Dept. of Treasury FinCEN BOI
Starting Jan. 1 of 2024, Treasury Department requires all businesses registered in US to provide Beneficial Ownership Information (BOI) for any person or company that owns or controls a company.
Companies registered in 2023 have till end of 2024 to file Beneficial Ownership Information Report (BOIR)
FinCEN does not charge for this report.
for complete details of questions, please click on the bottom below to get more information from FinCEN.gov/BOI.
FinCen-BOI FAQ
Yes, you can file via manual or online, please go tohttps://fincen.gov/boi and follow the instructions on the page.
Yes, we can file your BOIR for only $59
Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury
Accordion Sample DescripBOI stands for Beneficial Ownership Information, which is a requirement for many US companies to report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). Beneficial owners are the people who ultimately own or control a company, either directly or indirectly. This can include senior officers, people who can appoint or remove certain officers or directors, important decision-makers, or people who own at least 25% of the company's ownership interests.
A company that is created or registered to do business in US by filing of a document with a U.S. territory’s secretary of state or similar offices.
In 2021, Congress passed the Corporate Transparency Act on a bipartisan basis. This law creates a new beneficial ownership information reporting requirement as part of the U.S. government’s efforts to make it harder for bad actors to hide or benefit from their ill-gotten gains through shell companies or other opaque ownership structures.
nCEN launched the BOI E-Filing website for reporting beneficial ownership information (https://boiefiling.fincen.gov) on January 1, 2024.
A reporting company created or registered to do business before January 1, 2024, will have until January 1, 2025, to file its initial BOI report.
A reporting company created or registered in 2024 will have 90 calendar days to file after receiving actual or public notice that its creation or registration is effective.
A reporting company created or registered on or after January 1, 2025, will have 30 calendar days to file after receiving actual or public notice that its creation or registration is effective.
A reporting company created or registered to do business before January 1, 2024, will have until January 1, 2025 to file its initial beneficial ownership information report.
A reporting company created or registered on or after January 1, 2024, and before January 1, 2025, will have 90 calendar days after receiving notice of the company’s creation or registration to file its initial BOI report. This 90-calendar day deadline runs from the time the company receives actual notice that its creation or registration is effective, or after a secretary of state or similar office first provides public notice of its creation or registration, whichever is earlier.
Reporting companies created or registered on or after January 1, 2025, will have 30 calendar days from actual or public notice that the company’s creation or registration is effective to file their initial BOI reports with FinCEN.