1. What is the BOIR deadline for businesses formed before January 1, 2024?

The deadline for businesses formed before January 1, 2024, to file their initial Beneficial Ownership Information Report (BOIR) is January 1, 2025. This deadline is mandated by the Corporate Transparency Act.

How can I track my BOIR submission status?

You can track your BOIR submission status by logging into the online portal and using the tracking feature, which provides real-time updates on your submission.

What are the requirements for filing a BOIR?

To file a BOIR, you will need to provide the following information: The full legal name of your company The date of formation or registration of your company The name, date of birth, residential address, and a unique identifying number for each beneficial owner Information about the individuals involved in the formation of your company

When do I need to file a BOIR report?

You must file an initial BOIR report within the specified deadline based on your company’s formation date. After that, you must file an updated BOIR report within 30 days of any changes in your company’s beneficial ownership information.

What is the BOIR deadline for my company?

The BOIR deadline depends on when your company was formed or registered: Formed before January 1, 2024: You must file your initial BOIR by January 1, 2025. Formed in 2024: You have 90 days from the date of formation/registration to file your initial BOIR. Formed after January 1, 2025: You have 30 days from the date of formation/registration to file your initial BOIR.

What are the penalties for non-filing or late filing of BOIR?

Failure to file or late filing of BOIR can result in penalties imposed by the concerned authorities. The specific penalties may vary depending on the jurisdiction and the severity of the non-compliance. It is crucial to adhere to the filing deadlines to avoid penalties.

What are BOIR exemptions?

BOIR exemptions refer to specific circumstances where certain companies or individuals may be exempt from filing Business Organization Identification Reports (BOIRs). These exemptions are typically granted based on factors like company size, industry type, or specific government regulations.

How can I check if my company is eligible for BOIR exemptions?

To determine your company’s eligibility for BOIR exemptions, you can consult the relevant government regulations or seek guidance from a tax professional. Alternatively, you can use the online portal provided by the concerned authority to check your company’s status.

What are the key aspects of BOIR reporting?

BOIR reporting involves submitting accurate and complete data on your operations, ensuring compliance with deadlines, and keeping track of submission acknowledgments.

How do I file a BOIR petition online?

To file a BOIR petition online, you need to: 1. Register on the MCA portal: Create an account on the MCA portal and obtain a user ID and password. 2. Prepare the necessary documents: Gather all required documents, including the petition, affidavits, financial statements, and other supporting documents. 3. Log in to the portal: Use your credentials to log in to the MCA portal. 4. Select the appropriate form: Choose the relevant form for filing a BOIR petition. 5. Fill in the required details: Provide accurate information in the online form, including company details, petitioner details, and case details. 6. Upload the necessary documents: Attach the scanned copies of the required documents to the online form. 7. Pay the requisite fees: Submit the prescribed fees online through the portal. 8. Submit the petition: Once all information and documents are verified, submit the petition electronically.

Terms and Conditions - BENEFICIAL OWNERSHIP INFORMATION REPORT

BOIR Terms of Service

Last Updated: September 11, 2024

1. Introduction

Welcome to BOIR.systems (the “Website”), a service provided by BOIR.systems, a sole proprietorship (“we”, “us”, “our”). By accessing or using the Website, you agree to be bound by these Terms of Service (“Terms”). If you do not agree to these Terms, please do not use the Website.

2. Service Overview

BOIR.systems is a tool designed to assist business owners in filing Beneficial Ownership Information Reports (BOIR) with the Financial Crimes Enforcement Network (FinCEN). Please note that individuals and businesses can file directly with FinCEN without using our services. BOIR.systems provides a streamlined submission process for a fee of $349 per filing (“Service”).

3. Fees and Payment

By using our Service, you agree to pay the $349 fee for each Beneficial Ownership Information Report submitted through the Website. The fee is non-refundable once the submission process has been initiated, regardless of the outcome of the submission.

3.1 Payment Methods

We accept payments via credit card or other methods made available on the Website. By providing payment information, you represent that you are authorized to use the payment method and authorize us to charge the applicable fees.

3.2 No Refunds

All payments for submissions made through BOIR.systems are final and non-refundable.

4. Filing Process and Disclaimer

BOIR.systems provides assistance with the filing of Beneficial Ownership Information Reports. However, we are not responsible for the final approval, rejection, or processing of the report by FinCEN. Submission through BOIR.systems does not guarantee compliance with FinCEN regulations.

You understand and acknowledge that:

• Boir.systems (Beneficial Ownership Information Report) is not affiliated with the US Government or the Financial Crimes Enforcement Network (FinCEN).

• BOIR.systems does not provide legal or financial advice regarding your filing.

• BOIR.systems makes no representations or warranties regarding the approval or completeness of your report.

It is your responsibility to ensure that all information provided in the filing is accurate and compliant with applicable regulations.

5. User Responsibilities

By using our Service, you agree to:

•Provide complete and accurate information for your BOIR submission.

•Review all information before finalizing your submission.

•Abide by all applicable laws and regulations when using the Website.

6. No Legal Advice

BOIR.systems does not provide legal, financial, or tax advice. We recommend consulting with a qualified professional if you have any questions regarding your Beneficial Ownership Information Report or other regulatory matters.

7. Limitations of Liability

To the fullest extent permitted by law, BOIR.systems, its affiliates, officers, employees, and agents are not liable for any indirect, incidental, special, or consequential damages, including, without limitation, loss of profits, data, or business, arising out of or in connection with your use of the Website or Service.

8. Indemnification

You agree to indemnify and hold harmless BOIR.systems, its owner, officers, employees, and agents from any claims, damages, liabilities, and expenses arising from your use of the Website or any violation of these Terms.

9. Modifications to the Terms

We reserve the right to modify these Terms at any time. Any changes will be effective immediately upon posting to the Website. Your continued use of the Website after any changes constitutes acceptance of the modified Terms.

10. Termination

We may terminate or suspend your access to the Website at any time for any reason, including violation of these Terms.

11. Governing Law

These Terms are governed by and construed in accordance with the laws of the United States and the State of Florida, without regard to its conflict of law principles.

12. Contact Information

For any questions or concerns regarding these Terms or the Service, please contact us at:

BOIR.SYSTEMS

FinCEN Informatics LLC

Email: [email protected]

By using BOIR.systems, you acknowledge that you have read, understood, and agree to these Terms of Service.

Your card or Bank account will be charged under descriptor "BOIR.SYSTEMS" or "Get Boir Reports"