The CTA is a federal law enacted to combat money laundering, terrorist financing, and other illicit activities. It requires businesses to report their Beneficial Ownership Information (BOI) to FinCEN.
⚠ NOTICE: Failure to file Beneficial Ownership Information may result in penalties of up to $591/day.
Faq's
The CTA is a federal law enacted to combat money laundering, terrorist financing, and other illicit activities. It requires businesses to report their Beneficial Ownership Information (BOI) to FinCEN.
Most LLCs, corporations, and partnerships must comply unless exempt.
Exempt entities include publicly traded companies, banks, insurance companies, and large operating companies meeting specific criteria.
Use our secure online platform to provide your details, upload documents, and pay the filing fee.
Reports are processed within 2–3 business days if all submitted documents are accurate and complete. To avoid delays, ensure all required information is correct before submission. Ready to file? Submit Your BOI Report Now.
Daily fines of up to $591 and cumulative penalties of up to $10,000.
File within 90 calendar days of registering your business.
