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KBLI Navigator/Section K/65123
KBLI 65123

Deposit & Policy Guarantee Scheme

Aktivitas Penjaminan Simpanan dan Asuransi

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignNew in 2025🏝️✅Registrable in Bali· needs review· low conf.⏳Crosswalk audit pending

Deposit Protection Is Open Nationally, With an Address Check in Bali

This activity protects bank-held customer funds and insurance-policy claims; it is nationally open to foreign investment, while Bali’s record retains a precise address-level caution.

By the numbers
Foreign-ownership ceiling
100%
National PMA status
TERBUKA
Bali status
Registrable in Bali
National source
Perpres 10/2021, 49/2021
Nationally, the ceiling is 100%; in Bali, the activity is not blocked by the moratorium but still needs verification per address.
What Changed

KBLI 2020→2025 mapping: bps only.

What You Need

Foreign ownership is allowed up to 100% nationally, and Bali’s moratorium does not block this KBLI. However, it is classified as medium-high to high risk, so a PMA can register it but must verify the business address carefully and expect additional regulatory scrutiny, likely needing approval from OJK and compliance with specific location requirements. **Risk tier under review.** No KBLI-2025 risk scope for this code could be retrieved from the OSS API when this dataset was built, so we cannot currently verify the tier this page's assessment was derived from. 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

A foreign entrepreneur planning to establish a financial guarantee institution such as a deposit insurer, with strong capital backing and readiness to navigate high-risk financial services regulation in Bali.

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
No OSS-RBA rows retrievable — special / sectoral regimeDeclared gap—

No KBLI-2025 risk scope was retrievable from the OSS API for this code (ruang-lingkup 404), and no licensing rows are served on this page. Activities in this group are typically licensed under a special or sectoral regime — on the crosswalk watchlist: if OSS publishes a scope, the code is re-adjudicated.

Foreign ownership (PMA)
Perpres 10/2021, 49/2021Declared gap—

Our sources record no KBLI-2020 predecessor for this code, so we cannot trace how the investment-list verdict shown here was assigned to it. The value is served as-is, not as a verified determination — confirm it at oss.go.id before relying on it.

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 deposit & policy guarantee scheme business in Indonesia?
Yes. KBLI 65123 (Aktivitas Penjaminan Simpanan dan Asuransi) is TERBUKA — open to 100% foreign ownership via PT PMA. No local Indonesian 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 65123?
KBLI 65123 sits outside the ordinary OSS-RBA risk-based licensing flow: no business-scale licensing rows for it are retrievable from OSS. Activities in this group are typically licensed under a special or sectoral regime (e.g. government affairs, financial services under OJK/BI, education or health authorities) — verify the applicable regulator case-by-case before relying on an NIB alone.
What is KBLI 65123?
KBLI 65123 is the Indonesian business classification code for "Aktivitas Penjaminan Simpanan dan Asuransi" (Deposit & Policy Guarantee Scheme). 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.

Related Codes

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

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