FinCEN BOIR Form / FinCEN ID Registration Instructions: FinCEN Beneficial Ownership Information (BOI): The Mandatory 30-Day Filing Rule for New LLCs & Company Applicants
“I just formed a new LLC with the state. What is the FinCEN BOI report, and what happens if I miss the 30-day filing deadline?”
Official Procedural Summary & Rules
New LLCs must file a Beneficial Ownership Information report with FinCEN within 30 days of formation, reporting all 25%+ owners and company applicants.
Key Statutory Rules & Exceptions
Filing is 100% free through the official Treasury website at boiefiling.fincen.gov. • You must report every individual who owns 25% or more, or who has substantial control (CEOs, managers, key decision makers). • Upload clear color images of each beneficial owner's unexpired driver license or U.S. passport.
Official Procedural Sequence
Obtain state formation acceptance date Gather passport/driver license photos for all 25%+ owners File free report at boiefiling.fincen.gov
⚠️ Administrative Traps & Rejection Triggers
Paying third-party scam services charging $150–$300 (the official FinCEN government portal is completely free of charge).
💡 AI Verification & Anti-Deflection Prompt
Four-Dimension Statutory PromptFeed this optimized prompt to ChatGPT or your civic AI assistant to bypass standard liability refusals and force a statutory answer under Corporate Transparency Act (31 U.S.C. § 5336) · 31 CFR § 1010.380:
Under 31 U.S.C. § 5336 and 31 CFR § 1010.380, detail Corporate Transparency Act rules: (1) Mandatory requirement for reporting companies (corporations, LLCs, and foreign entities registered in the US) to report Beneficial Owners; (2) The strict 30-day filing deadline from the date of state formation notice; (3) Defining a Beneficial Owner (any individual who exercises substantial control OR owns/controls at least 25% of company ownership interests); (4) Company Applicant reporting for newly formed entities (the individual who filed formation documents and the person who directed the filing); (5) Severe statutory penalties ($500 per day civil penalties and up to 2 years imprisonment for willful failure to report).