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Guide

FinCEN BOI Filing Guide

FinCEN's BOI e-filing system at fincen.gov/boi processes Beneficial Ownership Information reports. Free filing. Required by the Corporate Transparency Act.

FinCEN's BOI e-filing system at fincen.gov/boi is the only authorized platform for filing Beneficial Ownership Information reports. Filing is free. The system is operated by the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of the Treasury. Required by the Corporate Transparency Act (CTA).

FinCEN

FinCEN BOI E-Filing System

| Detail | Information | |--------|------------| | URL | fincen.gov/boi | | Operated by | Financial Crimes Enforcement Network | | Part of | US Department of the Treasury | | Cost | Free | | Authority | Corporate Transparency Act | | Data use | Law enforcement, national security |

How to Access

  1. Go to fincen.gov/boi
  2. No account needed for filing
  3. Select 'File BOIR' (Beneficial Ownership Information Report)
  4. Complete the form online
  5. Submit and save confirmation

Requirements

Federal Requirements

The Corporate Transparency Act requires reporting companies to disclose:

  • Company information (name, address, EIN, state of formation)
  • All beneficial owners (25%+ ownership or substantial control)
  • Company applicant (for entities formed after Jan 1, 2024)

See BOI requirements for who must file and exemptions.

Frequently Asked Questions

Is BOI filing required?

Yes, for most LLCs and corporations. 23 exemption categories exist for large companies. See BOI filing requirements.

Is BOI filing free?

Yes. Filing directly with FinCEN at fincen.gov/boi is completely free. No government fee exists.

What is the penalty for not filing BOI?

$500 per day civil penalty, up to $10,000 fine, and up to 2 years imprisonment for willful violations.

Who is a beneficial owner?

Any individual with 25%+ ownership interest or substantial control over the company (CEO, CFO, managing member).

Where do I file BOI?

File at fincen.gov/boi. This is the only authorized filing platform. BOI is a federal filing, not a state filing.

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