BOI Reporting

Beneficial Ownership Information reports to FinCEN, since August 2026, required only of foreign companies registered in a US state.

In detail

FinCEN’s final rule (effective Aug 14, 2026) permanently exempts every US-formed company and all US persons.

Foreign companies registered to do business in a state file within 30 days, reporting only non-US owners with ≥25% ownership or substantial control.

Filing is free; letters demanding a BOI fee from a US company are scams.