{"id":6972,"date":"2026-05-13T15:50:46","date_gmt":"2026-05-13T20:50:46","guid":{"rendered":"https:\/\/wellnessfi.com\/staging3\/?p=6972"},"modified":"2026-10-05T17:50:37","modified_gmt":"2026-10-05T22:50:37","slug":"beneficial-owner-report","status":"publish","type":"post","link":"https:\/\/wellnessfi.com\/staging3\/beneficial-owner-report\/","title":{"rendered":"Updated after rule changes: the Beneficial Ownership Information Report"},"content":{"rendered":"\n<figure data-spectra-id=\"spectra-muvufa1j-nv0e2y\" class=\"wp-block-image is-resized\"><img decoding=\"async\" data-src=\"https:\/\/wellnessfi.com\/staging3\/wp-content\/uploads\/2024\/01\/arms-folded-great-hair-300x168.jpeg\" alt=\"\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/168;aspect-ratio:1.7857142857142858;width:300px;height:auto\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><b data-path-to-node=\"5,0\" data-index-in-node=\"0\">UPDATE: BOI Reporting Requirement Rescinded (March 2025)<\/b> As of March 26, 2025, FinCEN issued an interim final rule that <b data-path-to-node=\"5,0\" data-index-in-node=\"120\">exempts all U.S. domestic companies<\/b> from the requirement to report Beneficial Ownership Information.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If your business was formed in the United States, you are no longer required to file this report or maintain updated filings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In 2024, most small businesses <b data-path-to-node=\"10,0,0\" data-index-in-node=\"43\">were required<\/b> to file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN). However, as of March 2025, this mandate has been removed for U.S. companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What is the BOI report? It is a report that discloses the identities of certain business owners as required by the Corporate Transparency Act.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What is my deadline? Did you form your business\u2026<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\n<ul class=\"wp-block-list\">\n<li><br><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\" role=\"presentation\">Before <b>January 1, 2024? <\/b>Your deadline to file your first BOI report is <b>Jan 1, 2025.<\/b><\/p><br><\/li>\n\n\n\n<li><br><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\" role=\"presentation\"><b>After January 1, 2024? <\/b>Your deadline to file your first BOI report is 90 days after the date of formation.<\/p><br><\/li>\n\n\n\n<li><br><p dir=\"ltr\" style=\"font-size: 14.6667px; margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38;\" role=\"presentation\">After January 1, 2025? Your deadline to file your first BOI report is 30 days after the date of formation.<\/p><br><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">***Note that as of March 2025, the rule was amended to only apply to businesses <strong>formed outside of the United States.*** Domestic U.S. businesses are now exempt.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you made a mistake on your BOI report after submitting it, you have 90 days to correct it.&nbsp; <a href=\"https:\/\/fincen.gov\/sites\/default\/files\/shared\/BOI-Informational-Brochure-April-2024.pdf\" target=\"_blank\" rel=\"noopener\">Details<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Do I have to file a BOI report? As of 2025, you need to file if your business was formed outside or the United States.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Is there a filing fee? No, you do not have to pay to file the BOI Report. Yay!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How do I file the BOI report? <a style=\"text-decoration: none;\" href=\"https:\/\/boiefiling.fincen.gov\/boir\/html\" target=\"_blank\" rel=\"noopener\">Click here to go to the BOI filing website.<\/a> The link below guides you through the BOI report with screenshots.&nbsp; <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a style=\"text-decoration: none;\" href=\"https:\/\/drive.google.com\/file\/d\/1E7vY2LGAE1oDN8enCfHw_i4b69jywJJq\/view?usp=drive_link\" target=\"_blank\" rel=\"noopener\">BOI Report Instructions with Screenshots<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">How often do I have to file BOI reports? As of 2025, this only applies to businesses formed outside the US. You only need to file BOI reports again if: <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\">If\u2026<\/p>\n<\/td><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\">Yes\/No&nbsp;<\/p>\n<p dir=\"ltr\" style=\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\">Report Needed<\/p>\n<\/td><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\">Deadline<\/p>\n<\/td><\/tr><tr><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\">Addition\/resignation of officer<\/p>\n<\/td><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\">Yes<\/p>\n<\/td><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\">30 days after change<\/p>\n<\/td><\/tr><tr><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\">Eligible for reporting exemption<\/p>\n<\/td><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\">Yes<\/p>\n<\/td><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\">30 days after change<\/p>\n<\/td><\/tr><tr><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\">Termination\/dissolution<\/p>\n<\/td><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\">No<\/p>\n<\/td><td>&nbsp;<\/td><\/tr><tr><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\">Deceased