File your mandatory BOI Report in minutes with BOISimply.

A BOI Report is a new federal requirement that discloses information about who owns and controls your business. This report, required by FinCEN under the Corporate Transparency Act, helps prevent financial crimes and increase business transparency. Every company must identify their beneficial owners - those who own 25% or more of the company or exercise substantial control.

Nearly all companies doing business in the U.S., including foreign entities and domestic LLCs or corporations, must submit BOI Reports. Only certain organizations like large operating companies, banks, and tax-exempt entities are exempt.

Filing your BOI Report is simple through our secure online platform. We guide you step-by-step through entering your company and beneficial owner information. Once complete, we submit your report directly to FinCEN's secure filing system.

While FinCEN doesn't charge a fee for BOI Reports, our service fee is $99 for secure and guided filing. This includes manually verification of your filing info and secure submission to FinCEN. We offer a straightforward, transparent pricing structure with no hidden fees.

Companies created before January 1, 2024, must file by January 1, 2025. Companies formed in 2024 have 90 days from their creation date to file. Any company formed after January 1, 2025, will have 30 days from their creation date to file.

Yes, you can file reports for multiple companies using our platform. Each company requires a separate BOI Report submission.

BOISimply uses enterprise-level encryption to protect your sensitive information. Our secure platform is designed to meet federal data protection standards. We never share your information with third parties except for the required submission to FinCEN.

When you file with BOISimply, we submit your BOI report to FinCEN for you and run through a series of verification checks to ensure your information meets FinCEN's requirements. Our support team is also available via live chat to answer any questions you may have during the filing process.

Failing to file a BOI Report can result in significant penalties from FinCEN, including fines up to $500 per day and potential criminal penalties up to $10,000. The penalties apply for both willfully failing to file and filing incorrect information. These consequences make it crucial to file accurately and on time.