NOTICE :

BOIR E-filing System

Our BOIR E-Filing System supports the electronic filing of the Beneficial Ownership Information Report (BOIR) under the Corporate Transparency Act (CTA). The CTA requires certain types of U.S. and foreign entities to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury.

What Is The Beneficial Ownership Information Report (BOIR)?

The Beneficial Ownership Information Report (BOIR) is a crucial requirement introduced under the Corporate Transparency Act (CTA) for
businesses in the United States, The BOIR ensures transparency in ownership structures and plays a significant role in combating financial
crimes, such as money laundering.

BusinessBOIR.com makes it easy for businesses to file their Beneficial Ownership Information Report. BOIRegistration is not affiliated with the U.S. Government or the Financial Crimes Enforcement Network (FinCEN). We offer financial accounting services to businesses across the US.

Filing Process

The BOIR Filing Process

BOI reports are mandatory for most businesses in the U.S., requiring the disclosure of key information about those who own or control a company. Compliance with FinCEN’s regulations helps prevent money laundering and ensures transparency.

Our platform guides you through the entire process of filing Beneficial Ownership Information (BOI) reports, ensuring compliance with the latest FinCEN regulations. Whether you are an established business or just starting, we help you meet all necessary deadlines.

Whether you’re a small business or a large corporation, navigating the BOI filing process can be complex. Let us simplify the process and ensure you stay compliant with all relevant laws and deadlines.

Our platform offers automated alerts and reminders to help you avoid late submissions. No need to stress about the paperwork – we handle everything so you can focus on your business.

Gather Information

We guide you through gathering the necessary details about your company and its beneficial owners, ensuring compliance with federal regulations.

Easy Questionaire

Complete Our Short and Easy Questionnaire. We'll reach out to you if we need anything else.

Submit Your Report

Once the information is gathered and verified, we handle the submission of your BOIR to ensure timely and accurate compliance with regulations.

Customer Support

In case something's left or even to share an update with you, our customer support team will contact you.

Frequently Asked Questions About Beneficial Information Ownership Report

If you can’t find what you’re looking for, reach out to our support team at:
support@businessboir.com and one of our team members will get back to you as soon as possible.

What is a BOI report?

A BOI (Beneficial Ownership Information) report is a filing requested by FinCEN. It contains details about the individuals who own or control a business entity, ensuring greater transparency in corporate structures.

Who should file a BOI report?

Most businesses formed or operating in the U.S. should file BOI reports, including corporations and LLCs. However, certain large, regulated entities (like publicly traded companies) and some exempt organizations may not need to file. Always check FinCEN guidance or consult a professional if uncertain.

When is the deadline for filing a BOI report?

Following a recent court decision, most reporting companies are again required to file. Entities formed before January 1, 2024, have until January 13, 2025 to submit their reports. Companies created on or after January 1, 2025, generally have 30 days from their effective formation to file. Special extensions apply for companies created during the injunction period (e.g., between December 3 and December 23, 2024) and for those qualifying for disaster relief.

What information is required in a BOI report?

You must provide personal details for each beneficial owner, including name, date of birth, residential address, and a government-issued ID number (e.g., driver’s license, passport). Ensure all information is accurate and up to date.

How often do I need to update my BOI report?

You should update your BOI report within 30 days of any changes, such as adding a new beneficial owner or altering existing ownership information. This ensures FinCEN records remain accurate.

What happens if I do not file a BOI report?

Companies that fail to file by their applicable deadline may face financial and legal consequences, including daily fines. Some exceptions remain for certain plaintiffs involved in ongoing court cases or for those qualifying for disaster relief, but most businesses are currently required to file. Stay informed and comply promptly to avoid penalties.

Can I amend my BOI report if I discover an error after submitting it?

Yes. If you find incorrect or missing information after filing, promptly submit an amended BOI report to FinCEN. This helps ensure that your data stays accurate and compliant with current requirements.

Reporting Company Exceptions

The Corporate Transparency Act outlines 23 exemptions from the requirement to report beneficial ownership information. Explore the list below to see if your business qualifies.

Securities Issuers
Domestic Governmental Authorities
Banks
Credit Unions
Money Service Businesses
Brokers Dealers
Investment Companies and Advisers
Insurance Companies
Public Accounting Firms
Public Utilities
Financial Market Utilities
Pooled Investment Vehicles
Entities Assisting Tax-Exempt Entities
Large Operating Companies
Subsidiaries of Exempt Entities
Inactive Entities
Insurance Producers
Certified Public Accounting Firms
Venture Capital Fund Advisers
Agricultural Cooperatives
Closely Held Exempt Investment Funds
Depository Institution Holding Companies
Tax-Exempt Entities

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