The Investment Activity Report (LKPM)
According to Article 15 of the Indonesian Investment Act and Article 7 (c) of the Badan Koordinasi Penanaman Modal (BKPM) Regulation No. 7/2018, each investor must submit The Investment Activity Report periodically. Because it is periodically, the report must be submitted every 3 months to BKPM. The Report or known as LKPM is consists of the data concerning the development of investment realization and the problems faced by investors. The LKPM report has a function to monitor and evaluate the progress of implementation investments that have received investment permits. Besides, The Investment Activity Report (LKPM) also has the function as:
- The progress of investment realization per sector and location regularly
- The development of employment
- Information on problems faced by investors
- One source of information considered in the policy set
The Investment Activity Report (LKPM) Period Report and How to Report
The Investment Activity Report (LKPM) Period Report starts from the date of issuance of the business permit.Hence, the investor must submit LKPM quarterly in January, April, July, and October. On the other hand, every investor must deliver LKPM Report no later than 10th every quarter. LKPM can be done by an online system. In addition, this LKPM Online System can be accessed using the same access rights (username and password) as the Online Licensing System (SPIPISE).
Reporting LKPM with Indo-Ned Consultancy
The information provided here is based on our long experience. The process or requirement may vary depending on the specific facts and conditions. Besides, the law and regulations in Indonesia subject to frequent changes. Please contact us as your consultant to get an up to date information and accurate advice. More Information click here and You can also follow our social media accounts to see the latest information posts. please click on the following links: Facebook, Instagram, Linkedin, and Twitter.