From January 2024, failure to file a BOI report could lead to $10,000 fines. Use Transparent Filings to stay compliant with the Corporate Transparency Act. File your BOI Report in under 5 minutes today.
Starting January 1, 2024, the Corporate Transparency Act requires all US-based and foreign businesses in the 50 states to report Beneficial Ownership Information (BOI). It's required to comply with the Financial Crimes Enforcement Network (FinCEN) to meet these new regulations.
Both reporting companies and their beneficial owners are required
All beneficial owners of a USA based LLC that meets the requirements will have to file their information in a BOI report
Most businesses that were formed in the USA, prior to January 1, 2024 will be required to file a BOI report
Transparent Filings makes filing your BOI simple, by only needing a few details
When filing with Transparent Filings, you only need to submit your Company Name, EIN, and company address
All beneficial owners of a company are required to file their names, ownership %, and their address
We make filing your BOI report quick and easy
Ensuring you are legally compliant with new BOI reporting requirements
Transparent Filings offers BOI filings starting at $95/entity
Professional support to help you through any questions you may have
Transparent Filings makes filing your BOI Report an easy three step process, detailed below.
Click here to take our eligibility quiz to determine if you need to file a BOI report. This takes less than 3 mins.
Using our software, input the required filing information - takes less than 10 minutes
Once we have received your information and filed it with FinCEN, you will receive a confirmation email
The submission deadline for the BOI report is determined by when your business entity was formed.
For companies formed before January 1, 2024, the deadline for the initial BOI report submission is January 1, 2025.
Late filings can result in fines of $500 per day, up to $10,000
Companies established on or after January 1, 2024, must submit their initial report within 90 days of their creation date.
Late filings can results in fines of $500 per day, up to $10,000
Act now to ensure full BOI compliance with current regulations and avoid potential legal penalties.
Timely BOI submission is crucial for maintaining your company's good standing and avoiding costly fines.