LKPM for Businesses in Bali in 2026: What Reports PT PMA Companies Must Submit and Why Late Filing Is Risky

If a foreign investor has opened a PT PMA in Bali, the paperwork does not end after company registration.

The company obtains an NIB, registers in OSS, opens a corporate bank account, prepares the business, or starts receiving payments. At the same time, it becomes subject to a regular reporting obligation: the investment activity report.
In Indonesia, this report is called LKPM.

LKPM is not a tax return and it is not a standard accounting report. It is an investment report that shows the government what is happening with the company after registration: how much investment has actually been realized, whether the company has employees, whether business activity has started, what goods or services are being produced, which permits have been completed, and what obstacles the business is facing.

For PT PMA companies in Bali, this report is especially important. If a company does not submit its reports, files zero-value reports without explanation, or misses reporting periods, OSS may trigger an enforcement process. Under Permen Investasi/BKPM No. 5 Tahun 2025, failure to comply with investment reporting obligations may result in warnings and, if the violation continues, temporary suspension of business activities.

LKPM is a regular investment report submitted by the company through the OSS system.

In this report, the company shows:

• how much investment has already been realized;
• how many employees the company has;
• whether there are foreign employees;
• what goods or services the company produces or provides;
• which permits and additional documents have been completed;
• which obligations have been fulfilled;
• what problems are preventing the launch or operation of the business.

The 2025 BKPM regulations state that the investment report includes data on investment realization, employees, production of goods or services, fulfillment of basic and additional requirements, company obligations, and problems faced by the business.

This means the government wants to see that the company is not merely registered, but is actually implementing the declared investment project.

If a PT PMA was opened for a restaurant, villa management, tourism, real estate, consulting, or any other business, the reports must clearly show what is happening with that project after registration.

The obligation depends on the business scale and company status. In this article, we focus primarily on medium-sized and large businesses with foreign investment: PT PMA companies.

Under the 2025 BKPM regulations, medium-sized and large businesses must submit LKPM reports once every three months. This is stated directly in Article 286 of Permen Investasi/BKPM No. 5 Tahun 2025.

It is also important to understand that if the company has several business activities, several locations, or several projects, one consolidated report for the entire company may not be sufficient. It is necessary to check which projects appear in OSS and for which of them the system requires a report.

Otherwise, the company may face issues with the relevant license or business activity that was not properly reported.

For medium-sized and large businesses, the investment report is submitted every quarter.

Sometimes, the filing deadline may coincide with a national holiday. In such cases, the filing period may be adjusted by an official notice. The 2025 BKPM regulations separately state that if the deadline falls on a national holiday, the deadline may be adjusted through an official notice to businesses.

However, this should not be treated as a reason to delay the report. Such adjustments are technical changes to the period during which the report may be accepted or reviewed, not an invitation to prepare the report at the last moment.

For PT PMA companies in Bali, it is better not to wait until the last day. OSS may be slow, data may fail to load, access may still be controlled by an old consultant, and some fields may require correction. The report should be prepared in advance, not on the evening of the 15th.

The investment report should not be filled in randomly.
Some data is pulled from OSS automatically: company name, NIB, business activity number, business activity type, head office address, and project location. This is visible in the official report format for an operating company.

The remaining data must be prepared by the company.

For a PT PMA in Bali, this means that the accountant, director, and consultant must understand what actually happened in the company during the reporting period.

If the company bought equipment, rented an office, hired employees, launched advertising, started receiving payments, or changed its business direction, this must be reflected in the report.

For medium-sized and large businesses, the rules distinguish between two company stages:

The difference matters.
If the company is still preparing for launch, the report should reflect preparation activity: rent, renovation, purchase of equipment, permit processing, employee recruitment, project preparation, and document work.

If the company is already operating, the report should reflect operational activity: services, sales, employees, production, and actual transactions.
A company should not be shown for years as being “in preparation” if it is already accepting clients and receiving payments.

At the same time, active commercial operations should not be reported if the company has not actually launched. The report must reflect accurate data and explain the company’s current status.

Many PT PMA owners do not realize that even if the company is not yet operating, submitting a zero-value report may still be risky.

