Domestic and foreign reporting companies are not currently required to file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN) established under the Corporate Transparency Act. However, this court order is not a final determination and has been appealed by the Department of Treasury. Reporting companies may continue to voluntarily submit beneficial ownership information reports.
This Fact Sheet will help you determine if your entity is a reporting company, and if so, the information that you will have to report in your initial BOI report, in addition to some key definitions and dates.
If your entity is required to file: Start filing your report now with a Braintrust-endorsed BOI reporting solution and use our exclusive code BTRST15 for a 15% discount.
Check out this webinar to learn more!