Stay Compliant with a Beneficial Ownership Information Report

  • Securely provide your beneficial ownership information in our online information forms.
  • We prepare and submit your filings starting January 2024 to save you up to 3 hours per report.*
  • Eliminate tracking and filing efforts. Our annual fee includes initial, update, and correction filings.

$199 annually per entity

    Protect your good standing with our BOI service

    Unsure if this requirement applies to you? We’ve made it easy to figure out — just answer a few simple questions and we’ll confirm if you need to file (no payment or personal information required).

    Avoid Penalties

    If you’re an LLC, corporation, or foreign entity registered in the United States, you likely need to file a BOI report. Companies that fail to comply could face fines of up to $500 per day.

    Get Ahead of the Deadline

    Take care of this requirement now, so you don’t have to remember in 2024. We’ll monitor any changes, comply with your company’s precise obligations, and get ready to file before this law even goes into effect.

    Leave it in Expert Hands

    Avoid errors trying to satisfy this brand new law. Join the 300,000+ businesses that have trusted us to keep them compliant with government regulations.

    Focus on Your Business

    Our team handles all the paperwork so staying compliant can be the easy part of running your business. Plus, you get the option to choose ongoing compliance assistance for year-round peace of mind.

    How it works

    Pre-order your beneficial ownership information report and we’ll send you a few
    questions to answer before filing.

    Buy Now & Save

    Save $50 by locking in your BOI Report now before the law goes into effect on January 1, 2024.

    Fulfill Your Legal Obligation

    All companies formed before 2024 will have one year starting from January 1st to disclose their beneficial ownership information. Businesses formed after this will have 90 days to comply with these reporting regulations.

    Accuracy Guaranteed

    Our filings are guaranteed to be 100% accurate. If you’re not satisfied, inform us for a full, timely refund.

    Next Steps for Your Business

    Is your company required to file a beneficial ownership report?

    “Fair price, keeps company compliant, much better than Legal Zoom. Absolutely great service that keeps my LLC on track. Friends of mine have used other services like Legal Zoom, and it’s just a plethora of upsells over and over. Swyft Filings was not only 50% less but they are fast and help you along the way. Very responsive in the chat window when you need them.”

    TESTIMONIALS

    We Take Care of Business, Your
    Business

    • 300,000+ businesses created since 2015

    • 36,000+ five-star reviews

    • Personalized customer service specific to your needs

    Unsure if your business is required
    to file?

    While there are a few rare exceptions, almost every business is required to file a BOI Report under the new law. If you aren’t sure whether this requirement applies to you, we’ve made it easy to figure out (no payment or personal information required).

    Frequently
    Asked Questions

    Still have questions? Call 678.540.1750 or Live Chat with us for real-time support.

    What is a Beneficial Ownership Information (BOI) Report?

    A BOI Report outlines the ownership and control structure of a business, providing transparency about individuals who ultimately own or substantially control the entity.

    What is Beneficial Ownership?

    Beneficial ownership refers to the individuals who own, control, or receive benefits from an entity, regardless of whether their names appear on official documentation. These individuals might exercise significant control over the company’s operations, decision-making, and financial matters. Beneficial ownership is a critical concept in various industries to promote transparency, prevent financial crimes, and ensure accountability within businesses.

    What is the Corporate Transparency Act (CTA)?

    The Corporate Transparency Act (CTA) is a federal law requiring certain businesses to report their beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN) to prevent money laundering and fraud.

    How often do I need to file a BOI Report?

    Companies established prior to 2024 will have a year from January 1st to disclose beneficial ownership information, while those formed afterward will have 90 days from the date of formation to comply with reporting rules. Updated reports are necessary if there are changes in ownership or eligibility for exemptions.

    What are the consequences of not filing a BOI Report on time?

    Failure to file a BOI Report on time can result in substantial civil and criminal repercussions. Delays or inaccuracies in reporting under the CTA could lead to civil penalties of up to $500 per day for ongoing violations, and individuals might face criminal penalties including imprisonment for up to two years and fines of up to $10,000.

    Who is required to file a BOI Report under the CTA?

    Entities that fall under the definition of a “Reporting Company,” including corporations, LLCs, and foreign entities registered to do business in the U.S., generally need to file BOI Reports. See if my business is required to file.

    Are there exemptions from filing BOI Reports?

    Yes, exemptions exist for various entities like heavily-regulated financial institutions, tax-exempt organizations, inactive businesses, and others meeting specific operational criteria.

    What information needs to be disclosed in a BOI Report?

    A BOI Report typically requires disclosing the names, addresses, birthdates, and ownership percentages of individuals who directly or indirectly control the business.

    What are the benefits of using a service for BOI reporting?

    Using a service ensures accurate and timely submissions, helps navigate exemptions, and minimizes the risk of errors and penalties.