How to file BOI with FinCEN.

Beneficial ownership information (BOI) reporting under the Corporate Transparency Act was designed to have companies report who ultimately owns or controls them to FinCEN. However, under FinCEN's March 2025 interim rule, US-formed entities are now exempt, so most US businesses no longer owe a federal BOI filing. We flag your exact status so you neither miss a required filing nor chase one you do not owe.

Generally no if your entity was formed in the US: the March 2025 interim rule exempts domestic entities, so most US LLCs and corporations have no federal BOI filing, while foreign entities registered to do business in the US may still report. We flag whether your entity is domestic or foreign so you know which applies. See BOI reporting.

FinCEN issued an interim final rule in March 2025 that narrowed reporting to foreign entities, exempting US-formed companies and US persons, a major change from the original rule that would have covered most small US businesses. We flag the current rule so your understanding reflects what applies now, not the earlier version.

Under the interim rule, foreign entities registered to do business in the US generally still report, and only their non-US beneficial owners, while purely domestic entities are exempt. We flag whether your entity is a registered foreign entity or a domestic one so you know which side of the requirement you fall on.

Generally no under the March 2025 rule: a US-formed LLC is a domestic entity and is exempt, even with foreign owners. We flag your specific situation so you can confirm the exemption applies rather than assuming an obligation the current rule removed.

A beneficial owner is an individual who ultimately owns or controls a company, generally through a significant ownership stake or substantial control, the people BOI reporting was meant to identify. We flag how the concept applies so you understand it even where the current rule exempts your entity from reporting.

Yes: the March 2025 rule is an interim final rule, and beneficial ownership reporting has shifted more than once, so requirements could evolve through further rulemaking or litigation. We flag that this area is still developing and track changes that would affect whether your entity must file.

Some do: separate from the federal requirement, certain states have enacted or proposed their own transparency rules, so a state obligation can exist even where the federal one does not apply. We flag any state requirement relevant to where your entity is formed or registered.

Yes: we assess whether your entity is domestic or a registered foreign entity, apply the current FinCEN rule, and flag any state-level obligations, so you get a clear answer rather than guessing, and we track the rules as they continue to develop. See BOI reporting.