Get Answers Support BOIR Filing Reporting Company Are there any entities that are exempt from the reporting requirement? Last modified 3/6/2024 8:17:30 AM EST Yes, 23 different categories of entities are exempt from the need to provide beneficial ownership information. These entities include publicly traded firms that meet certain criteria, many nonprofit organizations, and significant operating companies. Exemption Number Exemption Short Title 1 Securities reporting issuer 2 Governmental authority 3 Bank 4 Credit union 5 Depository institution holding company 6 Money service business 7 Broker or dealer in securities 8 Securities exchange or clearing agency 9 Other Exchange Act registered entity 10 Investment company or investment adviser 11 Venture capital fund adviser 12 Insurance company 13 State-licensed insurance producer 14 Commodity Exchange Act registered entity 15 Accounting firm 16 Public utility 17 Financial market utility 18 Pooled investment vehicle 19 Tax-exempt entity 20 Entity assisting a tax-exempt entity 21 Large operating company 22 Subsidiary of certain exempt entities 23 Inactive entity Was this helpful? Yes No Need more help? Get in touch with our dedicated support team Contact Us (704) 684-4751 support@taxbandits.com Sign Up for a FREE TaxBandits Account! The Smart CPA Choice Register Now Already have an account? Sign in