If the company genuinely has no active operations, no employees, no full project launch, and no active sales, this does not automatically mean that nothing is being spent for the benefit and development of the business. There are important nuances here that every business owner should understand.

If the company is already renting premises, renovating, buying equipment, paying contractors, receiving bookings, running Instagram, accepting payments, or hiring people, a completely empty or incomplete report looks suspicious.

The 2025 BKPM regulations provide sanctions not only for failure to submit reports. Sanctions may also apply if the company submits reports for four consecutive periods without additional investment realization, or if, during the preparation stage, there is no additional investment realization for four consecutive periods.

For PT PMA companies in Bali, this is an important point.

If the company exists only on paper and shows no movement for a full year, OSS may treat this as a problem.
If movement exists but the company does not report it, the problem becomes even more serious: the report no longer matches the company’s real activity.

The investment report should not be treated as an optional formality.
If the company does not submit reports, sanctions may apply in stages.

Under the 2025 BKPM regulations, if a company does not submit the investment report where required, it may receive a first warning. If the company does not correct the issue in the next period, a second warning may be issued. Then a third warning may follow. If the company continues to ignore the reporting obligation, temporary suspension of business activities may follow.

In practice, this may result in:

• notifications in OSS;
• an urgent need to close missed reporting periods;
• problems with new permits;
• questions during a review or inspection;
• risk of suspension of business activities;
• problems when updating company data;
• complications with KITAS support;
• additional questions about the reality of the investment project.

If reports were not submitted, the first step is to check the reporting periods, company status, OSS projects, and system access. After that, the company should resolve the issues in the correct order.

For PT PMA companies in Bali, the investment report is connected not only to OSS.
It affects the entire company profile.

For example, a foreign national receives an Investor KITAS through a PT PMA. The company has an NIB, but does not submit reports, does not show investment, has no employees, and shows no movement.

On paper, the company exists. But if it does not demonstrate project development and does not fulfill its regular obligations, a review may raise the question: what is the real basis for the structure?

Another example: a company is actually managing villas, receiving money from guests, and running social media. But in the investment reports, there are no employees, no operations, no investment realization, and no explanation.

In this case, the reports do not protect the company. They show a gap between the declared structure and the real activity of the business.

LKPM should not be prepared on the last day.
First, collect the data for the reporting period.

After that, the data must be reconciled.

If OSS shows one business activity code, but the company is actually operating in another field, the investment report will not fix the problem. First, it is necessary to understand what should be done with the codes, permits, and actual activity.

If the legal address is not controlled, OSS access is held by an old agent, or the director does not understand which projects are open in OSS, it is better to seek assistance from a licensed agency, such as Sunrise Business.

It is also important to check the report status after submission.
Filling in a draft is not enough. OSS must issue a confirmation of submission. The 2025 BKPM regulations state that the OSS system issues confirmation after the investment report is submitted.

First, we review what is actually happening with the company.

Sunrise Business checks:

• whether there is access to OSS;
• which projects are open in the system;
• which business activity codes are listed;
• which reporting periods have already been completed;
• which periods were missed;
• what status previous reports have;
• what stage the company is in;
• whether there is investment realization;
• whether there are employees;
• whether the reporting matches the tax position;
• whether the company’s actual activity differs from its KBLI;
• whether the reports create risks for foreign nationals’ KITAS.

After that, we help prepare the data and submit the report correctly.
If reports have already been missed, we first assess the scale of the problem. Then we build the order of action: what can be submitted, which explanations are needed, what data must be collected, what should be corrected in OSS, and where the sanctions risk exists.

Our objective is to make sure the investment reports match the company’s real operations, taxes, employees, permits, and future PT PMA actions.

Contact Sunrise Visa.

We first analyze your business model and then review:

• KBLI;
• the existing corporate structure;
• risks related to the articles of association;
• company address;
• OSS status;
• possible restrictions.

If your project involves villas, short-term rental, real estate, transport, tourism, consulting, or retail, the legal structure should be reviewed before registration or before amendments are made.
This helps prevent you from spending money on a company or corporate amendment that cannot properly support the intended business.