Interactive compliance tool
Do I Still Need a BOI / FinCEN Report?
After FinCEN’s March 26, 2025 interim final rule, most U.S.-formed companies no longer file a BOI report — even when owned 100% by non-residents. Answer four questions to see whether you are exempt, a foreign reporting company with a 30-day deadline, or a case that needs professional review. It runs entirely in your browser.
- Questions
- 4
- one distinguishing answer
- Privacy
- Local
- no PII, browser-only
- Rule
- IFR 2025
- interim, may change
Interim final rule, current as of 2026-06-23, subject to change. FinCEN intends to finalize it later. Always confirm the live requirement at fincen.gov/boi before you file or rely on an exemption.
Workflow
How to use it
- 1 Answer where your company was legally formed — the single distinguishing question.
- 2 If you were formed abroad, say whether you registered to do business in a U.S. state and when.
- 3 Flag any possible CTA exemption so the tool can route it for review rather than decide it.
- 4 Read the decision-first result, then save the PDF, copy the summary, or add the deadline to your calendar.
Why this matters
The March 26, 2025 interim final rule quietly flipped the default: a U.S.-formed LLC or corporation — even one owned entirely by non-residents — is now exempt from BOI reporting, while only a company formed abroad and registered in a U.S. state remains a “reporting company.” Most online guidance still says “every LLC must file BOI,” which has been false for over a year. This tool classifies your entity from your own facts, surfaces the live 30-day deadline when one applies, and flags fact-specific exemption questions for a professional instead of guessing — because the rule is still interim and could change.
Questions founders ask
Does my U.S. LLC still need to file a BOI report?
Under FinCEN’s March 26, 2025 interim final rule, entities created by filing with a U.S. state or Tribal jurisdiction — and their beneficial owners — are exempt from BOI reporting, with no filing and no fee. Foreign ownership does not change this; the test is place of formation, not owner residency. This is general information, not legal advice.
Who still has to file a BOI report?
A “reporting company” is now only an entity formed under foreign-country law that has registered to do business in a U.S. state or Tribal jurisdiction. Those foreign reporting companies still file (unless a listed exemption applies). A company formed abroad with no U.S. state registration is outside the rule entirely.
What is the BOI deadline for a foreign reporting company?
A foreign company that registered in a U.S. state before March 26, 2025 had a fixed deadline of April 25, 2025 (now past). A company that registers on or after March 26, 2025 has 30 calendar days from receiving notice its U.S. registration is effective. Reports are filed free at the FinCEN BOI E-Filing System.
Is this BOI checker legal advice?
No. It is educational information and an estimate based on the published interim final rule — not an individualized legal determination, and it creates no attorney-client relationship. Whether one of the 23 CTA exemptions applies to you is fact-specific; the tool flags that for review rather than deciding it. Confirm your situation at fincen.gov/boi or with a qualified professional.
Is the rule final?
No. It is an interim final rule (effective March 26, 2025; comment period closed May 27, 2025) that FinCEN intends to finalize later, so it could change. Treat any result here as current as of 2026-06-23 and re-check fincen.gov/boi before relying on it.
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