Comply with BOI and File your Company Info with FinCen
The rule applies to companies created or registered to do business in the United States before January 1, 2024. These companies must file by January 1, 2025. According to FinCEN’s website, a person who willfully violates the rules may be subject to a penalty of $591 per day for each day that a company violates the rule.
Any domestic reporting company formed in 2024 must file a BOI report within ninety calendar days of either receiving actual notice that its formation has become effective or the secretary of state or similar office first providing public notice that it has been formed, whichever occurs first.
You can read more about the BOI requirements on the FinCEN’s website,
Click here for more information regarding the BOI requirement
You can file the BOI form online using FinCEN’s e-filing portal.
