File your required Beneficial Ownership Information Report!
As of January 1, 2024, small business owners must file a new report as part of the federal Corporate Transparency Act (CTA). The BOI report is now available with BusinessRocket.
What is the BOI Report?
What is the BOI Report?
Beneficial Ownership Information Report required by FINCEN
The BOI report is the new Beneficial Ownership Information report being administered by the Federal government, specifically the Financial Crimes Enforcement Network (“FinCen”) . This report is required to be filed by all existing and newly registered companies in the United States. While certain organizations may qualify for exemptions from this reporting obligation, it is important to note that even exempt entities must initiate an initial filing to formally confirm with FinCen of their exempt status.
When is the BOI Report Due?
This report has different filing requirements based on when your company was established:
Companies established AFTER January 1st, 2024
Organizations established AFTER January 1st, 2024 will have 90 days to file the reportCompanies established Before December 31st, 2023
Organizations established BEFORE December 31st, 2023 will have until the end of 2024 to file this report, thus the deadline is December 31st, 2024.What are the FinCen Penalties for failure to file the BOI report?
According to FinCen, companies may incur penalties of up to $500 per day for non-compliance with the filing requirements of this report. Timely submission of the report is crucial to prevent ongoing financial penalties imposed by the government.
Why use BusinessRocket to file a BOI report?
Lowest Price Guaranteed!
Shop with confidence knowing our best price guarantee ensures you get the lowest prices on LLC formation services nationwide. Unbeatable value, every time.
Fastest National Processing Times
Experience the advantage of our lightning-fast national processing times, ensuring quick and efficient service for your convenience. No more delays, just swift results.
FREE Compliance Guard for all!
Unlock peace of mind with our free compliance solution, effortlessly meeting regulatory requirements. Stay compliant without the burden of extra costs or complexities.
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Ready to get started?
Take the first step to being federally compliant
File BOI in 4 Easy Steps!
Complete a quick form about your business activity.
Your Permit application is professionally prepared by our team.
We ensure the State department processes and issues the Permit.
You receive a digitized Permit in your email.
Complete a quick form about your business activity.
Your Permit application is professionally prepared by our team.
We ensure the State department processes and issues the Permit.
You receive a digitized Permit in your email.
What our clients say.
Top notch service. Quick response to any questions and BusinessRocket provided all my documents needed to start operating my business within a few days! My new go to formation partner!
Super easy process to get all legal documents that we need to start our company. They were quick to response to any of our questions.
My experience with BR has been fantastic! They are knowledgeable, they offer a great variety services to tailor to your needs, and they are quick to respond and easy to work with.
3 years ago I found myself desperate about how to register a new business and I asked BusinessRocket to help me. I know the team for years and trust them. It was a piece of cake. They are very attentive and have outstanding customer service. I opened holistic business and real estate business and recommend this team to everyone who needs their help. They are the team to trust.
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With BusinessRockets Exceptional knowledge of many industries, we go to them for everything. The most annoying thing for me that was simple for them was getting my TCP. BusinessRocket is my go-to one stop shop. 4 years running.
Professional in their field! Great attitude!
The best business service company I've work with, bar none! Alex and his team are professional, punctual, highly verse in their field, and great to work with! wishing them more success down the road!
Best business services company in Southern California helping local business, as well as nationwide company formation and wide network of registered agents and solutions for your business ventures.
BusinessRocket has been assisting me with my various businesses over the past several years. They spend the time going through the options to ensure that I make informed decisions.
So glad I found BusinessRocket! They are professional and have a personal approach to their clients. They genuinely care and hold your hand through the process. If anyone ever wants to open a new business or needs help managing the existing one - they are the best ones in the industry!
Our office has been working with BusinessRocket for close to four years and in this time they have been an immense help to our practice. We consider them a partner in our business due to their great knowledge along with their willingness to always help. We consider them a great asset to our company and will always recommend them.
Very informative and responsive. They answered all my questions and concerns with corporate formation and taxes.
I have been a BusinessRocket client for many years. The staff is friendly and helpful, which makes it super easy to communicate my needs. And each year that I have been their client, they surprise me by their effort. But this year, BusinessRocket forever earned my loyalty. Earlier this year purchased a domain that I wanted for my new business. But, I instantly ran into a problem when it was time to form the corporation. The name that I wanted was very close to an existing one. I told Angela at BusinessRocket, that I wanted that name, for my corporation. After multiple rejections by the Secretary of State, and conversions on how I can still use the name of the domain for my business. I started to accept the fact that I'm not going to get what I hoped. While I went back to brainstorming the new name, I received a call from Angela, wishing me a belated birthday, and congratulating me that the original name was accepted and that the Secretary of State is processing it. I am very grateful to BusinessRocket for their effort and support.
The best part about their service is how their system updates you as components of your company are completed. Documents filed? Boom, got an email notification. State docs received? Boom, email notification. Their staff is also extremely helpful both through the chat feature on their website and through email.
We worked with Alex at BusinessRocket and are thrilled that we found him. Alex asked great questions about our project, helped us prioritize the work and got the job done. On time, on budget. When there were project scope discussions, Alex was very informative and supportive of our decisions. You should have no reservations whatsoever about how BusinessRocket will provide services to you and your firm. They are great.
Thank you to the BusinessRocket Team ! Very professional and knowledgeable, they led me step by step through the entire process while making the most efficient use of my resources.
Most professional, reliable and trustworthy company on the market.
I am amazed with their customer service and quality of work. Spoke to them on multiple occasions and every time had a great experience on the phone. Staff was knowledgeable, pleasant and honest. They definitely earned my referrals.
These people at BusinessRocket are deeply passionate about helping small business. Legal, accounting, compliance - highly recommend!
Great company. Excellent Service. The stuff is always ready to help.
BusinessRocket makes everything super easy from start to finish. I could not imagine starting a business myself when there is such an easy affordable solution to cut time and effort.
Excellent service, extremely responsive.
We used to use LegalZoom and now only use BusinessRocket. The customer service, ease of use, and just overall experience is so much better. Couldn't recommend them more!
Very grateful for BusinessRocket’s expertise and guidance. Starting my LLC has led to more questions than answers, so I appreciate them taking the time to walk me through the process, which was actually quicker than I thought it would be. Customer service is friendly and patient.
What do I need to Open a Bank Account?
The Essentials package is specifically designed for clients that need to open a Bank Account as quickly as possible. Most Banks will require the following documents to open an account: Articles of Organization, Federal Tax Identification Number (EIN), Operating Agreement, Original Company Meeting Minutes, and a Bank Resolution.
How do I start an LLC?
Forming an LLC for your business requires several steps, including naming your LLC, appointing a registered agent, preparing an operating agreement, and filing articles of organization with the Secretary of State in the state in which you are forming your business.
What is a limited liability company (LLC)?
A limited liability company (LLC) is a popular business structure that allows for the simplicity of pass-through taxation like a sole-proprietorship while providing liability protection for owners similar to a corporation.
What is a Registered Agent?
A registered agent is an individual or a company assigned to receive service of process and other official mail on behalf of a business. Generally, registered agents must maintain a physical address and be available to receive service of process during normal business hours, Monday - Friday.