NEW REGULATION ON INDONESIAN STANDARD INDUSTRIAL CLASSIFICATION

The aim of KBLI 2020 is to harmonize and cover both existing and recent development of business activities, such as fintech and digital goods/services to which are not fully accommodate by the earlier KBLI 2015 (amended in 2017) version. The issuance of KBLI 2020 has revoked the applicability of KBLI 2015. KBLI 2020 introduces several business activities which are already practiced in the market, and it alters description to cover various digital business practices as mostly has been classified into 63122 labelled as “web portal and/or digital platform with business purposes”. The differences between KBLI 2015 and the 2020 version are highlighted, as follows:

63122

“web portal and/or digital platform with business purposes”

KBLI 2015	KBLI 2015