1. What Happened? 📢
On September 19, 2025, the Government of Indonesia enacted Government Regulation No. 43 of 2025 (PP 43/2025) concerning Financial Reporting.
Legal Basis:
– Government Regulation No. 43/2025 (PP 43/2025)
– Law No. 4 of 2023 (UU P2SK) – Law on Financial Sector Development and Strengthening
Key Innovation: PP 43/2025 introduces a unified national reporting system. Reports must now be submitted through a centralized electronic platform managed by the Ministry of Finance — Platform Bersama Pelaporan Keuangan (PBPK).
2. Who Does This Affect? 🎯
According to Article 3 of PP 43/2025, the reporting obligation applies to all entities legally required to prepare financial statements:
– Limited Liability Companies (PT / PT PMA) 🏢
– Public Companies / Listed Entities 📊
– Financial Sector Institutions (banks, insurance, fintech, capital market companies) 💳
– Other entities legally required to maintain accounting records
Important: The scope is broad and not limited to financial institutions. If you own a PT PMA, you are subject to these new rules.
3. What’s Changing? 🔄
How It Was Before:
Financial reports were submitted separately to different regulatory bodies (tax office, statistics agency, industry regulators). Data lived in different systems.
How It Is Under PP 43/2025:
– Reports are submitted once through the unified PBPK platform (Ministry of Finance)
– Data is digitally integrated and shared across all relevant authorities
– Reports must comply with Indonesian accounting standards (**SAK**)
– A formal statement of responsibility is required, signed by authorized company management
Key Principle: “Submit once — data goes to everyone who needs it.”
4. When Does It Become Mandatory? ⏰
– Legal Effect: PP 43/2025 came into force on September 19, 2025
– Implementation: Will be phased
First Major Reporting Year:
It is expected that 2027 will be the first year of mandatory reporting through PBPK for public companies and regulated entities.
This means that financial reports for the 2026 Fiscal Year, submitted in 2027, must be filed through the PBPK platform.
For Other Entities, Including PT and PT PMA:
Final deadlines will be determined by further Ministry of Finance regulations. However, businesses should start preparing for reporting via PBPK as early as the 2026 Fiscal Year.
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5. What Does This Mean for Business Owners? 🤔
1. Financial reporting becomes part of a unified national data system. Your numbers no longer “sit separately in different agencies” — they are in one integrated database.
2. Inconsistencies between financial statements and tax returns will be easier to detect. The system itself will be able to cross-check them.
3. Stronger internal accounting controls will be required. Errors and discrepancies will become more visible.
4. Preparation for digital submission via PBPK needs to start now, not at the last minute before the 2026 deadline.
PP 43/2025 marks a structural shift toward centralized, digitized financial reporting in Indonesia. This is not just another formality, but a fundamental change to the rules of the game.
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💡 Key Takeaway
PP 43/2025 closes the era of fragmented reporting. Your financial data will now exist in a unified digital space accessible to all regulators. This increases business transparency and raises the bar for accounting quality. Treat this as an opportunity to streamline your finances, not just as another bureaucratic hurdle.
Need help preparing your accounting systems or understanding the new requirements? We’re here to help! 💙
