At BOI Filers, we believe that you are more than capable of filing your own BOI report; however,
we are here to provide compliance assistance to small business owners who would prefer to focus
on more important aspects of the business and outsource the pesky paperwork.
For your further convenience, we are happy to provide our filing services 100% virtually. This
means that we can avoid phones and emails almost entirely and still get your business in
compliance. This is an optional version of our service and we welcome those that need a more
humanized experience to schedule a call with one of our team members.
Our mission is to provide professional filing services to as many companies affected by the new
BOI reporting requirement as possible. We are compliance professionals and will continue to stay
abreast of any notices and updates from FinCEN around the topic of beneficial ownership
information.
Allow BOI Filers to provide a quick and secure filing experience and avoid errors while
navigating this new law.
Companies registered or created before January 1, 2024 will have until January
1, 2025 to file beneficial ownership information with FinCEN. Failure to comply can result in
civil penalties of $500 each day of non compliance. You may also face criminal
penalties of up to two years imprisonment and a fine up to $10,000.
Companies registered or created after January 1, 2024 will have 90
days to comply with the reporting requirement, while companies registered
or created after January 1, 2025 will have 30 days to comply.
What if your company or owner information changes? You will have only 30 calendar days from the
change to submit an updated report. Changes include:
• Any change to the information reported for the reporting company, such as registering a
new
business
name.
• A change in beneficial owners, such as a new CEO, or a sale that changes who meets the
ownership
interest threshold of 25 percent .
• Any change to a beneficial owner’s name, address, or unique identifying number
previously
provided
to FinCEN.
BOI Filers offers subscription services that provide peace of mind in this scenario. Select the
subscription package option at check out to enjoy this benefit.
