You have:
File your BOI - Avoid penalties on January 1st 2025
Comply with your
BOI Filling Obligation
Now!
Don't let BOI filing deadlines catch you off guard. Under the Corporate Transparency Act (CTA), millions of small businesses must now report their Beneficial Ownership Information (BOI) to FinCEN – a crucial step in maintaining your business's compliance and avoiding hefty penalties ($591+ per day). Stay ahead of this federal requirement and protect what you've built with our streamlined BOI filing service.
What is the FED BOI Program?
The Beneficial Ownership Information (BOI) filing is a federal requirement designed to enhance transparency and prevent the use of anonymous shell companies for illicit purposes. All eligible entities are required to file a BOI report, providing detailed ownership and control information to FinCEN.
Beneficial Ownership Information Details
Understand exactly who qualifies as a beneficial owner under the CTA's expansive definition – from those holding ownership stakes to individuals with substantial control over your company. Whether you're managing a small LLC, corporation, or partnership, getting these details right is crucial for accurate reporting and maintaining federal compliance.
Entities
Applicable to entities such as corporations, LLCs, and partnerships that were created or registered to do business in the U.S.
Expert Consultation
Our team stays updated with the latest regulations to provide you with reliable advice.
Reporting
We manage the entire filing process from start to finish, ensuring accuracy and timeliness.
Application
Non-compliance with the BOl filing requirement may result in severe penalties, including fines of up to $500 per day and potential criminal charges.
Who should comply with BOI?
Companies created before January 1, 2024, must submit reports by January 1, 2025.
Companies registered after January 1, 2024, have 90 days to file their initial report.
Who should comply with BOI?
Companies created before January 1, 2024, must submit reports by January 1, 2025.
Companies registered after January 1, 2024, have 90 days to file their initial report.
Frequently Asked Questions (FAQs)
What is Beneficial Ownership Information?
It refers to the individuals who own or control a company, needed for transparency compliance.
When do I need to submit my BOI report?
Companies formed before January 1, 2024, must submit by January 1, 2025.
What information do I need to include in the BOI report?
You must include the name, birthdate, address, and identification document of each beneficial owner.
Why should I file the BOI report?
Filing ensures compliance, avoids penalties, and enhances transparency, building trust with clients and partners.
You must file before January 1, 2025 to avoid penalties!
The clock is ticking on BOI compliance – all businesses formed before 2024 must file their beneficial ownership information by January 1, 2025. With significant financial penalties and possible legal consequences at stake, now is the time to get your reporting requirements in order. Our expert team can help you beat the deadline and maintain your business's good standing.
Disclaimer:
We are a third-party filing service and are not affiliated with FinCEN, the U.S. Government, or any government agency. This information is for general guidance only and does not constitute legal advice. While we assist with BOI filing submissions, business owners are responsible for ensuring the accuracy of their reported information.
