Starting from January 1, 2024, a vast number of entities in the US will be obligated to disclose their beneficial ownership information (BOI) under the Corporate Transparency Act (CTA). This legislation mandates these entities to submit their BOI to the Financial Crimes Enforcement Network (FinCEN) and to keep the agency updated on any changes to this information promptly.
Below we have documented a step-by-step guide to use The BOI E-Filing System for you to complete your filing online with ease.
- Go to https://boiefiling.fincen.gov/ and click on Get Started under Beneficial Ownership Information (BOI) Reporting:
2. Under File Online BOIR, select Prepare & Submit BOIR.
3. Click on I Agree (If you do agree)
4. Select Initial report then Next
5. Select Request to receive finCEN ID.
6. Enter your Company name.
7. Select EIN.
8. Enter your EIN as shown.
9. Provide your company details.
10. Enter your details as shown in the following images.
11. Fill in these fields and submit your report.
12. After submission, you should receive a confirmation or acknowledgment that your Beneficial Ownership Information Report has been successfully filed.