Not all business sectors in Indonesia are fully open to foreign investment.
While Indonesia encourages foreign investors through the Investor KITAS and PMA structure, certain restricted or sensitive sectors have specific limitations or additional requirements.
Restrictions may apply due to:
- protection of domestic industries
- national security considerations
- cultural or strategic interests
- foreign ownership caps (partial ownership allowed only)
- special licensing requirements
Examples of sectors with limitations include:
- education
- media and broadcasting
- certain areas of transportation
- small-scale retail
- cultural and heritage-related activities
Before choosing your business activity (KBLI), it is important to check whether the sector is:
- fully open to foreign investment,
- allows partial foreign ownership, or
- is closed and requires special structures.
We can help you verify your chosen KBLI and ensure it qualifies for a PMA and Investor KITAS.