beneficial owner<\/p>\n<\/td><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\">Yes, if there is new beneficial owner<\/p>\n<\/td><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\">30 days after settlement of estate<\/p>\n<\/td><\/tr><tr><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\">Beneficial owner who is a minor turns 18 years old<\/p>\n<\/td><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\">Yes, if parent was reported as owner<\/p>\n<\/td><td>\n<p dir=\"ltr\" style=\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\">30 days after change<\/p>\n<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>UPDATE: BOI Reporting Requirement Rescinded (March 2025) As of March 26, 2025, FinCEN issued an interim final rule that exempts all U.S. domestic companies from the requirement to report Beneficial Ownership Information. If your business was formed in the United States, you are no longer required to file this report or maintain updated filings. In [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_import_markdown_pro_load_document_selector":0,"_import_markdown_pro_submit_text_textarea":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"spectra_gs_classes":"[\"\"]","footnotes":""},"categories":[108,91],"tags":[],"class_list":["post-6972","post","type-post","status-publish","format-standard","hentry","category-compliance","category-faq"],"spectra_blocks_featured_image_url":null,"spectra_blocks_author_info":{"display_name":"Florence Ye","avatar_url":"https:\/\/wellnessfi.com\/staging3\/wp-content\/litespeed\/avatar\/11f11fb76405ca9f4485f099b32ee352.jpg?ver=1792378499","author_link":"https:\/\/wellnessfi.com\/staging3\/author\/florence-ye\/","description":""},"spectra_custom_meta":{"_last_editor_used_jetpack":["classic-editor"],"_edit_lock":["1791240639:13"],"_edit_last":["13"],"_elementor_edit_mode":["builder"],"_elementor_template_type":["wp-post"],"_elementor_version":["4.0.8"],"_elementor_pro_version":["3.35.1"],"_eael_post_view_count":["489"],"_wp_page_template":["default"],"_elementor_page_settings":["a:1:{s:18:\"eael_ext_toc_title\";s:17:\"Table of Contents\";}"],"_elementor_data":["[{\"id\":\"eb5e0a9\",\"elType\":\"section\",\"settings\":[],\"elements\":[{\"id\":\"bed6aee\",\"elType\":\"column\",\"settings\":{\"_column_size\":100,\"_inline_size\":null},\"elements\":[{\"id\":\"93af4c3\",\"elType\":\"widget\",\"settings\":{\"image\":{\"url\":\"https:\\\/\\\/wellnessfi.com\\\/staging3\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/arms-folded-great-hair-scaled.jpeg\",\"id\":6983,\"size\":\"\",\"alt\":\"\",\"source\":\"library\"},\"image_size\":\"medium\"},\"elements\":[],\"widgetType\":\"image\"}],\"isInner\":false}],\"isInner\":false},{\"id\":\"7b45753\",\"elType\":\"container\",\"settings\":{\"background_background\":\"classic\",\"__globals__\":{\"background_color\":\"globals\\\/colors?id=accent\"}},\"elements\":[{\"id\":\"45d40a9\",\"elType\":\"widget\",\"settings\":{\"editor\":\"<p><b data-path-to-node=\\\"5,0\\\" data-index-in-node=\\\"0\\\">UPDATE: BOI Reporting Requirement Rescinded (March 2025)<\\\/b> As of March 26, 2025, FinCEN issued an interim final rule that <b data-path-to-node=\\\"5,0\\\" data-index-in-node=\\\"120\\\">exempts all U.S. domestic companies<\\\/b> from the requirement to report Beneficial Ownership Information.<\\\/p><p>If your business was formed in the United States, you are no longer required to file this report or maintain updated filings.<\\\/p>\"},\"elements\":[],\"widgetType\":\"text-editor\"}],\"isInner\":false},{\"id\":\"f7ace85\",\"elType\":\"section\",\"settings\":[],\"elements\":[{\"id\":\"c10e6ec\",\"elType\":\"column\",\"settings\":{\"_column_size\":100,\"_inline_size\":null},\"elements\":[{\"id\":\"47623b0\",\"elType\":\"widget\",\"settings\":{\"editor\":\"<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">In 2024, most small businesses <b data-path-to-node=\\\"10,0,0\\\" data-index-in-node=\\\"43\\\">were required<\\\/b> to file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN). However, as of March 2025, this mandate has been removed for U.S. companies.<\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"background-color: transparent; color: #000000; font-family: 'Proxima Nova', sans-serif; font-size: 11pt; font-style: normal; font-weight: bold; white-space-collapse: preserve;\\\">&nbsp;<\\\/span><\\\/p>\\n<p><span style=\\\"font-style: normal; background-color: transparent; font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; font-weight: bold; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; white-space-collapse: preserve;\\\">What is the BOI report? <\\\/span><span style=\\\"font-style: normal; font-weight: 400; background-color: transparent; font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; white-space-collapse: preserve;\\\">It is a report that discloses the identities of certain business owners as required by the Corporate Transparency Act.