Running a business in Indonesia means you must stay compliant with Indonesian Investment regulations, which are structured generally for all businesses in Indonesia. One of the most essential ones is the requirement of submission of LKPM, or an Investment Activity Report.
The Investment Activity Report (known locally as Laporan Kegiatan Penanaman Modal, or LKPM in Indonesia) is a periodic requirement of the Investment Coordinating Board (BKPM) to track the ongoing investment development of your business in Indonesia, which is due at the specified periodic interval. Missing the report will result in administrative sanctions; worse, it might lead to business permit revocation.
In this guide, we will break down what you need to know about LKPM filing, including who must file, what to include, and how to submit it step by step through the OSS system.
Understanding LKPM Reporting for Foreign Investors in Indonesia
For foreign investors operating a PT PMA (Foreign-Owned Company) in Indonesia, complying with investment reporting obligations is just as important as maintaining business licences and corporate permits. One of the key ongoing reporting requirements is the Investment Activity Report (Laporan Kegiatan Penanaman Modal or LKPM), a mandatory periodic report submitted through Indonesia’s Online Single Submission (OSS) system.
The LKPM enables the Ministry of Investment and Downstream Industry/BKPM to strengthen supervision of investment realisation, business development, workforce absorption, production performance, and operational challenges faced by investors. As a regulatory requirement under Law No. 25 of 2007 on Investment, reinforced by BKPM Regulation No. 5 of 2025, every eligible company is required to submit LKPM to maintain its compliance status and business licence.
For the current reporting cycle, PT PMA companies are required to submit LKPM for Quarter II (April–June 2026) between 1 and 15 July 2026. Meanwhile, Micro and Small Enterprises (UMK) must submit their Semester I (January–June 2026) report within the same reporting window of 1–15 July 2026.
Who is Required to Submit an LKPM?
Under the latest regulations, every business entity holding a Business Identification Number (NIB) is generally required to submit LKPM, subject to several exemptions.
The obligation generally applies to:
- Foreign-owned companies (PT PMA)
- Domestic investment companies (PT PMDN)
- Medium and large businesses
- Companies holding active OSS business licences
Exemptions
Certain businesses remain exempt from LKPM reporting, including:
- Micro enterprises with investment capital of IDR 1 billion or less (excluding land and buildings) or annual sales not exceeding IDR 2 billion
- Businesses fully financed by the State Budget (APBN) or the Regional Budget (APBD)
Businesses operating in regulated sectors, including upstream oil and gas and financial institutions, should carefully review their reporting obligations, as recent regulatory developments have expanded the government’s investment monitoring and supervision framework.
LKPM Reporting Frequency
The reporting schedule depends on the business classification under Indonesia’s risk-based licensing system.
| Business Category | Investment Value | Reporting Frequency |
| Small (UMK Kecil) | IDR 1–5 Billion | Every 6 Months (Semester) |
| Medium | IDR 5–10 Billion | Every 3 months (Quarterly) |
| Large | Above IDR 10 Billion | Every 3 months (Quarterly) |
| PT PMA (Foreign-Owned Company) | Regardless of investment value | Every 3 months (Quarterly) |
As all PT PMA companies are categorised as large-scale investors, they are required to submit LKPM every 3 months, regardless of investment value.
July 2026 LKPM Reporting Submission Deadlines
Businesses should take particular note of the upcoming submission deadlines announced by the Ministry of Investment and the OSS system.
Reporting Period: 1–15 July 2026
| Business Type | Reporting Period | Submission Window |
| PT PMA (Non-UMK) | Quarter II (April–June 2026) | 1–15 July 2026 |
| UMK Businesses | Semester I (January–June 2026) | 1–15 July 2026 |
The extension of the reporting deadline to the 15th day of the reporting month, introduced under BKPM Regulation No. 5 of 2025, provides businesses with additional time to prepare accurate investment data. Nevertheless, companies are encouraged not to wait until the final days, particularly if revisions or clarifications are required through the OSS system.
Information Required in an LKPM Report
The report provides regulators with a comprehensive overview of business performance throughout the reporting period.
1. Investment Realisation
Companies must declare capital realisation for investments made during the reporting period, including:
Fixed Capital (Modal Tetap)
- Machinery and equipment
- Office furniture
- Building improvements
- Production facilities
- Long-term business assets
Working Capital (Modal Kerja)
- Employee salaries
- Rental expenses
- Utilities
- Marketing expenditure
- Operational costs
Investment values should always be reported using their original acquisition values rather than depreciated amounts.
2. Workforce Information
Businesses must report changes in employment during the reporting period, including:
- Number of Indonesian employees
- Number of foreign employees
- Male and female workforce composition
- Employees recruited
- Employees who resigned
- Total workforce at the end of the reporting period
These figures also contribute to the government’s monitoring of workforce absorption generated through investment activities across Indonesia.
3. Production and Business Activities
Production reporting generally includes:
- Goods or services produced
- Production capacity
- Actual production output
- Export percentage (where applicable)
- Export value (USD)
For Semester reports requiring production data, businesses with no production activity should leave export-related fields blank in accordance with OSS requirements.
4. Business Challenges
Companies are encouraged to report operational challenges affecting investment implementation, such as:
- Licensing issues
- Infrastructure constraints
- Labour shortages
- Supply chain disruptions
- Regulatory matters
These submissions assist investment authorities in strengthening investment supervision and identifying barriers affecting business performance across Indonesia.
5. Responsible Company Representative
Each LKPM must identify the authorised company representative responsible for the submission, including:
- Full name
- Position
- Telephone number
- Email address
Consequences of Missing the LKPM Deadline
Failure to submit the required LKPM within the prescribed reporting period may result in progressive administrative sanctions.
Possible enforcement measures include:
- First, second, and third written warnings
- Temporary suspension of business activities
- Administrative fines
- Revocation of the company’s Business Identification Number (NIB)
Once an NIB is revoked, a company may lose access to essential OSS services, including immigration sponsorship, business licensing, import approvals, and permit applications.
Submitting accurate reports before the 15 July 2026 submission deadline remains the most effective way to avoid unnecessary compliance risks.
How to Submit LKPM Online Through OSS
Businesses must submit LKPM online through Indonesia’s Online Single Submission (OSS) platform.
The process typically includes:
- Selecting the relevant business activity (KBLI)
- Reporting investment realisation
- Updating workforce information
- Completing production details (where applicable)
- Declaring business challenges
- Submitting the report for verification
After businesses submit LKPM online, they should continue monitoring the verification status until the report is marked “Approved (Disetujui)”, rather than simply “Submitted (Terkirim).”
Report Your LKPM with LMI Consultancy
Preparing an LKPM involves more than entering financial figures into the OSS system. Businesses must ensure investment values, workforce data, and operational information remain consistent with previous submissions while meeting Indonesia’s latest reporting requirements.
At LMI Consultancy, our corporate compliance specialists assist foreign investors and Indonesian companies with comprehensive LKPM reporting services, including:
- Quarterly and semester LKPM submissions
- OSS compliance support
- PT PMA corporate compliance
- Investment reporting advisory
- Correction of previous LKPM submissions
- Ongoing regulatory monitoring
The reporting window for the current period is 1–15 July 2026. Contact LMI Consultancy today to ensure your LKPM is submitted on time and your business remains fully compliant with Indonesian investment regulations.
