BOI compliance strategic planning

Stay informed about the latest changes to Beneficial Ownership Information (BOI) reporting. A significant interim final rule issued by FinCEN in March 2025 has updated who must file.

The short answer for US LLCs and domestic companies is that they are currently exempt from BOI reporting requirements. However, foreign entities registered to do business in the U.S. must still comply, with revised deadlines.

For foreign reporting companies registered before March 26, 2025, the deadline to file BOI reports is April 25, 2025. Those registered on or after March 26, 2025, have 30 calendar days after their registration is effective to file.

For a comprehensive understanding of these changes, including detailed checklists and practical compliance guidance, please refer to our full blog post.

Stay informed about the latest changes to Beneficial Ownership Information (BOI) reporting. A significant interim final rule issued by FinCEN in March 2025 has updated who must file.

The short answer for US LLCs and domestic companies is that they are currently exempt from BOI reporting requirements. However, foreign entities registered to do business in the U.S. must still comply, with revised deadlines.

For foreign reporting companies registered before March 26, 2025, the deadline to file BOI reports is April 25, 2025. Those registered on or after March 26, 2025, have 30 calendar days after their registration is effective to file.

For a comprehensive understanding of these changes, including detailed checklists and practical compliance guidance, please refer to our full blog post.