Introduction
One of the most notable changes introduced under BKPM Regulation No. 5 of 2025 is the extension of the LKPM (Investment Realization Report) submission deadline.
The new rule officially moves the reporting deadline from the 10th to the 15th of the reporting month, giving businesses additional time to compile and submit accurate investment data through the OSS-RBA (Online Single Submission – Risk-Based Approach) system.
This adjustment is stipulated in Article 285(3) of BKPM Regulation No. 5/2025 and reflects the government’s ongoing effort to enhance reporting efficiency and compliance flexibility for businesses of all sizes.
BKPM Regulation - Updated LKPM Reporting Schedule
Under the revised provisions, reporting frequency and timelines are determined by business scale — distinguishing between small-scale enterprises and medium-to-large businesses.
1. Small Enterprises — Semester-Based Reporting
Small businesses are now required to submit LKPM twice a year (semiannually) according to the following schedule:
- January – June period: submission no later than 15 July of the same year;
- July – December period: submission no later than 15 January of the following year.
This relaxed schedule allows small enterprises to focus on operational activities while maintaining compliance with national investment reporting obligations.
2. Medium and Large Enterprises — Quarterly Reporting
For medium and large-scale businesses, LKPM must be submitted every quarter (quarterly), according to the following schedule:
| Quarter | Reporting Period | Submission Deadline |
| Q1 | January – March | 15 April |
| Q2 | April – June | 15 July |
| Q3 | July – September | 15 October |
| Q4 | October – December | 15 January (following year) |
These deadlines ensure that larger companies maintain regular communication and transparency with BKPM regarding their investment progress.
If the reporting deadline coincides with a national holiday, the submission schedule will be adjusted and officially announced through the OSS-RBA system.
BKPM Regulation - Why the Deadline Extension Matters
The extension from the 10th to the 15th may appear minor, but it has significant operational benefits.
It allows companies — especially those managing multiple projects or business locations — to:
- Collect and verify investment data more accurately;
- Reduce last-minute administrative errors;
- Ensure consistency between financial records and LKPM submissions; and
- Strengthen compliance with OSS-RBA digital reporting standards.
By providing a more reasonable timeline, the government aims to improve the quality and reliability of LKPM submissions while reducing the administrative burden on investors.
Conclusion
The extension of the LKPM submission deadline under BKPM Regulation No. 5/2025 is a practical step toward improving Indonesia’s investment reporting ecosystem.
By offering businesses five extra days to submit reports, the government supports more accurate data reporting and smoother coordination between investors and regulatory authorities.
This change reinforces Indonesia’s ongoing effort to create a more transparent, efficient, and investor-friendly environment, in line with the modernization of its risk-based licensing framework.