Bali Zero
  • Home
  • Visa
  • Tax
  • Property
Get Started
KBLI Navigator/Section K/66303
KBLI 66303

Commodity Futures Fund Management

Manajemen Investasi di Perdagangan Berjangka Komoditas

🏦 Section K — Financial & Insurance Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignHigh RiskRenumbered🏝️✅Registrable in Bali· medium conf.✓OSS-verified · KBLI 2025

Commodity Futures Investment Management: Open Nationally, Clear in Bali

This activity covers pooled-fund management for commodity futures contracts, with national foreign ownership open to 100% and no Bali moratorium block.

By the numbers
Foreign-ownership ceiling
100%
PMA basis
Perpres 10/2021, 49/2021
Bali status
Registrable in Bali
Foreign ownership can reach 100% nationally, and PMA registration is not blocked in Bali by the recorded moratorium.
What Changed

KBLI 2020→2025 mapping: code renumbered.

What You Need

National regulations are fully open, allowing 100% foreign ownership for this activity. In Bali, the island-wide moratorium (in force since 13 May 2026) only halts PMA registrations for Low and Medium-Low risk lines — this KBLI's large-scale (Besar) risk class is higher, so it is not caught: PMA registration in Bali remains possible.

Who This Is For

A foreign fund manager or fintech platform planning to offer commodity futures investment vehicles to clients — and Bali is not off the table: this KBLI's large-scale risk class sits above the moratorium's Low/Medium-Low band, so a PMA can still register it here.

Licensing Overview
Risk LevelTinggi
License TypeNIB + Izin
Foreign Ownership100% Open
Processing32 working days
2020 → 2025
Previous codes (KBLI 2020): 66179— Auto-matched to 66179 (Aktivitas Penunjang Perdaganga...) score=68%
BPS crosswalk
Official BPS 2020 → 2025 crosswalk ancestors: 66172, 66179

Source: the BPS 2020↔2025 conversion table, mechanically extracted and acceptance-gate verified. It shows which 2020 codes map to this 2025 code — provenance only, not a licensing claim: the regulatory regime of these predecessor codes has not been adjudicated as transferring.

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
OSS RBA risk scope (ruang lingkup)VerifiedKBLI 2025

Risk category and licensing rows are KBLI-2025-native from the OSS Risk-Based Approach catalog.

locator: OSS_RBA_resiko_2025

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 MEDIUM.

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 commodity futures fund management business in Indonesia?
Yes. KBLI 66303 (Manajemen Investasi di Perdagangan Berjangka Komoditas) 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 66303?
KBLI 66303 has a Tinggi risk classification. Required license: NIB + Izin. Processing time: 32.
What is KBLI 66303?
KBLI 66303 is the Indonesian business classification code for "Manajemen Investasi di Perdagangan Berjangka Komoditas" (Commodity Futures Fund Management). 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 66303 change from KBLI 2020 to 2025?
KBLI 66303 was mapped from previous code 66179 (KBLI 2020). Auto-matched to 66179 (Aktivitas Penunjang Perdaganga...) score=68% 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

66309Section K

Other Fund Management

Aktivitas Manajemen Dana Lainnya

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in Bali
66302Section K

Sharia Investment Management

Manajemen Investasi Syariah di Pasar Keuangan

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66301Section K★

Conventional Investment Management

Manajemen Investasi Konvensional di Pasar Keuangan

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
66299Section K

Other Insurance & Pension Support Services

Aktivitas Penunjang Lainnya untuk Asuransi, Penjamian, dan Dana Pensiun Ytdl

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in Bali
66292Section K

Insurance & Pension Fund Supervision

Aktivitas Pengawasan Jasa Keuangan Asuransi dan Dana Pensiun

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in Bali
66291Section K

Actuarial Advisory

Aktivitas Advisori Aktuaria

→
🏝️✅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 66303.

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
Context66303
Ask me anything about KBLI 66303 — Commodity Futures Fund Management. Licensing, PMA rules, what changed in 2025, or how it works in Bali.