FinCEN BOI Exemption & Deadline Calculator
Verify your US LLC's Corporate Transparency Act status following the August 11, 2026 FinCEN Regulatory Ruling. Check federal exemption relief, $0 fine risk, and IRS Form 5472 requirements.
FinCEN has permanently ended mandatory Beneficial Ownership Information reporting for domestic small businesses. Because any LLC formed in a US state (Wyoming, Delaware, etc.) is a domestic entity, foreign-owned US LLCs are 100% EXEMPT from federal BOI reporting ($0 Fine Risk).
Under the Corporate Transparency Act, entity classification is based on WHERE the entity was created, NOT the citizenship of its shareholders. Because your LLC was created under the laws of a US State, it is a domestic entity and entitled to full small business relief.
While FinCEN BOI is exempt, foreign-owned single-member LLCs are STILL MANDATED to file IRS Form 5472 & Form 1120 annually. The IRS late penalty is $25,000 per form.
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