Who must file BOI reports: (exceptions apply) BOI REPORTING?

• Qualifying business owners must file the BOI report with FinCEN – the U.S. Department of the Treasury’s Financial Crimes Enforcement Network. FinCEN issues instructions on who must file a report, when to file, and what information to include in the report. The reporting requirements are far-reaching. It’s not always clear what types of entities must file the BOI report. Based on current reporting rules, two types of entities are considered “reporting companies:” a domestic reporting company and a foreign reporting company.