KBLI 68291★ Gold-Tier Intel

Real Estate Appraisal

Jasa Penaksir Real Estat

🏠 Section L — Real Estate Activities

In Bali: open to a PT PMA

✅Open· 100% ForeignMedium-High RiskRenumberedRegistrable in Bali· medium conf.OSS-verified · KBLI 2025

Real-Estate Appraisal: Open Nationally, Not Barred in Bali

Real-estate appraisal is open to PMA nationally, with full foreign ownership permitted; in Bali, its higher-risk large-scale profile leaves it outside the permanent PMA moratorium.

In Bali, this activity is not blocked under the permanent PMA moratorium because its large-scale OSS risk is Medium-High/High.

Licensing & Requirements

What You Need

Risk LevelMedium-High (Menengah Tinggi)

License TypeNIB + Sertifikat Standar

Processing3 working days

Foreign Ownership100% Open

AuthorityBKPM / OSS

PP28/2025 Licensing Data4 scales

Business scale:

MikroMedium-High RiskNIB + Sertifikat Standar⏱ 3Fiktif Positif

Requirements (Indonesian)2

1Badan usaha berbentuk badan hukum yang didirikan dan berkedudukan dalam wilayah hukum Negara Kesatuan Republik Indonesia

2Daftar tenaga ahli yang kompeten di bidang Jasa Perantaraan Perdagangan Properti sebagai berikut: a. Seluruh Broker Properti wajib berkewarganegaraan Indonesia dengan area pekerjaan perantaraan perdagangan properti (property brokerage) b. Paling sedikit 1 (satu) orang tenaga ahli dengan area pekerjaan manajemen perantaraan perdagangan properti (manage-ment broker property) c. Dalam hal melakukan aktivitas jasa manajemen pengelolaan Properti dan konsultansi investasi Properti, wajib didukung paling sedikit 1 (satu) orang tenaga ahli dengan area pekerjaan manajemen properti dan investasi (property management and investment) Setiap tenaga ahli dilengkapi dengan: a. Salinan Sertifikat Kompetensi Kerja yang diterbitkan oleh instansi yang berwenang b. Surat pernyataan yang menyatakan bahwa tenaga ahli tidak terdaftar pada Pelaku Usaha lain yang sejenis c. Daftar Riwayat Hidup/ Curriculum Vitae

Post-License Obligations9

Memiliki perjanjian tertulis dengan pengguna jasa sesuai ketentuan peraturan perundang undangan

Menyampaikan data dan/atau informasi sesuai dengan ketentuan peraturan perundang undangan

Menggunakan sistem pembayaran yang berlaku secara nasional dalam setiap transaksi

Menunjukkan tanda pengenal dalam menjalankan kegiatan usaha yang paling sedikit memuat informasi sesuai dengan ketentuan peraturan perundang undangan

Mencantumkan nomor Perizinan Berusaha P4 di tempat yang mudah terlihat pada lokasi usaha dan pada setiap kegiatan publikasi, baik media cetak, media elektronik, maupun media lainnya

Menentukan besaran/ nilai komisi sesuai ketentuan peraturan perundang undangan

Menyampaikan laporan kegiatan usaha kepada Menteri Perdagangan

→ Submit periodic business activity reports to regulator

Menyampaikan perubahan data P4 sesuai dengan ketentuan peraturan perundang undangan kepada Menteri Perdagangan

Dalam hal P4 melakukan aktivitas perdagangan melalui sistem elektronik wajib memenuhi ketentuan peraturan perundang undangan di bidang perdagangan melalui sistem elektronik.

Company incorporation— PT PMDN / CV / Perorangan (local, WNI) — notary deed, AHU registration

NIB via OSS— register on oss.go.id, select this code, issued automatically (1–3 days)

NIB + Business License (Izin) (Medium / Large, High risk)— Authority: Menteri/ Kepala Badan — 14 Hari

Food hygiene and sanitation compliance— post-license obligation

Standard Certificate (auto-issued)— post-license obligation

Obtain Laik Sehat (SLS) health-ready certificate— post-license obligation

Authority

PMA

2020 → 2025

Renumbered from KBLI 2020. Your OSS registration may need updating to the new code. Previous code(s): 68200.

Bali Intelligence

🏗

Read Full Guide on Bali Zero↗

KBLI 2025 Real Estate Codes: Property Development, Management & Investment

kita.balizero.com

Foreign Workers

TKA Eligible Positions

Kepmenaker 228/2019 — Category 2: Real Estate

6 in category

1344General ManagerManajer Umum

1344Deputy General ManagerWakil Manajer Umum

1223Retail Development General ManagerManajer Umum Pengembangan Retail

1213Corporate Planning ManagerManajer Perencanaan Perusahaan

1221Marketing ManagerManajer Pemasaran

Kepmen 228/2019 lists 6 TKA-eligible positions in this category. Selection optimized using ISCO classification methodology.

