BOI filing checker
Answer a few questions about your entity. We will tell you if a BOI report is likely required.
Most US LLCs and corporations must report their real owners to FinCEN under the Corporate Transparency Act. The checker above gives a quick read; here is the detail behind your result.
What a BOI report contains
A BOI report identifies each beneficial owner — anyone who owns 25% or more of the company or exercises substantial control — plus the company applicant for newer entities.
- Full legal name, date of birth, and residential address for each owner
- An image of an acceptable ID such as a passport or driver's license
- Filed directly with FinCEN — it is not public and not a business-registry listing
Who is exempt
There are 23 exemptions. The most common is the large operating company, and you must meet all three parts:
- 20 or more full-time US employees, and
- More than $5M in US-source revenue, and
- A physical office in the United States
Banks, insurers, public companies, and registered investment companies are also exempt. Small or dormant single-member LLCs usually are not exempt.
Deadlines and the cost of ignoring it
- Formed before 2024 or during 2024: earlier deadlines that have generally passed — file now.
- Formed on or after January 1, 2025: generally 30 days from formation.
- Ownership, address, or ID changes trigger an updated report, usually within 30 days.
Willful failure can bring civil penalties that adjust for inflation each year, plus potential criminal penalties.
Related tools & guides
Keep going: US company formation · BOI report 2026 guide · Form 5472 checker.
Frequently asked questions
Who has to file a BOI report?
Most LLCs, corporations, and similar entities created by filing with a US Secretary of State are reporting companies, unless they qualify for one of 23 exemptions such as the large operating company exemption.
What is the BOI filing deadline?
Entities formed before 2024 and during 2024 faced earlier deadlines; companies formed on or after January 1, 2025 generally have 30 days from formation to file.
What are the penalties for not filing?
Willful failure to file can bring civil penalties that adjust for inflation each year, plus potential criminal penalties, so it should not be ignored.
Do single-member LLCs have to file?
Usually yes. A single-member LLC created by a state filing is generally a reporting company unless it qualifies for a specific exemption.
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