&nbsp;<\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">What is my deadline? <\\\/span><span style=\\\"background-color: transparent; color: #000000; font-family: 'Proxima Nova', sans-serif; font-size: 11pt; font-style: normal; font-weight: 400; white-space-collapse: preserve;\\\">Did you form your business\\u2026<\\\/span><\\\/p>\\n<ul>\\n<li style=\\\"list-style-type: none;\\\">\\n<ul style=\\\"margin-top: 0; margin-bottom: 0; padding-inline-start: 48px;\\\">\\n<li dir=\\\"ltr\\\" style=\\\"list-style-type: disc; font-size: 11pt; font-family: Arial, sans-serif; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\\\" aria-level=\\\"1\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\" role=\\\"presentation\\\"><span style=\\\"font-weight: bold; font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Before<\\\/span> <span style=\\\"font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\"><b>January 1, 2024? <\\\/b><\\\/span><span style=\\\"font-style: normal; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; text-wrap: wrap; font-size: 11pt; font-family: 'Proxima Nova', sans-serif; font-weight: 400;\\\">Your deadline to file your first BOI report is <\\\/span><span style=\\\"font-style: normal; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; text-wrap: wrap; font-size: 11pt; font-family: 'Proxima Nova', sans-serif;\\\"><b>Jan 1, 2025.<\\\/b><\\\/span><\\\/p>\\n<\\\/li>\\n<li dir=\\\"ltr\\\" style=\\\"list-style-type: disc; font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\\\" aria-level=\\\"1\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\" role=\\\"presentation\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\"><b>After January 1, 2024? <\\\/b><\\\/span><span style=\\\"font-weight: 400; font-style: normal; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; text-wrap: wrap; font-size: 11pt;\\\">Your deadline to file your first BOI report is<\\\/span><span style=\\\"font-weight: bold; font-style: normal; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; text-wrap: wrap; font-size: 11pt;\\\"> 90 days<\\\/span><span style=\\\"font-weight: 400; font-style: normal; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; text-wrap: wrap; font-size: 11pt;\\\"> after the date of formation.<\\\/span><\\\/p>\\n<\\\/li>\\n<li dir=\\\"ltr\\\" style=\\\"font-size: 11pt; font-style: normal; list-style-type: disc; font-family: 'Proxima Nova', sans-serif; color: #000000; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; white-space: pre;\\\" aria-level=\\\"1\\\">\\n<p dir=\\\"ltr\\\" style=\\\"font-size: 14.6667px; margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38;\\\" role=\\\"presentation\\\"><span style=\\\"font-size: 11pt; font-style: normal; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; text-wrap: wrap;\\\"><span style=\\\"font-weight: bold;\\\">After January 1, 2025? <\\\/span><\\\/span><span style=\\\"font-size: 11pt; font-style: normal; font-weight: 400; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; text-wrap: wrap;\\\">Your deadline to file your first BOI report is<\\\/span><span style=\\\"font-size: 11pt; font-style: normal; font-weight: bold; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; text-wrap: wrap;\\\"> 30 days<\\\/span><span style=\\\"font-size: 11pt; font-style: normal; font-weight: 400; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; text-wrap: wrap;\\\"> after the date of formation.<br><\\\/span><\\\/p>\\n<\\\/li>\\n<\\\/ul>\\n<\\\/li>\\n<\\\/ul>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">***Note that as of March 2025, the rule was amended to only apply to businesses <strong>formed outside of the United States.*** Domestic U.S. businesses are now exempt.<\\\/strong><\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\"><br>If you made a mistake on your BOI report after submitting it, you have 90 days to correct it.&nbsp; <a href=\\\"https:\\\/\\\/fincen.gov\\\/sites\\\/default\\\/files\\\/shared\\\/BOI-Informational-Brochure-April-2024.pdf\\\">Details<\\\/a>.<br><\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-style: normal; background-color: transparent; font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; font-weight: bold; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; white-space-collapse: preserve;\\\">&nbsp;<\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-style: normal; background-color: transparent; font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; font-weight: bold; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; white-space-collapse: preserve;\\\">Do I have to file a BOI report? <\\\/span><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">As of 2025, you need to file if your business was formed outside or the United States.<\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-style: normal; background-color: transparent; font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; font-weight: bold; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; white-space-collapse: preserve;\\\">&nbsp;<\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-style: normal; background-color: transparent; font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; font-weight: bold; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; white-space-collapse: preserve;\\\">Is there a filing fee? <\\\/span><span style=\\\"font-style: normal; font-weight: 400; background-color: transparent; font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; white-space-collapse: preserve;\\\">No, you do not have to pay to file the BOI Report. Yay!