BOI Filing No Longer Required for U.S. Entities

FinCEN has issued an interim final rule exempting domestic (U.S.) companies from Beneficial Ownership Information (BOI) reporting under the Corporate Transparency Act. Only foreign reporting companies must file, with a new 30-day deadline. U.S. persons are also exempt from providing their information to foreign entities.

Reference:

Department of the Treasury, FinCEN – Interim Final Rule on BOI Reporting Requirements (31 CFR §1010.380; RIN 1506-AB49), published March 2025.