Bali Zero
  • Home
  • Visa
  • Tax
  • Property
Get Started
KBLI Navigator/Section K/64920
KBLI 64920

International Trade Financing

Aktivitas Pembiayaan Perdagangan Internasional

🏦 Section K — Financial & Insurance Activities

In Bali: a PT PMA cannot register this code

National procedure — does not apply to a PT PMA in Bali

In Bali this activity is blocked for a PT PMA under the 13 May 2026 moratorium. The national procedure below applies only to non-PMA operators.

✅Open· 100% nat'l · blocked in BaliRenumbered🏝️🚫Closed in Bali (2026 moratorium)· needs review· low conf.❓Not classifiable — divergence documented

International Trade Finance: Open Nationally, Blocked for PMA in Bali

International trade finance permits up to 100% foreign ownership nationally, yet foreign investors cannot register this activity at a Bali address under the island-wide PMA moratorium.

By the numbers
National foreign-ownership ceiling
100%
Eligible scales
Mikro, Kecil, Menengah, Besar
National source
Perpres 10/2021, 49/2021
Bali status
Closed (Bali moratorium)
At a Bali address, the PMA route is closed for this activity, even though national rules permit up to 100% foreign ownership.
What Changed

KBLI 2020→2025 mapping: code renumbered.

What You Need

This code covers international trade financing — financial support, often combined with ancillary services, helping entities ship goods worldwide. The licensing rows shown here earlier were tied to a low-confidence auto-match to an unrelated (health-services) 2020 code that our review could not confirm as correct, so they have been removed from this page; the correct licensing for this code is not yet reliably defined in our verified sources. Before registering or investing, confirm the current requirements with the Bali Zero team. **Risk tier under review.** The licensing rows this code's risk tier was read from have since been set aside as unverifiable for KBLI 2025, so we cannot currently re-derive it. Where this page states a risk tier or a scale-based requirement, treat it as provisional pending re-derivation, and verify the current classification at oss.go.id before acting on it.

Who This Is For

Foreign entrepreneurs aiming to set up an international trade finance firm, export credit agency, or a cross-border factoring business.

2020 → 2025
Previous codes (KBLI 2020): 86902— Auto-matched to 86902 (Aktivitas Pelayanan Kesehatan ...) score=69%

Regulatory Divergence

The licensing previously shown for 64920 was removed because its source could not be verified as applying to this activity. Here is what the sources actually say — with citations.

Correction note — verbatim, with source locators

KBLI 2025 code 64920 'Aktivitas Pembiayaan Perdagangan Internasional' (international trade financing — financial support, often combined with ancillary services, helping entities ship goods worldwide; includes Indonesia's export-financing institution) carries canonical status_mapping='CODICE_RINUMERATO', kbli_2020_source='86902', pp28_sources=['86902'], mapping_note "Auto-matched to 86902 (Aktivitas Pelayanan Kesehatan ...) score=69%" — a LOW-confidence (69%) auto-match to an UNRELATED 2020 code: 86902's own truncated title, 'Aktivitas Pelayanan Kesehatan...' (health-care services activities), has no conceptual connection to international trade financing — the same auto-match-to-unrelated-code pattern Lot 2 documented for 52239 (72% match to an unrelated personal-services code). No independently-verified replacement parent was established for this code in the conductor's report — per rule #9, this cure does NOT correct status_mapping or kbli_2020_source for 64920; it remains a detach-only cure with an honest data_note, same treatment Lot 2 gave its own un-replaced metadata-false codes. per_skala detached; the licensing regime for international trade financing is not retrievable from the pinned sources as hunted. Lot 3 conductor gate (second signing), run wf_c00a9ec4-c61, 2026-07-19.

The detached licensing rows (source unverified for this activity)1 row

These rows were previously shown on this page and have been detached — the correction note above documents, with source locators, why their source could not be kept for the activity this page describes. They are preserved here as the audit trail of the divergence.

Mikro, Kecil, Menengah, BesarLow RiskNIBAuthority: Menteri/ Kepala Badan
BPS Peraturan 7/2025 (KBLI 2025 classification)PP 28/2025 (risk-based licensing annexes)OSS RBA ruang-lingkup — no KBLI-2025 scope retrievable via the OSS API (404)

Sources & Verification

Each data layer below traces to a government source with its KBLI vintage — or is declared as a gap. Nothing in these layers is silently filled in.

