Severe Late Filing Penalties
Civil Penalties: Up to $592 per day past the filing deadline
Criminal Penalties: Up to $10,000 in fines and imprisonment for up to two years
BOIR Electronic Filing Platform
Our BOIR Electronic Filing Platform streamlines the digital submission of Beneficial Ownership Information Reports (BOIR) as required by the Corporate Transparency Act (CTA). Under CTA regulations, certain domestic and international business entities must report beneficial ownership data to the Financial Crimes Enforcement Network (FinCEN), an agency within the U.S. Department of the Treasury, guaranteeing your organization maintains complete regulatory compliance.
Critical BOIR Filing Details
- Administered by the Financial Crimes Enforcement Network (FinCEN)
- Mandatory for most international business entities, excluding those with CTA exemptions
- Companies established in 2024 have 90 days from formation to submit reports
- Companies established prior to 2024 face a March 21st, 2025 filing deadline
- Failure to comply carries penalties of $500 per day, with maximum fines reaching $10,000
The federal deadline for entities formed prior to 2024 was 343 days ago. File now to prevent possible fines.
Frequently asked questions
If you can't find what you're looking for, reach out to our support team at: contact@boirfile.us and one of our representatives will get back to you as soon as possible.
Want to Learn More About BOIR Compliance?
Access our comprehensive resource library to remain current on regulatory requirements, submission processes, and compliance best practices, helping your organization maintain transparency and meet legal obligations.