Starting this month, we at VP, will elucidate the components of the BOI -Beneficial Ownership Information (that is to be filed by small entities, to safeguard not only the commercial interest, but also economic safety). This post is in continuation of the earlier post on the BOI- Beneficial Ownership Information.
When is the form due?
FinCEN launched the BOI E-Filing website for reporting beneficial ownership
information (https://lnkd.in/gfvKUFqZ) on January 1, 2024.
• A reporting company created or registered to do business before January 1,
2024, will have until January 1, 2025, to file its initial BOI report.
• A reporting company created or registered in 2024 will have 90 calendar days
to file after receiving actual or public notice that its creation or registration is
Effective.
• A reporting company created or registered on or after January 1, 2025, will
have 30 calendar days to file after receiving actual or public notice that its
creation or registration is effective.
If you need help figuring out who should be included in this form, contact us at [email protected].
