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When should I report my company’s beneficial ownership information to FinCEN?

Note: Due to recent federal court appeals, the enforcement of the CTA and its BOI reporting requirements has been halted. As a result, the reporting companies are not currently required to file BOI reports with FinCEN and will not face any penalties during this period. However, Business may still voluntarily submit their reports.


Starting January 1, 2024, FinCEN began to receive BOI electronically through its secure filing system. BOIRs filed before January 1, 2024, will not be accepted by FinCEN.

  • Reporting Companies Created or Registered Before January 1, 2024: The deadline extended to January 13, 2025 (originally January 1, 2025) for filing initial BOI reports with FinCEN.

  • Reporting Companies Created or Registered on or after September 4, 2024, that had an original filing deadline between December 3, 2024, and December 23, 2024: The new deadline is January 13, 2025.

  • Reporting Companies Created or Registered Between December 3, 2024, and December 23, 2024: Granted an additional 21 days from the original filing deadline to file BOI reports.

  • Reporting Companies Created or Registered on or After January 1, 2025: Must file BOI reports within 30 days of receiving actual or public notice of creation or registration.

  • Reporting companies that qualify for disaster relief may have extended deadlines that fall beyond January 13, 2025. These companies should abide by whichever deadline falls later.

 

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