LKPM Reporting for Q1 2026: What PMA Companies Should Do Now
LKPM Submission
If you have not received the reminder from the Indonesian Investment Coordinating Board ("BKPM"), kindly treat this as a reminder to submit LKPM to BKPM for the 1st quarter of the year 2026. Indonesian foreign investment companies (perusahaan penanaman modal asing - "PMA companies") are required to report the realisation of their investment activities in Indonesia in the form of online LKPM to BKPM every quarter while they are both in the construction/preparation stage and operational/production stage.
Although the regulation sets the submission deadline on the 15th day of the following month after the completion of each quarter, BKPM currently continues to apply the quarterly reporting deadlines in practice as follows:
15 April for the 1st Quarter
15 July for the 2nd Quarter
15 October for the 3rd Quarter
15 January for the 4th Quarter
In some cases, BKPM may allow limited extensions. BKPM will also typically send an email reminder to the contact registered under the company’s profile.
Current Practice
In the previous quarters, BKPM has increased the monitoring and supervision of LKPM submission and has sent warning letters to companies which have not submitted LKPM for 2 consecutive periods. Such warnings will typically be resolved/revoked once companies submit the required LKPM for the current period.
In addition, BKPM also recently requires PMA companies to report a certain investment realisation amount (ie. an investment realisation amount that is above the average amount of capital investment plan compared to the total reporting period until the company is ready for commercial production/operation). Although there are PMA companies that received this feedback from BKPM, there are also other PMA companies with nil or minimal investment realisation that do not receive such feedback.
This suggests that BKPM is starting to look into the capital investment realisation amount or substance of LKPM submission, as opposed to the mere submission of the same. As the request is fairly new and varies from one case to another as noted above, it remains to be seen whether BKPM will adopt a similar approach in this quarter and the following quarters.
Kindly check the registered email address of your company to see if you receive this notification/warning letter.
What Companies Should Do Now
Confirm whether the company is currently classified as being in the construction/preparation stage or the operational/production stage.
Review the company’s registered email address and OSS access credentials.
Reconcile the LKPM draft against actual investment activity, manpower, project progress, and business stage.
Check whether any prior LKPM submission remains flagged for correction or follow-up.
Submit the Q1 2026 LKPM by 15 April 2026.
