Buy a FinCEN Beneficial Owner Information Report

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We File FinCEN BOI Reports Required by the Corporate Transparency Act

Go to (https://fincenfiler.com/buyreport) to hire us to file a FinCEN Beneficial Owner Information report then take 5 – 10 minutes to enter your data into our 100%  ISO/IEC 27001 secure online filing system.

The purposes of this website are to:

  1. Warn entity owners that a federal law effective January 1, 2022, called the Corporate Transparency Act (CTA),  may cause their entity to be fined $500/day by the Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury if the entity fails to file a FinCEN Beneficial Owner Information report that discloses information about the entity, its beneficial owners and applicants (if the entity was formed after 2023).
  2. Disclose the 30 types of entities that are exempt from the CTA.  Most entities that exist in the U.S. are not exempt and must file a FinCEN report.  An entity that must file a FinCEN BOI report is called a “reporting company.”
  3. Describe the information a reporting company must include in its FinCEN BOI report about each of its beneficial owners.
  4. Define “beneficial owner.”
  5. Define “applicant.”
  6. Convince reporting companies to hire us, FinCEN Filer, LLC, to assist them in collecting the information that must be disclosed, preparing the FinCEN BOI report, and filing the report with FinCEN so the company will not be fined $500/day for a late filing.

Warning Must Read Article

If you own a company that has to file a FinCEN BOI report you must read our article called “Navigating the Corporate Transparency Act: How to Avoid the $500/Day Fine.”  It explains in detail what owners of U.S. companies need to do to avoid the $500 a day late filing fine.  Before filing a FinCEN BOI report yourself you must read FinCEN’s 33 page report FAQ.

Read the article . . . 

Our FinCEN Filing Service

We have a 100% online FinCEN BOI report filing service.  It’s simple and easy and takes 5 – 10 minutes to enter a reporting company’s data in our ISO/IEC 27001 secure online system.  The company’s contact person can enter beneficial owner info or cause our system to send an email to a beneficial owner asking the BO to enter his or her data into our system.  Once the info is approved by the company we digitally upload the data to FinCEN then email the filed report to the contact person.

Hire Us . . . 

What is the CTA?

A federal law called the Corporate Transparency Act, aka CTA, requires that beginning on January 1, 2024, all “reporting companies” must file a report with the Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury that discloses information about the reporting company and all of its beneficial owners and applicants (if the company was formed after 2023).  Failure to file a timely report is a $500/day fine.  Intentional failure to file the report can result in imprisonment of up to two years.

Learn more . . .

Who Must File a FinCEN Report?

FinCEN BOI reporting companies are:

  • Corporations, LLCs, limited partnerships, and any other entities created by filing a document with a secretary of state or state equivalent agency or a tribal agency.
  • Entities (including corporations and LLCs) formed under the law of a foreign country that registered to do business in the U.S. by filing a document with a secretary of state.

All U.S. entities regardless of when they were formed are reporting companies unless the entity is an exempt entity.

Is Your Company Exempt?

Most entities that exist in the United States are required by the CTA to file a FinCEN report that discloses information about all of the entities’ “beneficial owners” unless the entity is exempt.  See the list of 30 types of entities that are exempt from the CTA and that do not have to file a FinCEN report.  If your company is not one of the 30 types of companies that are exempt from the CTA then it must file a FinCEN report before the due date or be subject to the $500/day fine.

Beneficial Owner Definition

A beneficial owner is a person who either: (1) exercises substantial control over the reporting company, or (2) owns or controls at least 25% of the company’s ownership interests.  Managers of an LLC are BOs even if they do not own any membership interest in the company. The following are beneficial owners: a company’s president, chief financial officer, general counsel, chief executive officer, chief operating officer, or any other officer who performs a similar function.

See who is a beneficial owner . . .

FinCEN Report Contents

FinCEN BOI reports must disclose the following information about the reporting company’s beneficial owners and applicants: individual’s name; birth date; residential address; identifying number from a passport or U.S. driver’s license, issuing state or jurisdiction of the identification document; and image of the ID document showing the number.

FinCEN Report Due Date

There are three different FinCEN report due dates depending on when a reporting company was formed.  Entities formed before 2024 must file their FinCEN report before 2025.  Entities formed in 2024 must file their FinCEN report within 90 days of the entity’s formation date.  Entities formed after 2024 must file their FinCEN report within 30 days of the date the entity was formed.

Learn more . . . 

Amended FinCEN Reports

If there is any change to the required information about a reporting company or its beneficial owners in a FinCEN report that a company filed, the company must file an updated report no later than 30 days after the date of the change.  A reporting company that fails to file a timely amended report is subject to the $500/day late filing fine.