DIY Guide on Filing Beneficial Ownership Information Report for LLCs and Corporations Formed Before January 1, 2024

Overview: Filing Beneficial Ownership Information Reports

You will need the following items to file the report:

• Entity Employer Identification Number (EIN)
• Identifying information for all individuals who own or control at least 25 percent of the ownership interests of the company.
• Identification issued by a US State, or a US or foreign passport for each beneficial owner.
• The full legal name, US residential address, and date of birth for each beneficial owner.
• OR ALTERNATIVELY: the FinCEN ID number for beneficial owners.

Identify Beneficial Owners of your Entity

A beneficial owner is any individual who either directly or indirectly:

• Exercises substantial control over a reporting company; OR
• Owns or controls at least 25 percent of the ownership interest in a reporting company.

Steps to File Your Report

Follow-Along Steps Below:

1. Go to Fincen BOI filing system here: BOI E-FILING (fincen.gov).
2. Click on prepare and submit "File Online BOIR."
3. Type of filing: select "Initial Report."
4. Request to receive Fincen ID (optional, but recommended by our firm).
5. Provide your entity's name. If you changed your entity name, you can write ABC LLC f/k/a BBC LLC (f/k/a = formally known as).
6. Provide your EIN number.
7. Provide your jurisdiction of formation or first registration; (if you domesticated your company to Florida, you may be better off using Florida for your company's jurisdiction so that you submit the most up to date information).
8. Provide the current U.S. address where your company conducts business. If you are a virtual business, provide your home address. DO NOT USE your private mailbox or a P.O. box.
9. Q#16 - Check this box - Existing Reporting Company
10. Part II for information about company applicant will be skipped when you check Q16.
11. Provide each beneficial owner's information.
12. Provide the filer's information and e-mail and submit report.
13. Download and save the confirmation of the report in a safe area.

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