For foreign-owned companies in Indonesia, submitting the LKPM (Investment Activity Report) is an important part of maintaining business compliance. For medium and large businesses, LKPM is submitted every three months through the OSS (Online Single Submission) system.
For the third quarter of 2026, covering July to September 2026, the deadline for submitting LKPM is 15 October 2026.
If your PT PMA has made investments, purchased assets, hired employees, started operations, or progressed with a project during Q3, the information should be reviewed carefully before the report is submitted.
This checklist explains what PT PMA owners and foreign investors should prepare before the Q3 2026 LKPM deadline.
What Is LKPM?
LKPM stands for Laporan Kegiatan Penanaman Modal, or Investment Activity Report.
It is a periodic report submitted through the OSS system to report the progress and realization of investment activities in Indonesia.
Under Minister of Investment and Downstream Industry/Head of BKPM Regulation No. 5 of 2025, medium and large businesses are required to submit LKPM every three months. The regulation also distinguishes between businesses that are still in the preparation stage and those that are already operational or commercially active.
For many foreign-owned businesses, LKPM is therefore not simply an administrative form. It forms part of the government’s monitoring of investment realization and business compliance.
When Is the Q3 2026 LKPM Deadline?
For medium and large businesses, the current reporting schedule is:
| Reporting period | Period covered | Deadline |
| Q1 2026 | January–March | 15 April 2026 |
| Q2 2026 | April–June | 15 July 2026 |
| Q3 2026 | July–September | 15 October 2026 |
| Q4 2026 | October–December | 15 January 2027 |
The Q3 report must therefore cover investment and business activities during 1 July to 30 September 2026.
The deadline of 15 October comes from Article 286 of Minister of Investment and Downstream Industry/Head of BKPM Regulation No. 5/2025. This regulation has been in force since 2 October 2025 and replaced the previous BKPM regulations governing this area.
If the reporting period coincides with a national holiday, the reporting period may be adjusted through an official announcement to business actors.
Does Your PT PMA Need to Submit LKPM?
The first question is not simply whether a company is foreign-owned. The reporting obligation depends on the business scale and applicable LKPM requirements.
Under the current regulation, LKPM reporting applies periodically to medium and large businesses. Micro businesses are not required to submit LKPM, while small businesses follow a six-month reporting cycle. Medium and large businesses report every three months.
For a PT PMA, this means the company’s current business classification and activities should be checked rather than assuming that every company has exactly the same reporting obligation.
If your PT PMA falls within the medium or large business category, Q3 LKPM should be prepared and submitted by 15 October 2026.
Q3 2026 LKPM Checklist for PT PMA
Before submitting your LKPM, check that the company’s OSS information and Q3 business data are consistent.
1. Check the company’s OSS information
Start by reviewing the company’s information in OSS.
Check the company’s:
- Business Identification Number (NIB)
- business activities and KBLI
- business locations
- business status
- investment projects
operational or commercial status
If there have been changes to the company’s business activities, ownership, location or other relevant information, these should be reviewed before the LKPM is submitted.
An inconsistency between the company’s actual activities and its OSS records can create unnecessary compliance issues.
2. Gather Q3 investment realization data
LKPM is not simply a report of revenue.
The report focuses on the progress and realization of the company’s investment activities. Your finance and accounting records should therefore be reviewed to identify relevant investment realization during July, August and September 2026.
Depending on the company’s activities, this may include investment in areas such as equipment, machinery, buildings, land-related investment where applicable, other fixed assets, working capital and other qualifying investment components.
The figures should be supported by the company’s accounting and transaction records.
Do not estimate investment figures simply to meet the investment plan. The LKPM should reflect the company’s actual position and be consistent with supporting records.
3. Check the company’s investment plan versus actual realization
One common area that requires attention is the difference between the investment plan and actual investment realization.
For example, a PT PMA may have initially planned a significant investment but experienced delays in construction, equipment purchases or business operations.
This does not automatically mean that the company should report the planned amount as if it had already been invested.
The LKPM should reflect the actual realization and progress of the business. If there is a significant difference between the investment plan and the company’s actual progress, it is sensible to review the reason and supporting documents before submission.
