211.
If you’re looking to invest in a foreign-owned company in Indonesia, this guide will navigate you through the essential steps of setting up your business in Bali, ensuring your venture into the world of amusement parks is both thrilling and successful.
Overview
Businesses operating under KBLI Code 93219 engage in managing recreational parks, including theme parks, amusement parks, and community night markets, applicable both indoors and outdoors, with the exception of activities classified under group 93211.
This category is critical for entities aiming to develop environments that offer a variety of entertainment and leisure activities.
Legal Basis
The operations of theme and amusement parks under KBLI Code 93219 are governed by “Peraturan Menteri Pariwisata Dan Ekonomi Kreatif/Kepala Badan Pariwisata Dan Ekonomi Kreatif Republik Indonesia Nomor 7 Tahun 2021.”
This regulation provides the framework for compliance and strategic alignment with national policies in the tourism and creative economy sectors.
Type of License
The requisite licensing for a business operating under KBLI Code 93219 is a Standard Certificate License.
This license serves as a testament to the business’s adherence to established regulatory standards, ensuring legal and operational credibility.
Coverage of Service
Services provided under this KBLI code include a diverse array of recreational activities such as rides, attractions, games, and live performances within the premises of theme or amusement parks.
These offerings are designed to appeal to both domestic and international tourists, prioritizing family-oriented entertainment.
Business Scale, Land Area, and Risk Level
- Business Scale: This business is recognized as a large-scale operation.
- Land Area: There are no specified regulations concerning the required size of land for operation.
- Risk Level: The business operates under a medium-low risk category, reflecting a manageable level of operational hazards relative to compliance requirements.
Authorities Granting Licenses
The licensing authority for businesses classified under KBLI Code 93219 is vested in the Minister or Head of the Creative Economy Agency (Badan Pariwisata dan Ekonomi Kreatif).
This agency is tasked with the oversight and support of the creative economy, including the specific sectors of theme and amusement parks.
Requirements and Obligations for Business Licensing
- Requirements: No specific prerequisites are listed for acquiring a business license under this KBLI code.
- Obligations: Businesses must secure an Environmental Management Effort and Environmental Monitoring Effort Certificate (SPPL) and a Standard Business Certificate.
- Timeline for Fulfilling Obligations: There is a one-year time frame allotted for businesses to comply with these obligations post-license issuance.
Frequently Asked Questions
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What types of attractions can I include in my amusement park in Bali?
Your amusement park can feature a variety of attractions such as roller coasters, water rides, themed areas, and live performance stages. These attractions can cater to both family-oriented entertainment and thrill-seekers.
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What legal steps must I follow to open a theme park in Bali?
Opening a theme park in Bali requires adhering to specific legal guidelines, including obtaining a Standard Certificate License and ensuring compliance with the regulation set forth by the Minister of Tourism and Creative Economy.
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Can foreign investors fully own an amusement park in Bali?
Yes, foreign investors can fully own an amusement park in Bali under KBLI Code 93219, provided they meet all the regulatory requirements and obtain the necessary licenses.
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What are the advantages of setting up an amusement park in a tourist hotspot like Bali?
Setting up in Bali offers access to a large pool of tourists, favorable climate year-round, and robust infrastructure, making it an ideal location for a thriving amusement park business.
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How long does it take to get all necessary licenses for running an amusement park in Bali?
The timeline for acquiring all necessary licenses, including environmental and business certificates, can take up to one year, depending on compliance and documentation speed.
Contact Us for Amusement Park Business in Bali, Indonesia.
