Why choose US Filings to file your BOI
Start my BOIWe’re up to speed with this new law’s requirements
With this rule taking effect on January 1, 2024, you may not have had the time to learn about the importance of filing a BOI. Fortunately, this is one task you can leave to us. We’ve done the research, and our simplified process will help you stay compliant and well within your filing deadline.
We’ll help you avoid compliance risks
Staying compliant with BOI requirements is essential to keep your business running smoothly. Filing on time not only helps you meet legal standards but also prevents unnecessary complications down the road. Let us guide you through the process so you can focus on growing your business.
Beneficial Ownership Information Report 101: The what, when, and why
Simply put, a BOI provides identifying information about the people who own or control a business, be it directly or indirectly. When Congress passed the Corporate Transparency Act in 2021, filing a BOI became required for companies. Doing so makes it harder for individuals to commit financial crimes through their businesses.
If you own an LLC or Corporation, you must file a BOI. However, following a preliminary injunction issued by the U.S. District Court of the Eastern District of Texas on December 3, 2024, FinCEN’s enforcement of the BOI requirements is currently paused. While this halts enforcement, it does not eliminate the legal obligation to file. Proactive filing is recommended to mitigate future compliance risks.
Here’s what you need to know:
- If your business was formed before January 1, 2024, then you have until January 1, 2025, to file.
- Any company formed in 2024 or after has 90 days from their formation date to comply.
The good news is you only have to file a BOI once—unless the required information about your company or its beneficial owners changes—then you will need to refile.
For your peace of mind, let’s get your BOI filed today.
Fast, easy, and well within your budget
$99 Ongoing BOI Compliance
Your first filing is included when you sign up for a year of compliance monitoring to meet the new FinCEN requirement.
- We’ll process your initial filing to meet the FinCEN BOI report requirement ($149 value)
- Unlimited amendments to your BOI report for a year
- Quarterly compliance reminders for a year to keep your BOI accurate and avoid penalties
- Customer support via our client portal, chat and email
- Renews annually for ongoing support, reminders and amendments when needed
$149 One-Time BOI Report
File a one-time BOI report to keep your company in compliance with the new FinCEN requirement.
- One-time BOI filing to meet the FinCEN BOI report requirement
- Timely processing to help meet the required deadline for your business
- Customer support via our client portal, chat and email
Frequently asked questions
Certain legal entities, including corporations, limited liability companies (LLCs), and limited partnerships, are required to file a BOI report. The requirements depend on factors such as the company’s formation date, the nature of its business activities, and whether it has a federally insured deposit account.
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction, temporarily halting enforcement of the Corporate Transparency Act’s Beneficial Ownership Information (BOI) reporting requirements. It’s important to note this paused the enforcement powers of FinCEN, but does not eliminate the requirement for businesses to file BOI reports.
While compliance timelines are currently under review, businesses are still encouraged to file proactively to avoid potential risks.
The due date for filing a BOI depends on when your company was formed or began doing business.
- If your business began or was formed before January 1, 2024, your initial report is due by January 1, 2025. Subsequent reports are due within 30 days of any changes to beneficial ownership information.
- If your business is formed or registered on or after January 1, 2024, your BOI report is due within 30 days of formation or registration. Going forward, any changes to beneficial ownership must be reported within 30 days as well.
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction, temporarily halting enforcement of the Corporate Transparency Act’s Beneficial Ownership Information (BOI) reporting requirements.
It’s important to note this is not a final ruling. The injunction pauses FinCEN’s enforcement powers but does not eliminate the requirement to file BOI reports. FinCEN continues to accept BOI submissions, and the Department of Justice is expected to appeal this decision.
At US Filing Services, we encourage businesses to stay proactive. Filing your BOI report now ensures compliance should enforcement resume.
In order to complete your BOI filing, you’ll need to be prepared with the following for each beneficial owner (as required by FinCEN):
- Full legal name
- Date of birth
- Country of citizenship
- Residential address
- An identifying number and jurisdiction from an acceptable ID such as a passport or U.S. driver’s license. You’ll also have to provide an image of the identification document.
Our full-year BOI compliance package is designed to help your business stay compliant with the new FinCEN reporting requirements, ensuring that any changes to your business’s beneficial ownership information are updated quickly and correctly. The package, priced at $99 annually, offers the following benefits:
- Unlimited Amendments: The new FinCEN regulations require businesses to file an amended report within 30 days whenever there’s a change to the reported information, such as a change in your business address or the name/address of a beneficial owner. With our full-year package, you can make an unlimited number of amendments throughout the year without any additional fees.
- Peace of Mind: We’ll handle all the details, ensuring that your business remains in compliance with the BOI reporting deadlines.
- Expert Assistance: Our compliance experts will review and submit your filings, ensuring accuracy and avoiding errors or delays.
- Cost-Effective: At $99 for the year, our full-year package offers incredible value compared to our one-time filing service at $149. You can rest easy knowing you’re covered for any changes without the need to pay each time.
This service is ideal for businesses that may have frequent changes in their beneficial ownership information throughout the year. Stay compliant with ease—let us handle the reporting so you can focus on growing your business!
Order your $99 full-year compliance package now.
Failure to file a BOI can result in significant penalties, including fines and potential legal action. What’s more, non-compliance can impact your company’s ability to do business with financial institutions and other regulated entities.
A designated person within your company can file the Beneficial Ownership Interest report. This individual is often referred to as a “registered agent” or “authorized person.” However, navigating the filing process can be time-consuming and complicated, especially with new federal requirements.
At US Filing Services, we take the guesswork out of BOI filing with our easy-to-use platform and expert support. Let us handle your filing to ensure accuracy, avoid penalties, and save you valuable time. With us, you can rest assured your business stays compliant without the hassle.
Ready to file? Get started now!
You must update your Beneficial Ownership Information (BOI) report within 30 days of any changes in information about your company, such as the business address or a beneficial owner’s name or address. If there are no changes to your beneficial ownership information, no updates are needed until new information becomes relevant.
Check out these resources from the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) to learn more about the Beneficial Ownership Information reporting requirements:
- FinCEN’s BOI web page: www.fincen.gov/boi
- Videos from FinCEN on BOI reporting: https://www.youtube.com/@fincentreasury