Activity definition
BPS Peraturan 7/2025 + PP 28/2025VerifiedKBLI 2025

Title and scope as defined by the KBLI-2025 classification.

locator: OSS_RBA_2025_id_version_fff4053d

Risk & licensing
Detached — source could not be verifiedDeclared gap—

The previously-served rows were removed because their source could not be verified as applying to this activity. See Regulatory Divergence above for the documented correction note.

Foreign ownership (PMA)
Perpres 10/2021, 49/2021Audit pendingKBLI 2020

The investment-list annexes predate KBLI 2025; the per-code crosswalk audit of this layer is in progress. The value shown is the annex text, disclosed with its vintage.

Bali status
Bali province blocks ALL Low + Medium-Low risk KBLI for PMA (island-wide, permanent) (effective 2026-05-13)Audit pending2026 overlay

Conservative posture derived from the risk tier · confidence LOW.

Dataset last updated 2026-07-26 · KBLI 2020 and KBLI 2025 reuse code numbers for different activities — cross-vintage rows are labeled, never merged silently.

Common Questions
Can foreigners operate a international trade financing business in Indonesia?
Nationally yes — but NOT in Bali. KBLI 64920 (Aktivitas Pembiayaan Perdagangan Internasional) is TERBUKA (100% foreign ownership) at the national level, but in Bali it is blocked for a PT PMA under the 13 May 2026 moratorium. [derivation under review] Nationally TERBUKA but the Besar scale is 'Rendah' -> blocked by the Bali PMA moratorium (Gov. letter B.27.000/642, 13 May 2026: all Rendah/Menengah Rendah blocked for a Bali address). [NB-3 28 June 2026] — NOTE: the licensing rows this verdict's risk tier was read from have since been set aside as unverifiable for KBLI 2025, so the verdict cannot currently be re-derived; verdict pending re-derivation from the true risk tier (GARUDA-FILIERA). Outside Bali it is open to a PT PMA with no local partner required. (Source: Perpres 10/2021 as amended by Perpres 49/2021 — the investment-list annexes predate KBLI 2025; per-code crosswalk audit in progress.)
What license is required for KBLI 64920?
We cannot yet show a verified licensing basis for KBLI 64920: the licensing previously associated with this code was removed because its source could not be verified as applying to this activity. See the Regulatory Divergence section on this page for the documented sources, and verify the current OSS treatment before relying on any licensing assumption.
What is KBLI 64920?
KBLI 64920 is the Indonesian business classification code for "Aktivitas Pembiayaan Perdagangan Internasional" (International Trade Financing). It falls under Section K 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 64920 change from KBLI 2020 to 2025?
KBLI 64920 was mapped from previous code 86902 (KBLI 2020). Auto-matched to 86902 (Aktivitas Pelayanan Kesehatan ...) score=69% 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

64930Section K

Factoring Services

Aktivitas Anjak Piutang

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64910Section K

Financial Leasing

Aktivitas Sewa Guna Usaha Finansial

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64940Section K

Securitization Services

Aktivitas Sekuritisasi

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in Bali
64951Section K

Conventional Infrastructure Financing

Pembiayaan Infrastruktur Konvensional

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64952Section K

Sharia Infrastructure Financing

Pembiayaan Infrastruktur Syariah

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64953Section K

Conventional Pawnbroking

Aktivitas Gadai Konvensional

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
🏢

Ready to register this business?

Bali Zero handles PT PMA setup, KBLI registration, NIB, and all licensing for KBLI 64920.

PT PMA Setup

IDR 20.000.000

Company registration, KBLI, NIB, domicile

Virtual Office

IDR 5.000.000

Legal address for your PT PMA in Bali

5,000+ companies registered since 2020

Get started on WhatsApp
5k+
Clients
★ 4.9
Reviews
~15 min
Response
Talk on WhatsApp
Zantara AIOSS Intelligence System
Context64920
Ask me anything about KBLI 64920 — International Trade Financing. Licensing, PMA rules, what changed in 2025, or how it works in Bali.