Beneficial Ownership Information (BOI) Reporting to FinCEN
We confirm whether your company must report beneficial ownership information, identify your beneficial owners, and file with FinCEN — built for entities formed abroad and registered to do business in the United States.
Beneficial ownership information is the set of details FinCEN collects about the individuals who ultimately own or control a company. Since March 2025, companies created in the United States are exempt from reporting it. The requirement now falls on entities formed under foreign law that have registered to do business in a U.S. state.
Miami, FL · Filed directly through FinCEN BOSS · Bilingual ES/EN support
What Is Beneficial Ownership Information and the Corporate Transparency Act?
The Corporate Transparency Act (CTA) is a U.S. federal law that created the beneficial ownership information reporting regime. A beneficial owner is any individual who either exercises substantial control over a company or owns at least 25% of it.
The goal is straightforward. By identifying the real people behind a company, FinCEN can fight money laundering, fraud, and the use of shell companies. Your report is therefore not just paperwork — it is part of a national transparency framework.
The scope changed substantially in March 2025. FinCEN issued an interim final rule that exempted every company created in the United States, along with its beneficial owners, and made that exemption permanent in the final rule issued on August 11, 2026. Reporting obligations now apply to entities formed under foreign law that register to do business in a U.S. state or tribal jurisdiction. FinCEN has said it intends to finalise this rule, so the scope may move again — which is why we verify your current status before anything is submitted.
What Our BOI Filing Service Includes
We handle the full Beneficial Ownership Information filing process from start to finish. In concrete terms, your service includes:
- Beneficial owner identification. We analyze your ownership and control structure to determine exactly who qualifies as a beneficial owner — and, when applicable, the company applicant.
- Documentation preparation. We collect and organize the required identifying information and documents, including support for non-U.S. owners without an SSN or U.S. address.
- Filing through FinCEN’s BOSS system. We submit your BOI report directly to FinCEN, reducing the risk of rejection or error.
- Ongoing update monitoring. Ownership and contact details change. We help you file the required updates within FinCEN’s reporting window so you stay compliant year after year.
Pairing BOI with broader controls? We also provide AML compliance services.
Who Must Report Beneficial Ownership Information — and Who Is Exempt
The scope of this requirement changed significantly in March 2025. Under FinCEN’s final rule of August 11, 2026 — effective August 14, 2026 — companies created in the United States — and their beneficial owners — are permanently exempt from reporting beneficial ownership information. The obligation now falls on entities formed under the law of a foreign country that have registered to do business in a U.S. state or tribal jurisdiction.
In practice, most domestic LLCs and corporations no longer file. If your company was incorporated abroad and then registered to operate in the United States, the requirement still applies to you — and that is precisely the situation we handle every day.
| Still required to report | Outside the current requirement |
|---|---|
| Entities formed under foreign law and registered to do business in a U.S. state | Companies created by filing with a U.S. state — exempt since March 2025 |
| Foreign entities registered through a tribal jurisdiction | Beneficial owners who are U.S. persons of a reporting entity |
| Foreign-registered entities whose ownership or reported details change | Large operating companies (20+ U.S. employees, $5M+ U.S. revenue, physical U.S. office) |
| Foreign-registered entities correcting a previously filed report | SEC-reporting firms, banks, credit unions and other regulated financial institutions |
FinCEN has stated it intends to finalise this rule, so the scope may shift again. Rather than rely on a published summary, we confirm your current obligation before preparing anything.
Reporting Deadlines for Foreign-Registered Entities
These deadlines apply to entities formed abroad and registered to do business in the United States. Companies created in the U.S. fall outside the requirement and have no filing deadline.
| Situation of the foreign-registered entity | General deadline |
|---|---|
| Registered to do business in the U.S. before the current rule took effect | Confirm current FinCEN status — deadlines shifted through 2025 rulemaking |
| Registered during 2025 or 2026 | 30 calendar days from notice of effective registration |
| Change to beneficial ownership or previously reported information | Updated report within 30 days of the change |
| Correction to a previously filed report | Within 30 days of becoming aware of the inaccuracy |
Deadlines under the Corporate Transparency Act have moved repeatedly through litigation and successive FinCEN guidance. For that reason we verify the exact date that applies to your entity rather than relying on a published table.
