File Your BOI Report
So You Can Avoid Federal Fines

You can file with FinCEN for free, but it involves navigating their extensive 57-page guide on proper filing.

Alternatively, use our streamlined software at FileBoiReportNow.com, an officially approved Third-Party Service Provider. Let us take care of the filing process for you to guarantee accurate and efficient submission. Simply create an account to get started.

Under the CTA, any foreign or domestic company that is considered a reporting company is required to provide company information and beneficial ownership information. A reporting company is broadly defined as any corporation, limited liability company, or similar entity that is created or registered to do business in the United States by filing documents with a secretary of state or a similar office of a U.S. state or tribal government. Take this quick 3 minute quiz to determine if you must file.

A beneficial owner is an individual who exercises “substantial control” over the reporting company, either directly or indirectly, or who owns or controls 25% or more of the reporting company’s ownership interests.

Reporting companies must provide the following information about the company:

• The full legal name of the company;
• Any other trade names used by the company;
• The street address of the company’s principal place of business (a P.O. box number or third-party address will not be accepted);
• A foreign company that does not have a principal place of business must report the address the company uses to conduct its business in the United States
• The jurisdiction in which the company was formed or registered; and
• An IRS issued Taxpayer Identification Number (TIN).
• Foreign reporting companies without a TIN must report a tax identification number issued by a foreign jurisdiction and identify the issuing jurisdiction.
• Beneficial Owner Information
• Reporting companies must provide the following information about their beneficial owners:
  • Full legal name;
  • Date of birth;
  • Current residential or business street address;
  • A unique identifying number from a non-expired, government-issued photo ID, such as a U.S. passport or state driver’s license (a foreign passport will be accepted if no U.S. issued ID is available); and
  • An image of the government-issued photo ID from which the number was provided.

A reporting company that was created on or after January 1, 2024, must identify at least one, but no more than two, company applicants. Company applicants must be individuals, and the same information must be provided for company applicants as is required for beneficial owners.

There are two types of company applicants: a direct filer and an “individual who directs or controls the filing action.”

A direct filer is an individual who physically or electronically filed the document that created a domestic reporting company or registered a foreign reporting company with the secretary of state.

The “individual who directs or controls the filing action” is the individual who was primarily responsible for directing or controlling the document that created or registered the reporting company.

If a reporting company has one individual who directly filed the document and another individual who controlled or directed the filing, both individuals must be identified.

Reporting companies, beneficial owners, and company applicants will have the option to obtain a unique identifier from FinCEN. Individuals who apply for a FinCEN identifier must provide the same information that would be submitted for beneficial owners and company applicants.

Reporting companies may report a FinCEN identifier in lieu of the required information about beneficial owners and company applicants. A reporting company may apply for a FinCEN identifier by checking the right box on the BOI reporting application.

Yes. If you have multiple businesses, you must file a BOI Report for each business that meets the requirements. Take this 3 minute quiz to determine if your businesses must file.