Tuesday 14 October 2008

Report of capital investment activity

After obtaining a BKPM Approval, PT PMA has obligation to submit a report of Capital Investment Activities (“Laporan Kegiatan Penanaman Modal or LKPM”) to BKPM. PT PMA that has not yet obtained a Permanent Business License (“IUT”), shall submit a Semi Annual Report of LKPM to BKPM. Whilst, PT PMA that has obtained IUT shall submit an Annual LKPM. The said report is in the standard form of BKPM. Furthermore, the copies of LKPM also shall be delivered to the relevant government institutions, such as Department of Trade, Bank Indonesia or the Regional Office of the relevant technical department.

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