Company Reporting Obligations
Corporate reporting obligations refer to the responsibility that companies have to provide information reports that are accurate, transparent, and in accordance with applicable regulations. This reporting aims to ensure that the company runs its operations properly, as well as to provide a clear picture of the company's financial condition and performance to stakeholders such as the government, investors, creditors, and the general public.
OSS
OSS (Online Single Submission) is an integrated electronic business licensing service system launched by the Indonesian government to simplify the process of obtaining business licenses and accelerate licensing in Indonesia.
Best Company Reporting Consulting Services in Indonesia
SIINas
SIINAS (Sistem Informasi Investasi Nasional) is a system used by the Indonesian government to facilitate reporting and monitoring of investment activities in Indonesia.
WLKP
WLKP (Wajib Lapor Kegiatan Penanaman Modal) It is an obligation for companies conducting Foreign Direct Investment (PMA) or Domestic Direct Investment (PMDN) to report their investment activities to the Indonesian government, specifically the Ministry of Investment.
FAQ
Why do I need to report LKPM, SIINAS, and WLKP regularly, and what are the consequences if I don't?
Reporting LKPM, SIINAS, and WLKP regularly is an obligation for companies investing in Indonesia. These reports are used by the government to monitor investment realization, economic impact, and job creation. If companies do not report or report late, they may be subject to administrative sanctions, such as fines or restrictions on facilities provided by the government, including tax exemptions or other investment incentives.
WIT Pyramid Consultancy will ensure that your report is submitted on time and in accordance with applicable regulations.
What are the benefits of using WIT Pyramid Consultancy services for OSS, LKPM, SIINAS, and WLKP management?
Using the services of WIT Pyramid Consultancy provides various benefits:
Time Efficiency: We help you take care of the entire process of applying for licenses and administrative reports quickly and without problems.
Professional Assistance: Our team of experts will ensure all requirements are met and reports are prepared accurately.
Regulatory Compliance: We will ensure your company complies with all government regulations related to licensing and reporting, avoiding the risk of fines or sanctions.
Access to Incentives: With the right arrangement, your company can more easily access investment facilities such as tax holidays, VAT exemptions, and more.
Ongoing Consultation: We not only assist in the initial arrangement, but also provide ongoing support in reporting and monitoring the investment.
How long does it take to apply for OSS, LKPM, SIINAS, and WLKP?
The time required to apply for OSS, LKPM, SIINAS, and WLKP varies depending on the complexity and type of permit or report required. In general:
OSS can be completed within a few days to obtain a Business Identification Number (NIB) and business license.
LKPM, SIINAS, and WLKP usually take several weeks for data collection, report preparation, and submission to the authorities.
We at WIT Pyramid Consultancy are committed to expediting this process and ensuring everything is completed in a timely manner.
Is my company eligible to use the incentive facilities through OSS?
Any company investing in Indonesia, whether PMA or PMDN, can apply for incentives through OSS, such as Tax Holiday or Tax Allowance, depending on the business sector, investment location, and investment amount. WIT Pyramid Consultancy will help you analyze whether your company meets the criteria for such facilities and take care of the application. We will ensure that all the necessary documents and requirements are met correctly.
WPC has been trusted to assist hundreds of Business Licensing and Company Establishment from micro, small, medium, large scale and with various business models. A professional consulting firm that focuses on providing complete solutions in the fields of business licensing, business planning, and regulatory management.