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.

Privacy Policy

Last Updated: Last Updated: September 11, 2024

Welcome to BOIR.systems! Your privacy is very important to us. This Privacy Policy outlines how we collect, use, and safeguard your information. By using our website, you consent to the practices described in this policy.

1. Information We Collect

We collect the following types of information to provide you with a customized experience on our website:

Personal Information: When you interact with us through BOIR.systems, you may voluntarily provide information that identifies you personally, such as your name, email address, phone number, and postal address. You may also provide us with other details when filling out forms or contacting us.
Usage Data: We automatically collect data about how you use our website, including your IP address, browser type, device information, pages visited, and referring URLs. This data helps us understand how our visitors interact with our website.
Cookies and Tracking Technologies: BOIR.systems uses cookies and similar tracking technologies to enhance user experience, analyze trends, and track user navigation on the website. You can choose to disable cookies through your browser settings, though doing so may affect certain functionalities.

2. How We Use Your Information

We use the information collected for the following purposes:

To provide, operate, and maintain BOIR.systems.
To respond to your inquiries and provide customer support.
To improve our website, products, and services based on your feedback.
To send promotional communications, newsletters, and other marketing messages, provided you have given your consent.
To ensure compliance with applicable laws, regulations, and legal requirements.

3. Information Sharing and Disclosure

We do not sell, trade, or otherwise transfer your personal information to third parties unless one of the following conditions applies:

Service Providers: We may share your information with trusted third-party service providers who help us operate our website and deliver services to you, subject to confidentiality obligations.
Legal Compliance: We may disclose your information if required to do so by law or in response to valid requests by public authorities.
Business Transfers: In the event of a merger, acquisition, or sale of assets, your information may be transferred as part of the transaction.

4. Security of Your Information

We take appropriate measures to protect your personal information against unauthorized access, alteration, or destruction. However, no internet transmission is completely secure, and we cannot guarantee the absolute security of your data.

5. Your Rights

Depending on your location, you may have the following rights:

To access, update, or delete the personal information we hold about you.
To opt out of marketing communications by following the unsubscribe instructions in our emails.
To request restrictions on processing your information under certain conditions.

To exercise these rights, please contact us at [email protected].

6. Third-Party Links

BOIR.systems may contain links to other websites. We are not responsible for the privacy practices or content of these external sites. We encourage you to read the privacy policies of any website you visit.

7. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any changes by posting the updated policy on this page. Please review this page periodically to stay informed of any updates.

8. Contact Us

If you have any questions about this Privacy Policy, please contact us at:

Email: [email protected]

Thank you for trusting BOIR.systems with your privacy.

Privacy Policy

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