Beneficail Ownerhip InforMATION Report deadline is 01/01/202

What is the Beneficial Ownership Information Report (BOIR)?

The Beneficial Ownership Information Report (BOIR) is a new requirement under the Corporate Transparency Act (CTA) for U.S. businesses. It's designed to increase transparency in business ownership and help combat financial crimes.

Key Points About the BOIR:

Required by the Financial Crimes Enforcement Network (FinCEN)
This applies to most U.S. businesses
Deadline for filing is January 1st, 2025
Failure to file can result in penalties of up to $500 per day

What Information is Reported?

The BOIR requires businesses to report details about their beneficial owners, including:

Full legal name
Date of birth
Current residential or business address
Unique identifying number (e.g., passport or driver's license number)

Why is the BOIR Important?

The BOIR helps:

Prevent money laundering and other financial crimes
Improve corporate accountability
Assist law enforcement in investigations

Need to file your BOIR?

We can help you comply with the CTA requirements and file your BOIR accurately and on time.

Complete the form below.