<\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-style: normal; font-weight: 400; background-color: transparent; font-size: 11pt; font-family: 'Proxima Nova', sans-serif; color: #000000; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; white-space-collapse: preserve;\\\">&nbsp;<\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">How do I file the BOI report? <\\\/span><a style=\\\"text-decoration: none;\\\" href=\\\"https:\\\/\\\/boiefiling.fincen.gov\\\/boir\\\/html\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #1155cc; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: underline; -webkit-text-decoration-skip: none; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;\\\">Click here to go to the BOI filing website.<\\\/span><\\\/a> <span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">The link below guides you through the BOI report with screenshots.&nbsp; <\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.56; margin-top: 0pt; margin-bottom: 0pt;\\\"><a style=\\\"text-decoration: none;\\\" href=\\\"https:\\\/\\\/drive.google.com\\\/file\\\/d\\\/1E7vY2LGAE1oDN8enCfHw_i4b69jywJJq\\\/view?usp=drive_link\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #1155cc; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: underline; -webkit-text-decoration-skip: none; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;\\\">BOI Report Instructions with Screenshots<\\\/span><\\\/a><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.56; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 13px; font-weight: normal; color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif;\\\">&nbsp;<\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.56; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">How often do I have to file BOI reports? <\\\/span><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">As of 2025, this only applies to businesses formed outside the US. You only need to file BOI reports again if: <\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.56; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">&nbsp;<\\\/span><\\\/p>\\n<div dir=\\\"ltr\\\" style=\\\"margin-left: 108pt;\\\" align=\\\"left\\\">\\n<table style=\\\"border: none; border-collapse: collapse;\\\">\\n<colgroup>\\n<col width=\\\"174\\\">\\n<col width=\\\"118\\\">\\n<col width=\\\"188\\\"><\\\/colgroup>\\n<tbody>\\n<tr style=\\\"height: 0pt;\\\">\\n<td style=\\\"vertical-align: top; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">If\\u2026<\\\/span><\\\/p>\\n<\\\/td>\\n<td style=\\\"vertical-align: top; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Yes\\\/No&nbsp;<\\\/span><\\\/p>\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Report Needed<\\\/span><\\\/p>\\n<\\\/td>\\n<td style=\\\"vertical-align: top; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Deadline<\\\/span><\\\/p>\\n<\\\/td>\\n<\\\/tr>\\n<tr style=\\\"height: 0pt;\\\">\\n<td style=\\\"vertical-align: top; background-color: #cfe2f3; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Addition\\\/resignation of officer<\\\/span><\\\/p>\\n<\\\/td>\\n<td style=\\\"vertical-align: top; background-color: #cfe2f3; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Yes<\\\/span><\\\/p>\\n<\\\/td>\\n<td style=\\\"vertical-align: top; background-color: #cfe2f3; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">30 days after change<\\\/span><\\\/p>\\n<\\\/td>\\n<\\\/tr>\\n<tr style=\\\"height: 0pt;\\\">\\n<td style=\\\"vertical-align: top; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Eligible for reporting exemption<\\\/span><\\\/p>\\n<\\\/td>\\n<td style=\\\"vertical-align: top; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Yes<\\\/span><\\\/p>\\n<\\\/td>\\n<td style=\\\"vertical-align: top; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">30 days after change<\\\/span><\\\/p>\\n<\\\/td>\\n<\\\/tr>\\n<tr style=\\\"height: 0pt;\\\">\\n<td style=\\\"vertical-align: top; background-color: #cfe2f3; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Termination\\\/dissolution<\\\/span><\\\/p>\\n<\\\/td>\\n<td style=\\\"vertical-align: top; background-color: #cfe2f3; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">No<\\\/span><\\\/p>\\n<\\\/td>\\n<td style=\\\"vertical-align: top; background-color: #cfe2f3; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">&nbsp;<\\\/td>\\n<\\\/tr>\\n<tr style=\\\"height: 0pt;\\\">\\n<td style=\\\"vertical-align: top; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Deceased beneficial owner<\\\/span><\\\/p>\\n<\\\/td>\\n<td style=\\\"vertical-align: top; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Yes, if there is new beneficial owner<\\\/span><\\\/p>\\n<\\\/td>\\n<td style=\\\"vertical-align: top; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: 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break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; text-align: center; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">Yes, if parent was reported as owner<\\\/span><\\\/p>\\n<\\\/td>\\n<td style=\\\"vertical-align: top; background-color: #cfe2f3; padding: 5pt 5pt 5pt 5pt; overflow: hidden; overflow-wrap: break-word; border: solid #000000 1pt;\\\">\\n<p dir=\\\"ltr\\\" style=\\\"line-height: 1.2; margin-top: 0pt; margin-bottom: 0pt;\\\"><span style=\\\"font-size: 11pt; font-family: 'Proxima Nova',sans-serif; color: #353744; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\\\">30 days 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