Penalties for Not Reporting Beneficial Ownership Information
Non-compliance is expensive. Willfully failing to file, or filing false beneficial ownership information, can trigger serious consequences:
⚠ Civil penalties of up to $591 per day
that the violation continues, plus criminal penalties of up to $10,000 and up to 2 years in prison.
These are not abstract risks. The penalties accrue daily, which means a delayed or forgotten filing grows more costly with time. In short, the cost of professional assistance is small next to the cost of a willful violation.
How the BOI Filing Process Works — Step by Step
We make a federal filing feel simple. Here is exactly how we work:
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1
Eligibility check (same day)
We confirm whether your company must file and which deadline applies.
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2
Owner identification (1–2 days)
We map your ownership and control structure to pinpoint every beneficial owner.
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3
Document collection (1–3 days)
We gather identifying information and documents, including support for foreign owners.
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4
Filing via FinCEN BOSS (1 day)
We submit your BOI report directly and send you confirmation.
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5
Update monitoring (ongoing)
When ownership or details change, we prepare and file the required updates on time.
Timeframes are estimates and depend on how quickly documents are provided.
Need official background documents for an owner? We also provide FBI background checks with apostille.
Why Choose Compliance Officers for Your BOI Filing
We are a Miami-based compliance firm that specializes in U.S. regulatory obligations for international clients. Here is what sets us apart:
- Cross-border expertise. We routinely file for foreign-owned U.S. entities and handle non-U.S. owner identification documents.
- FinCEN-direct filing. Your BOI report goes straight to FinCEN’s BOSS system — no unnecessary intermediaries.
- Bilingual support. Our team works in English and Spanish, so nothing gets lost in translation.
- A real, licensed firm. We operate from a physical Miami office with consistent contact details and no resale of your data.
We do not guarantee regulatory outcomes — no honest firm can. What we guarantee is an accurate, on-time, professionally prepared filing.
Frequently Asked Questions
What is beneficial ownership information?
Beneficial ownership information is the set of details FinCEN collects about the individuals who ultimately own or control a company, reported under the Corporate Transparency Act. It identifies the real people behind a company so the U.S. government can prevent the misuse of anonymous corporate structures.
Who is required to report beneficial ownership information?
FinCEN exempted companies created in the United States, along with their beneficial owners, in its interim final rule of March 2025, and made that exemption permanent in the final rule issued on August 11, 2026. The requirement applies to entities formed under foreign law that have registered to do business in a U.S. state or tribal jurisdiction. Some of those foreign entities are exempt too, including large operating companies, SEC-reporting firms and regulated financial institutions. Because FinCEN intends to finalise the rule, we confirm your specific obligation before filing.
Does a U.S. LLC with foreign owners have to report?
No, not under the current rule. What matters is where the company was formed, not where its owners live. An LLC created by filing with a U.S. state is exempt even when every owner is based abroad. The requirement applies instead to companies incorporated outside the United States that then register to do business in a U.S. state — a different structure that we handle regularly, including for owners without a U.S. address or SSN.
What is the reporting deadline for 2025 and 2026?
For entities formed abroad and registered to do business in the United States during 2025 or 2026, the general deadline is 30 calendar days from notice that the registration is effective. Changes to previously reported information must be updated within 30 days. Companies created in the U.S. have no deadline, because they are exempt. Since these dates have shifted through litigation and FinCEN guidance, we confirm the exact deadline for your entity.
What are the penalties for not filing a BOI report?
Who counts as a beneficial owner?
Can you handle the filing if I don't have a U.S. address or SSN?
Ready to File Your BOI Report Correctly?
Avoid daily penalties and file with confidence. Our team identifies your beneficial owners, prepares the documentation, and submits your BOI report directly to FinCEN.
Phone: +1.305.647.3000 | Email: info@complianceofficers.org
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175 SW 7th ST, Suite 1905, Miami, FL 33130
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