TraceWorthy

We have hit the road... Team TraceWorthy is taking a well-earned breather. We are heading out of town to a Company retreat for a couple of days.

This is the time for us to take a break from the noisy regulatory changes and intense client work over the past six months, to get out of our heads and into our bodies.

See you next week.

We made you a calendar.

TraceWorthy publishes a 2026 calendar that maps every recurring deadline for a foreign investment limited liability company (Perseroan Terbatas Penanaman Modal Asing, or PT PMA) against the operational year. The calendar covers the monthly tax and social security cycle, the quarterly investment activity report (Laporan Kegiatan Penanaman Modal, or LKPM) submissions for medium and large enterprises, the annual corporate income tax return, the annual report deed lodged with the Ministry of Law, and the Mandatory Manpower Report (Wajib Lapor Ketenagakerjaan Perusahaan, or WLKP) annual update.

The calendar uses the corrected 15th-of-the-month LKPM deadline under the Investment Coordinating Board (Badan Koordinasi Penanaman Modal, or BKPM) Regulation No. 5 of 2025, with public-holiday adjustments built in where Article 286 paragraph (7) shifts a date. Each month also reflects the Indonesian fiscal holidays that affect the cycle, including Nyepi, Idul Fitri, Idul Adha, Indonesian Independence Day, and the Islamic New Year.

The calendar is available as a printed copy posted to a Bali address or as a digital PDF emailed on request. To request your copy: email [email protected].

The full article on the financial reporting system that runs underneath the calendar is here:

https://www.traceworthy.com/pt-pma-financial-reporting-system/

A Financial Reporting System for a PT PMA in Indonesia For a PT PMA, the Indonesian reporting year runs every month. The financial reporting system underneath the calendar is what survives deadline season.

Many foreign owners running a PT PMA in Bali treat the LKPM as a form they fill in the days before the deadline. The cost of that approach is becoming clearer under BKPM Regulation No. 5 of 2025, in force since 2 October 2025.

The investment activity report (LKPM) is the quarterly filing on the realisation of a licensed investment, which for a PT PMA starts at above IDR 10 billion per KBLI per project location. Medium and large enterprises file on 15 April, 15 July, 15 October and 15 January of the following year, the dates extended from the 10th under the 2025 regulation. A public-holiday adjustment is announced through the OSS system where a date falls on a closed day.

Several points in the 2025 regulation sit alongside the new deadline. Article 27 requires paid-up capital to remain in the company's bank account for at least 12 (twelve) months, so the regulator sees funds committed before realisation begins. Banking, non-bank finance, insurance and upstream oil and gas, previously exempt, are now within the regime and file on the same schedule. The OSS system can apply a sanction automatically where a company reports nil realisation for four consecutive quarters. A stricter standard now applies to parent-company structures under KBLI 64200, which must show substantive activity in their own right.

The full article covers the filing scope, the quarterly calendar, the contents of each report, the sanctions sequence, and the cross-system reconciliation that protects a company from inconsistency-triggered review.

The financial services team at TraceWorthy performs this work for foreign-owned companies across the cycle, from structuring the investment plan at NIB issuance through to the remediation pathway where a sanction is applied.

https://www.traceworthy.com/investment-activity-report-lkpm/

Investment Activity Report (LKPM): PT PMA Quarterly Filing A PT PMA files the LKPM each quarter from the day its NIB is issued. Missing a 15th-of-the-month deadline escalates to NIB revocation, with a remediation pathway alongside.