What is meant by the Investment Activity Report?
Based on Article 1 paragraph 25 Regulation of the Investment Coordinating Board Number 6 of 2020 concerning Guidelines and Procedures for Controlling the Implementation of Investment, the Investment Activity Report, hereinafter abbreviated as LKPM, is a report on developments in the realization of Investment and problems faced by Business Actors that must be prepared and submitted periodically.
LKPM consists of:
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LKPM in the construction/construction stage for business activities that are not yet commercially producing/operating; and
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LKPM in the production/commercial operation stage for business activities that are already in commercial production/operation.
Business Actors are required to submit LKPM for each business sector and / or location. The submission of LKPM is carried out online and periodically through the Online Single Submission (OSS) system.
LKPM submission is not required for:
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Business actors with an investment value of up to Rp.50,000,000.00 (fifty million Rupiah); or
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Upstream oil and gas business, banking, non-bank financial institutions, and insurance.
Submission of LKPM refers to data on business licensing and/or licensing, including changes to data listed in the OSS system according to the current period.
LKPM submission is carried out with the following conditions:
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for Business Actors with an investment value of between Rp.50,000,000.00 (fifty million Rupiah) to Rp. 500,000,000.00 (five hundred million Rupiah) must submit LKPM every 6 (six) months (semesters);
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for Business Actors with an investment value of between Rp. 500,000,000.00 (five hundred million Rupiah) to Rp. 10,000,000,000.00 (ten billion Rupiah), must submit LKPM every 3 (three) months (quarter); and
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for Business Actors with an investment value of more than Rp.10,000,000,000.00 (ten billion Rupiah) are required to submit LKPM every 3 (three) months (quarterly).
The LKPM reporting period is submitted as follows:
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The quarter I report is submitted no later than the 10th of April of the year concerned;
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the second quarterly report is submitted no later than the 10th of July of the year concerned;
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the third quarterly report is submitted no later than the 10th of October of the year concerned; and
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the fourth quarterly report is submitted no later than the 10th of January of the following year.
Suria Nataadmadja & Associates Law Firm
Advocates & Legal Consultants