🇺🇸 FEDERAL COMPLIANCE
FinCEN BOI Report
Filing Service
Ensure compliance with the Corporate Transparency Act. Let us handle your mandatory federal Beneficial Ownership filing before the 90-day deadline expires.
What is the BOI Report?
Enacted by the US Congress, the Corporate Transparency Act (CTA) mandates that all small businesses (including LLCs and Corporations) disclose their 'Beneficial Owners' to the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury.
A beneficial owner is any individual who owns at least 25% of the company or exercises substantial control over it. This applies strictly to foreign owners of US LLCs as well. The goal is to prevent financial crimes, but the burden of filing falls squarely on the business owner.
Strict Deadlines
- **New Companies:** Must file within 90 days of receiving formation confirmation.
- **Updates:** Must file within 30 days if any owner information changes (e.g., new passport).
- **No Exceptions:** Missing these deadlines triggers automatic severe penalties.
The Cost of Ignoring the CTA
The federal government is enforcing this new law with unprecedented severity. Ignorance of the law is not an accepted defense.
$500 Daily Fines
Civil penalties accrue at $500 for every single day the report is late, up to a maximum of $10,000. Just being 20 days late costs $10,000.
Criminal Liability
Willful failure to report, or willfully providing false information, can result in criminal penalties including up to two years of federal imprisonment.
Data Rejection
FinCEN requires exact formatting for foreign addresses and ID uploads. Simple formatting errors can cause rejections, eating up your 90-day grace period.
Stress-Free BOI Filing
We handle the complexities of the FinCEN portal so you don't have to.
Data Audit
We review your company documents and passports to determine exactly who qualifies as a beneficial owner and company applicant.
FinCEN E-Filing
We manually input all required corporate and personal data into the FinCEN secure portal, ensuring exact compliance with their formatting rules.
ID Document Verification
We verify and format your foreign passports or IDs to ensure they meet FinCEN's strict upload criteria.
Filing Confirmation
We provide the official FinCEN transcript and confirmation receipt proving you have met your federal obligations.
FinCEN ID Creation
Optional creation of individual FinCEN IDs to make future reporting and updates significantly easier.
Deadline Tracking
We monitor your formation dates and ensure the report is filed well before the 90-day limit expires.
One-Time Filing Fee
INITIAL REPORT FILING
Flat fee for single-member and multi-member LLCs. Avoids $500/day penalties.
How It Works
Fast, secure, and fully compliant.
Data Submission
Complete our secure intake form with your LLC details and owner passport images.
Compliance Review
We review the data to ensure it meets FinCEN's strict formatting guidelines.
Drafting
We compile the official BOI report based on your provided information.
FinCEN Transmission
We securely e-file the report directly to the federal FinCEN database.
Confirmation
You receive the official FinCEN transcript proving you are legally compliant.
Your Privacy & The Federal Government
Understanding who sees your BOI data and how we protect it.
Not Public Record
Unlike State LLC registries, FinCEN BOI data is completely private. It is not searchable on Google or any public state database.
Law Enforcement Only
The data is housed in a secure federal database accessible only to authorized law enforcement agencies, tax authorities, and national security officials.
Bank Verification
With your explicit consent, financial institutions (like Mercury or Stripe) may request access to your BOI data to fulfill their Customer Due Diligence (CDD) requirements.
Frequently Asked Questions
The Beneficial Ownership Information (BOI) Report is a mandatory federal filing under the Corporate Transparency Act. It requires companies to disclose the individuals who ultimately own or control the business to FinCEN (Financial Crimes Enforcement Network).
Almost all LLCs, Corporations, and other entities created by filing a document with a Secretary of State in the US must file, including companies owned entirely by non-US residents.
For companies formed in 2024 or later, the report must be filed within 90 days of formation. For companies formed before 2024, the deadline was January 1, 2025.
Failing to file on time or providing false information can result in severe civil penalties of $500 per day (up to $10,000) and criminal penalties including up to 2 years in prison.
A beneficial owner is any individual who, directly or indirectly, exercises 'substantial control' over the reporting company or owns/controls at least 25% of its ownership interests.
You must provide the company's legal name, EIN, and address, along with each beneficial owner's full legal name, date of birth, residential address, and an image of an identifying document (like a Passport).
No. The BOI database is strictly confidential and not accessible to the general public. FinCEN only shares it with authorized government agencies for law enforcement and national security purposes.
No, it is not an annual filing. You only file the initial report once. However, if any reported information changes (like a new address, new passport, or change in ownership), you must file an updated report within 30 days.
Yes. Non-US residents who own US companies are absolutely subject to this law and must file using their foreign passport and foreign residential address.
Yes. If you form your LLC with us, the initial BOI filing is included. If you formed your LLC elsewhere, we offer this standalone BOI reporting service to ensure you are compliant.
Related US Compliance Services
Wyoming LLC Formation
Our complete formation package includes the initial FinCEN BOI filing for free.
US EIN Registration
You must have an EIN from the IRS before you can file your BOI Report with FinCEN.
US Registered Agent
Maintain your mandatory state compliance alongside your federal FinCEN compliance.
AVOID FEDERAL PENALTIES
The 90-Day Clock is Ticking.
File Your Report Today.
Don't risk $500/day penalties or criminal liability. Let our experts handle the FinCEN bureaucracy and secure your compliance receipt.