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What Is a BOI Report & Do You Really Need to Submit One?
Wondering what that “BOI Report” everyone’s talking about is?
It’s related to the Corporate Transparency Act (CTA), a federal law for US companies requiring reporting of beneficial ownership information to combat financial crimes. It requires US companies to disclose who truly owns them – think investors, founders, anyone with significant control/ownership >25%.
Why the fuss?
It helps combat financial crime and terrorism by putting a face to every business. And yes, your early-stage startup likely needs to file. Skipping it can mean $500/day fines, $10,000 total, and even jail time!
Still confused?
Don’t sweat it. We’ll navigate the BOIR maze for you with our simple, affordable solution. Let us handle the paperwork, you focus on building your startup.
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(Before It’s Too Late!)
Here’s the scoop in even smaller bites:
BOI Report Tells the government who really
owns your company.Why?Fights crime and keeps things transparent.Who needs it? Almost all small businesses(except banks and financial-
related companies that most likely have already filed previously.)Skip it & you risk:$500/day fines, $10,000 total, and even jail time!
We’ve got your back:
Let us handle the BOI mess, you focus on your goals.
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Feel the zen knowing your Company is compliant!
How it Works:
Compliant in 3 Steps
We Handle the Paperwork:We translate your info into government-speak and file the required report. Sit back, relax, we’re on it.
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2
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Tell Us About Your Ownership:Share basic info on everyone holding significant control (owners or 25%+ stakeholders).
It’s quick and secure.
Stay Compliant, Effortlessly: We monitor updates and if anything changes, simply reply with the new info. We’ll handle the rest.
1
Tell Us About Your Ownership:Share basic info on everyone holding significant control (owners or 25%+ stakeholders).
It’s quick and secure.
2
We Handle the Paperwork:We translate your info into government-speak and file the required report. Sit back, relax, we’re on it.
3
Stay Compliant, Effortlessly: We monitor updates and if anything changes, simply reply with the new info. We’ll handle the rest.
That’s it, no confusing government interface, no delays, just peace of mind. Get compliant in minutes and focus on building your startup, not paperwork.
Get Started Now
and sleep soundly knowing you are compliant.
FAQs
Got questions about BOI compliance and how we can help? Don’t worry, we’ve got you covered. Here are the answers to your burning questions:
What’s this BOI thing all about?
The Corporate Transparency Act mandates US companies to disclose who truly owns them (investors, founders, anyone with significant control). It’s all about fighting bad guys and keeping things transparent.
Does my startup need to do this?
If you have a legal entity in the US, then the odds are yes. The only exceptions are publicly traded companies, nonprofits, and a few others. Don’t be the next headline – check your status!
Okay, I need to do it. What happens if I don’t?
Let’s just say you wouldn’t want to test Uncle Sam’s patience. Fines go up to $500/day, $10,000 total, and there’s even jail time on the table. Yikes.
This sounds complicated. How do you make it easy?
We’re the BOI whisperers! You share some basic info about your team, we handle the paperwork, and voila! Compliance in minutes. Think of us as your legal shield against paperwork monsters.
Do I have to update this stuff later?
Life happens, startups pivot. If anything changes in your ownership structure or anyone relocates their home address, just let us know with a quick reply. We’ll handle the update so you can focus on building your empire. Don’t worry about forgetting, we will check in every month just in case.
Less than the cost of your lawyer responding to your email asking about it. For $99, you get peace of mind, expert support, and compliance protection. Now that’s an investment with serious ROI.
Okay, I’m convinced. How do I get started?
Easy! Click “Get Started Now” and answer a few simple questions. We’ll take care of the rest. Boom, BOI done, startup dreams safe and sound.
Okay, I need to tell you guys stuff about my team. What exactly do I share?
Think names, addresses, IDs for anyone holding the reins (owners or 25%+ stakeholders). It’s secure, encrypted, and we pinky promise not to judge your sock drawer collection.
How long does this whole BOI filing thing take?
Faster than your next funding round! We file your report in a flash, usually within 2 business days. Consider it paperwork magic.
Uh oh, typo alert! Did I mess up my BOI report?
Don’t sweat it. Mistakes happen. Just shoot us a quick note and we’ll fix it like ninjas – silently and efficiently.
Do you guys do more than just file the report?
We’re your BOI BFFs! We monitor changes, send friendly reminders, and handle updates. You focus on building your empire, we’ll keep you compliant and caffeinated.
Privacy is kinda my thing. How safe is my info with you?
Fort Knox levels of secure! We use bank-grade encryption and treat your data like the crown jewels. No shady characters allowed.
My startup is evolving, things change. What if my ownership structure shifts?
Life happens, pivots happen. Just let us know with a quick reply and we’ll update your report – no drama, no extra fees. Easy peasy.
Can’t I just do this BOI stuff myself? Why pay you?
Think of us as your legal shield against paperwork monsters. We save you time, stress, and potential fines. Plus, our coffee runs are legendary.
We’re experts in this BOI maze. We guarantee our service with a 100% money-back if you’re unhappy with our services.
Free trial? Convince me I’m not crazy for trusting you.
Absolutely! Click “Get Started Now” and answer a few simple questions. We’ll show you how easy BOI compliance can be. No strings attached, just peace of mind.
Still have questions? Don’t hesitate to chat with our friendly support team, send your email to support@boizen.co. We’re here to help you conquer the BOI beast and focus on what you do best: building the next big thing.
Pricing
Get Compliant for $99/year
$99
per yearper business
Automated Report Filing:
We handle the entire BOI report filing process, from data collection to government submission.
Compliance Monitoring:
We stay on top of deadliness and alert you to any potential changes in regulations.
Secure Data Storage:
Your personal and business information is protected with bank-grade encryption.
Unlimited Updates:
Need to report new ownership changes? We handle them quickly and easily, no extra fees.
Friendly Support:
Our team of experts is always happy to answer your questions and guide you through the process.
Peace of Mind:
Sleep soundly knowing your startup is compiant and protected from hefty fines and legal headaches.