Yes. LKPM reporting starts as soon as your Business Identification Number (NIB) and project permits are active — even if you haven’t begun operations. During the pre-operational phase, you must still report any capital expenditures (CapEx), such as:
- land acquisition
- construction
- equipment purchases
- early investments related to the project
If no spending occurred, you must still submit the LKPM with “no activity” to remain compliant.