Operations · Timeline

Annual report production timeline: from fiscal close to the AGM

Short answer

After fiscal close (commonly 31 December), a company finalizes audited financial statements, then produces the annual report (narrative, governance, sustainability) for approval at the Annual General Meeting (AGM), which under the Limited Liability Company Law must be held no later than 6 months after fiscal year-end. For issuers, the annual report is also filed with OJK and published per the rules. Because audit and production run in parallel, starting early drives quality.

General stages

Stage	Activity
Fiscal close	End of fiscal year (e.g., 31 December); final data gathering.
Audit	Audit of financial statements by a public accountant.
Production	Narrative, governance, management analysis, sustainability writing; design and translation (bilingual).
Finalization	Internal review, Board approval, print/digital.
Annual GMS	Report approval; required within 6 months of fiscal year-end (Law 40/2007).
Filing	Filing with OJK & IDX and publication per issuer rules.

Critical points

Audit dependency, the financial section waits on the audit; prepare narrative elements early to avoid a bottleneck.
Bilingual, the English version must equal the Indonesian (SEOJK 16/2021); allocate time for translation and alignment.
Sustainability, ESG data is often the last to arrive; start collection early.

Because the Annual GMS is capped at 6 months, many issuers begin non-financial elements in the final quarter of the fiscal year, in parallel with the audit.

Frequently asked questions

By when must the Annual GMS be held?

Under Law 40/2007 on Limited Liability Companies, the Annual GMS must be held no later than 6 months after fiscal year-end.

How long does an annual report take?

Depending on complexity, generally several months, running in parallel with the audit. Narrative and design elements should start before the audit concludes.

Is an English version required?

For issuers, SEOJK 16/2021 sets equivalence between Indonesian and English annual reports; allocate time for translation and alignment.

What most often causes delays?

Waiting on the audit and late ESG data. Starting non-financial elements early reduces this risk.

Official sources

Law No. 40 of 2007 on Limited Liability Companies (Annual GMS within 6 months of fiscal year-end).
SEOJK 16/SEOJK.04/2021 on annual report content and form.
POJK 29/POJK.04/2016 on issuer annual reports.
Official references: OJK

Keeping your annual report on schedule?

SAMCGI prepares annual reports for issuers and SOEs with a workflow that protects deadlines, organizing narrative, governance, and sustainability in parallel with the audit. We prepare the discipline, not promise outcomes.

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Compiled June 2026 from official sources. Regulations and practices evolve; verify the latest OJK/IDX/IAI/KNKG provisions before making decisions. This page is informational, not legal or accounting advice.