Corporate Transparency Act

UPDATE:  BOI REPORTS NOW ONLY REQUIRED FOR FOREIGN REPORTING COMPANIES

On March 21, 2025, FinCEN issued an interim final rule removing U.S. companies and persons from the CTA’s BOI reporting requirement.  Under that rule, only foreign companies doing business in the United States would be required to file BOI reports and they would only need to disclose those beneficial owners who aren’t considered U.S. persons.  More information can be found here.  

BENEFICIAL OWNERSHIP INFORMATION REPORT FILING

Our specialized BOI Report team is ready and able to file your reports with FinCEN and obtain necessary Employee Identification Numbers (EINs) as needed. Sensitive data is securely transmitted directly to our team by way of Capitol Services’ Business Compliance Manager (CapitolBCM), which offers the intuitively designed BOI Report Builder, allowing you to build reports with ease and at your leisure.

PREPARATION TOOLS AND TIPS

• Determine if a company is exempt with our CTA Exemption Wizard.
• Quickly establish beneficial owners using our CTA Beneficial Owner Wizard.
• Save to desktop all required identification images for parties without a FinCEN ID.
• If an EIN is required for your submission, complete and save a fillable EIN Application form.
• See Resources and FAQs below for more information and links to fillable forms.