LKPM Report in English: Who Files It and What It Contains
The LKPM report in English: who must file it, how often, the six things it contains, and how to keep your business licence in good standing.
Peraturan Menteri Investasi dan Hilirisasi/Kepala BKPM No. 5 Tahun 2025 — promulgated and in force 2 October 2025 (Article 400), revoking Peraturan BKPM No. 5 Tahun 2021 (Article 398). Article 1(72) working days; Article 25 business scale; Article 26(1) a PMA is a large business; Articles 284–287 what LKPM is, who files, how often and how it is checked; Articles 290–291 the compliance score; Articles 295–296 other filers; Articles 363 and 373–376 the sanctions
An LKPM report — Laporan Kegiatan Penanaman Modal, in English the investment activity report — tells the investment ministry what a business has actually invested, whom it employs and what it produces. Every business holding an NIB (Nomor Induk Berusaha, the business identification number) files one through OSS (Online Single Submission), except micro businesses: one report for each business activity and each location, quarterly or half-yearly depending on the size of the business.
Permeninves/BKPM No. 5 of 2025 sets the rules. It has been in force since 2 October 2025 and replaced the 2021 regulation most guidance still cites. Article numbers below refer to it. The dates themselves are on the Indonesia compliance calendar.
What an LKPM report contains, in English
A report covers both the main business activity and any supporting ones (Article 285(2)), and it has six parts (Article 285(3)):
Investment made
Realisasi penanaman modal — what has actually been spent against the investment plan.
Workforce
Realisasi tenaga kerja — the people the business actually employs.
Production
Realisasi produksi barang dan/atau jasa — the goods or services actually produced.
Licence requirements
Pemenuhan persyaratan dasar, PB, PB UMKU — whether the basic requirements, the business licence (PB, Perizinan Berusaha) and any supporting licences (PB UMKU) are met.
Obligations
Pemenuhan kewajiban — training and technology transfer to Indonesian staff, partnership, environment, governance, employment, worker safety and social responsibility (Article 285(4)).
Problems encountered
Kendala yang dihadapi — obstacles the business wants the government to know about.
Who files, and how often
How often a business files depends on its size, not its stage (Article 286(1)). Size is measured by business capital, excluding land and buildings, or by annual sales (Article 25):
- Micro — capital up to Rp1 billion, or sales up to Rp2 billion
- Small — capital up to Rp5 billion, or sales up to Rp15 billion
- Medium — capital up to Rp10 billion, or sales up to Rp50 billion
- Large — capital above Rp10 billion
Every PT PMA (Perseroan Terbatas Penanaman Modal Asing, a foreign-owned company) counts as a large business (Article 26(1)), so every PT PMA files quarterly.
| Files? | How often | Which report | Article | |
|---|---|---|---|---|
| Micro business | No | Not applicable | None | 286(2) |
| Small business | Yes | Every six months | One report | 286(1)(a) and (3) |
| Medium or large, not yet operating | Yes | Quarterly | Preparation stage | 286(4)(a) |
| Medium or large, operating | Yes | Quarterly | Operational stage | 286(4)(b) |
| Representative office | Yes | Every six months | Representative office | 295 |
| Foreign construction office | Yes | Once a year | Representative office | 294 and 296 |
A medium or large business moves from the preparation-stage report to the operational one when it files a “ready to operate” declaration in OSS, not when it makes its first sale (Article 286(6)) — and it keeps filing quarterly either way.
How OSS checks a report
When a business files a report, OSS issues a receipt and verifies the report within three working days (Articles 1(72) and 287(2)). OSS either approves it or sends it back for correction, and the business can correct it only until the reporting deadline (Article 287(3) and (6)).
The verified reports also feed a compliance score in OSS (Article 290):
- 81–100 — very good
- 60–80 — good
- 40–59 — poor
- 0–39 — very poor
A business scored poor or very poor faces administrative sanctions (Article 291(3)).
Common LKPM reporting mistakes
Six mistakes, and what to do instead
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Filing half-yearly because the business is now operating.
How to avoid itFrequency follows size, not stage. A medium or large business, and so every PT PMA, files quarterly at both stages (Articles 26(1) and 286).
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Waiting for the first sale before the first report.
How to avoid itThe duty runs from the day the NIB is issued (Article 285(1)). A business still setting up files the preparation-stage report.
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One report for the whole company.
How to avoid itEach business activity and each location has its own report, supporting activities included (Article 285(1) and (2)).
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Months of reports showing no new investment.
How to avoid itFour periods in a row with nothing added — from the first report, or during the preparation stage — draw sanctions even though every report was filed (Article 373(2)). If the plan has stalled, deal with the plan.
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Filing on the deadline day.
How to avoid itVerification takes up to three working days, and the business can correct a report only until the deadline. File early in the window.
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Working from guidance written before October 2025.
How to avoid itThe 2021 regulation is revoked, filing runs through OSS rather than the old login at BKPM (the investment board), and warnings now count missed periods, with a fine only at suspension.
What missing an LKPM costs
Sanctions start after two missed reporting periods in a row (Article 373(2)), and each rung of the ladder is lifted by filing the next report (Article 374). Counted for a quarterly filer:
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First warning
File the next report and it is lifted (Article 374(1)–(3)).
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Second warning
File the next report and it is lifted (Article 374(4)–(6)).
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Third warning
File the next report and it is lifted (Article 374(7)–(9)).
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Business activity suspended, with a fine
File the next report and pay the fine, and both are lifted (Articles 374(10) and 375).
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Business licence revoked
For a business with a single activity, OSS revokes the NIB automatically as well (Articles 363(3) and 376).
That is six missed quarters — about a year and a half — for a quarterly filer, counted from Articles 373 to 376, and recoverable at every rung but the last. The fine is calculated under a Ministry of Finance regulation, so no figure is given here.
What this means for you
Know which size band your business sits in, because that sets how often you file — and if you are a PT PMA, the answer is quarterly. File for every activity and every location from the day the NIB is issued, and file early enough in the window to correct a report that comes back. A company that has stopped trading still owes its LKPM, as set out in what a dormant company still owes; the rest of the recurring filings are in the compliance checklist for businesses. Where a company would rather not own the filing itself, it sits with corporate secretarial work.