As of March 26, 2025, U.S. domestic companies (including U.S. LLCs and corporations) are exempted by FinCEN’s interim final rule from the BOI reporting requirements under the CTA; only certain foreign entities registered in the U.S. must file BOI reports and face new deadlines. For next-generation startup founders (US-based LLCs), immediate mandatory BOI filing to FinCEN is not required under this interim rule, but prudent internal recordkeeping, compliance preparation, and counsel consultation remain essential because the policy is in flux.
