This newsletter content will summarize the key changes in BOI reporting requirements for fast-growing service companies, particularly highlighting FinCEN's interim final rule of March 26, 2025. It will inform U.S.-formed entities that they are now exempt from federal BOI reporting, while emphasizing the need to confirm their domestic status and continue monitoring for future regulatory changes. For foreign entities registering to do business in the U.S., the newsletter will outline their continued obligation to report BOI, detailing the new deadlines: April 25, 2025, for those registered before March 26, 2025, and 30 calendar days for those registered on or after March 26, 2025. It will also provide a concise compliance checklist for foreign reporting companies, covering essential steps for data collection, e-filing, and understanding beneficial owner definitions, along with a brief mention of update/correction obligations and potential penalties for non-compliance.