ALERT [Updated August 11, 2026]:

FinCEN has finalized its BOI reporting rule. Under the new rule:

  • U.S. companies are exempt from BOI reporting requirements and therefore, are no longer required to file BOI reports.
  • Only certain foreign companies registered to do business in the U.S. must report BOI.
  • These foreign companies do not need to report BOI for U.S. person beneficial owners or U.S. person company applicants.
  • U.S. persons with a FinCEN ID are not required to update or correct the information they previously submitted to FinCEN.

Please refer to FinCEN's website for the latest information: https://www.fincen.gov/boi


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