Presidential Regulation No. 10 of 2021 on Investment Business Sectors

Summary

Perpres 10/2021 sets out the business sectors open to investment and is known as the replacement for the Negative Investment List (DNI). Open sectors are divided into priority sectors; sectors allocated to, or required to partner with, cooperatives and micro, small and medium enterprises (UMKM); sectors with certain requirements; and other sectors open to all investors.

It revokes Perpres 44/2016 and was amended by Perpres 49/2021. Its annex answers the most important question for a foreign investor: whether the intended KBLI (business classification code) may be foreign owned, and what the limit on foreign shareholding is. That is why it should be checked before establishing a PT PMA, and read in its amended form.

Key points for investors

• Reference for foreign ownership limits by business sector.
• Read together with its amendment, Perpres 49/2021.
• Must be checked before establishing a PT PMA.

Status & related regulations

Amended by

• PERPRES No. 49 Tahun 2021

Revokes

• PERPRES No. 44 Tahun 2016
• PERPRES No. 76 Tahun 2007

Related at IzinBeres

• PT PMA company registration
• Read in Bahasa Indonesia
• All regulations in the library

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