4. Review employment information
If the company has employees, check that the information reported in LKPM is consistent with the company’s actual workforce.
This is particularly important for businesses that have recently started operations or expanded their activities.
The company’s employment records, payroll information and LKPM figures should tell a consistent story.
5. Check whether the business is still in preparation or already operating
The current regulation distinguishes between:
| Business stage | LKPM category |
| Not yet operational or conducting commercial transactions | Preparation stage |
| Ready for or already conducting operations/commercial transactions | Operational and/or commercial stage |
For a company moving from development into actual operations, this distinction can become important.
Under the current regulation, an operational/commercial LKPM is submitted after the business actor completes the relevant declaration of readiness for operational and/or commercial activity in OSS.
If your PT PMA started operating during Q3 2026, review whether its OSS status and LKPM reporting stage have been updated appropriately.
6. Check supporting documents
Before submitting the report, keep supporting documents available for the figures reported.
Depending on the company’s activities, these may include accounting records, invoices, purchase documents, contracts, payroll records, construction documents and other evidence supporting the reported investment realization.
The objective is simple: the information in LKPM should be traceable back to the company’s records.
What Happens After LKPM Is Submitted?
After LKPM is submitted through OSS, the system issues a receipt of submission. The relevant government authorities can then verify and evaluate the submitted LKPM through OSS.
This means submitting the report is not necessarily the end of the compliance process.
The reported information should be accurate, consistent and capable of being supported if the company is asked for clarification.
The current framework also allows the government to assess business compliance based on LKPM verification and take follow-up measures where appropriate. These may include guidance, administrative sanctions and/or field inspections.
Common LKPM Mistakes PT PMA Owners Should Avoid
Many LKPM problems are not caused by deliberately incorrect reporting. They can arise because the company’s legal, financial and operational records have not been properly coordinated.
Common issues include reporting investment figures that cannot be supported by accounting records, failing to update changes in business activities, using outdated OSS information, incorrectly reporting the company’s operational stage, or submitting the report without checking the information against the company’s actual activities.
For foreign-owned businesses, another common problem is treating LKPM as a routine form that can be completed at the last minute.
A better approach is to prepare the figures before the reporting window closes and allow time to review inconsistencies.
Q3 2026 LKPM Deadline: What Should PT PMA Owners Do Now?
If your PT PMA is required to submit quarterly LKPM, 15 October 2026 should be treated as a compliance deadline, not a preparation date.
Before submission, review:
| Checklist | What to verify |
| OSS | NIB, KBLI, business locations and company information |
| Investment | Actual Q3 investment realization |
| Accounting | Figures match financial and transaction records |
| Business stage | Preparation or operational/commercial status |
| Employees | Workforce information is consistent |
| Supporting records | Documents support reported figures |
| Submission | LKPM submitted through OSS before 15 October 2026 |
| Receipt | OSS submission receipt is retained |
Preparing the report early also gives the company time to address issues that may arise from discrepancies between its actual activities and its OSS records.
Need Help With Your PT PMA LKPM?
LKPM compliance is part of the broader regulatory obligations of operating a foreign-owned company in Indonesia.
If your PT PMA has experienced changes in investment, business activities, location, employees or operational status during 2026, it is worth reviewing these changes before submitting the Q3 report.
ILA Global Consulting can assist PT PMA owners and foreign investors with LKPM preparation, OSS compliance and broader corporate and investment compliance in Indonesia.
Contact ILA Global Consulting to review your company’s Q3 2026 LKPM before the 15 October 2026 deadline.
Legal Reference
This article is based primarily on Minister of Investment and Downstream Industry/Head of BKPM Regulation No. 5 of 2025 concerning Guidelines and Procedures for Risk-Based Business Licensing and Investment Facilities through the OSS System, particularly the provisions governing LKPM reporting. The regulation entered into force on 2 October 2025 and revoked the previous BKPM Regulations No. 3, 4 and 5 of 2021.
Regulatory requirements may depend on the company’s business scale, business activities and status in OSS. This article is for general information and should not be treated as legal advice for a specific company.
