How to File a Beneficial Ownership Report

File your BOI report with FinCEN by the deadline using your company details and ownership percentages.

1. Check if your entity must file. Most LLCs, corporations, and similar entities formed in the US must file. You're exempt if you have 20+ full-time employees, $5M+ in annual revenue, and operate physically in the US. Banks, credit unions, and publicly traded companies are also exempt.
2. Identify your beneficial owners. List anyone who owns 25% or more of your entity directly or indirectly. Also include anyone with substantial control — typically officers, directors, or anyone who directs major decisions regardless of ownership percentage.
3. Gather required information. For the company: legal name, DBAs, formation date, state/country of formation, business address, and EIN or foreign tax ID. For each beneficial owner: full legal name, birth date, residential address, and an identifying number from a driver's license, passport, or state ID.
4. File through FinCEN's online system. Access the BOI E-Filing website at fincen.gov and create an account. Upload a photo of each beneficial owner's identifying document. The system generates a confirmation number when successfully submitted.
5. Update filings when changes occur. File an updated report within 30 days of any change to company information or beneficial ownership. This includes new owners, address changes, or changes in substantial control.