KEDUA Provision — Directors & Commissioners Exemption

Directors and Commissioners who do NOT manage personalia can work without being listed in the jabatan.

Complementary Codes

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 real estate appraisal business in Indonesia?

Yes. KBLI 68291 (Jasa Penaksir Real Estat) 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 68291?

KBLI 68291 has a Menengah Tinggi risk classification. Required license: NIB + Sertifikat Standar. Processing time: 3.

What is KBLI 68291?

KBLI 68291 is the Indonesian business classification code for "Jasa Penaksir Real Estat" (Real Estate Appraisal). It falls under Section L 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 68291 change from KBLI 2020 to 2025?

KBLI 68291 was mapped from previous code 68200 (KBLI 2020). Agent mapping: 68200 (Real Estat Atas Dasar Balas Ja...) [high] 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

68292Section L★

Residential Property Management (Fee-Based)

Pengelolaan Real Estat Hunian atas Dasar Balas Jasa (fee) atau Kontrak

→

Registrable in Bali✅Open· 100% ForeignMedium-High Risk

68210Section L★

Real Estate Brokerage / Agency

Aktivitas Jasa Intermediasi Real Estat

→

Registrable in Bali✅Open· 100% ForeignLow Risk

68299Section L★

Other Fee-Based Real Estate Services

Aktivitas Real Estat atas Dasar Balas Jasa (fee) atau Kontrak Lainnya Ytdl

→

Registrable in Bali✅Open· 100% ForeignMedium-High Risk

68129Section L★

Non-Residential Real Estate (Own Property)

Aktivitas Real Estat (bangunan dan Lahan) Nonhunian Lainnya Milik Sendiri atau Sewa

→

Closure proposed (Bali)✅Open· 100% Foreign

68127Section L★

Office Building Management

Pengelolaan Gedung Perkantoran

→

Closure proposed (Bali)✅Open· 100% Foreign

68126Section L★

Warehouse & Self-Storage Rental

Penyewaan Gudang dan Fasilitas Penyimpanan Mandiri

→

Registrable in Bali✅Open· 100% Foreign

🏢

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What You Need

Risk LevelMedium-High (Menengah Tinggi)

License TypeNIB + Sertifikat Standar

Processing3 working days

Foreign Ownership100% Open

AuthorityBKPM / OSS

PP28/2025 Licensing Data4 scales

Business scale:

MikroMedium-High RiskNIB + Sertifikat Standar⏱ 3Fiktif Positif

Requirements (Indonesian)2

1Badan usaha berbentuk badan hukum yang didirikan dan berkedudukan dalam wilayah hukum Negara Kesatuan Republik Indonesia

Post-License Obligations9

Memiliki perjanjian tertulis dengan pengguna jasa sesuai ketentuan peraturan perundang undangan

Menyampaikan data dan/atau informasi sesuai dengan ketentuan peraturan perundang undangan

Menggunakan sistem pembayaran yang berlaku secara nasional dalam setiap transaksi

Menunjukkan tanda pengenal dalam menjalankan kegiatan usaha yang paling sedikit memuat informasi sesuai dengan ketentuan peraturan perundang undangan

Mencantumkan nomor Perizinan Berusaha P4 di tempat yang mudah terlihat pada lokasi usaha dan pada setiap kegiatan publikasi, baik media cetak, media elektronik, maupun media lainnya

Menentukan besaran/ nilai komisi sesuai ketentuan peraturan perundang undangan

Menyampaikan laporan kegiatan usaha kepada Menteri Perdagangan

→ Submit periodic business activity reports to regulator

Menyampaikan perubahan data P4 sesuai dengan ketentuan peraturan perundang undangan kepada Menteri Perdagangan

Dalam hal P4 melakukan aktivitas perdagangan melalui sistem elektronik wajib memenuhi ketentuan peraturan perundang undangan di bidang perdagangan melalui sistem elektronik.

Company incorporation— PT PMDN / CV / Perorangan (local, WNI) — notary deed, AHU registration

NIB via OSS— register on oss.go.id, select this code, issued automatically (1–3 days)

NIB + Business License (Izin) (Medium / Large, High risk)— Authority: Menteri/ Kepala Badan — 14 Hari

Food hygiene and sanitation compliance— post-license obligation

Standard Certificate (auto-issued)— post-license obligation

Obtain Laik Sehat (SLS) health-ready certificate— post-license obligation

Authority

PMA

2020 → 2025

Renumbered from KBLI 2020. Your OSS registration may need updating to the new code. Previous code(s): 68200.