BOIR - Apex Business Filings

Initiate Your Beneficial Ownership Information Report Today!

Under the Corporate Transparency Act, businesses are now mandated to file a Beneficial Ownership
Information Report to evade potential criminal and civil penalties. Let us guide you through a seamless
and compliant filing process for just $99.

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Discover the Advantage of Choosing APEX Business Filings

Why entrust APEX Business Filings for your Beneficial Ownership Information Report? Navigating a new law that carries civil and criminal penalties, including imprisonment and fines, can be overwhelming. With our streamlined report filing process, you can eliminate worry and mitigate risk efficiently.

Choose APEX Business Filings and experience confidence, efficiency, and peace of mind in meeting your Beneficial Ownership Information Report obligations.

Beneficial Ownership Information Report (BOIR)

Let us handle your BOIR filing. We'll transmit your information to FinCEN, ensuring compliance with the new Corporate Transparency Act regulation.

99$

The BOIR filing plan includes:

What is Beneficial Ownership Information Reporting?

Beneficial Ownership Information Reporting entails filing identifying information about individuals who directly or indirectly own or control your company with the Financial Crimes Enforcement Network. This requirement is essential for satisfying obligations under the Corporate Transparency Act.

The Beneficial Ownership Information Reporting Rule is set to take effect on January 1, 2024. It is crucial to grasp the implications of this new law, given the severity of potential criminal and civil penalties for non-compliance, including imprisonment and fines.

Ensure Compliance Today

Stay ahead of regulatory requirements by ordering your Beneficial Ownership Information Report through APEX Business Filings. Our streamlined process will assist you in fulfilling your obligations under the Corporate Transparency Act while minimizing the risk of penalties.

Streamlined Beneficial Ownership Information Reporting with APEX Business Filings

Completing the Beneficial Ownership Information Report in 3 Easy Steps

Ensuring accurate reporting of essential information regarding individuals who own or control your business is paramount to avoiding severe civil and criminal penalties. Let us simplify this process for you:

Tell us about your beneficial owners

Share details about the individuals who own or control your business through a straightforward questionnaire. This ensures that your report is tailored and precise.

We Handle Report Creation and Filing

Our expert team will craft a personalized report that meets all Beneficial Ownership Information reporting requirements. We'll take care of filing it on your behalf, saving you time and effort.

Receive Confirmation of Filing

Once your personalized report is filed with the Financial Crimes Enforcement Network (FinCEN), we'll promptly provide you with confirmation, giving you peace of mind.

Why Choose Assistance with the Beneficial Ownership Information Report?

Why entrust APEX Business Filings for your Beneficial Ownership Information Report?
Navigating a new law that carries civil and criminal penalties, including imprisonment and fines, can be
overwhelming. With our streamlined report filing process, you can eliminate worry and mitigate risk
efficiently.

Let APEX Business Filings simplify your Beneficial Ownership Information reporting process, ensuring accuracy, compliance, and peace of mind for your business.

Understanding the Beneficial Ownership Information Reporting Rule

The Beneficial Ownership Information Reporting Rule, mandated under the Corporate Transparency Act, introduces a new filing requirement by the Financial Crimes Enforcement Network (FinCEN), a bureau of the United States Department of the Treasury.

This rule aims to promote transparency concerning company ownership structures, aiding the federal government's efforts to combat financial crimes and fraud. By shedding light on beneficial ownership information, it serves as a crucial tool in preventing various illicit activities, including money laundering, corruption, human trafficking, drug trafficking, tax fraud, and fraud against employees, customers, and other businesses.

Definition of a Beneficial Owner:

A beneficial owner, as defined by the Corporate Transparency Act, is an individual who directly or indirectly:
Owns or controls at least 25% of your company's ownership interests. Exercises substantial control over your business.

Examples of individuals exercising substantial control can include:

● Key decision-makers within the reporting company
● Senior officers such as the president, chief executive officer, chief financial officer, general counsel, chief operating officer, or any officer with similar authority
● Individuals with the authority to appoint or remove certain officers or a majority of directors (or similar body) of the company

Understanding who qualifies as a beneficial owner is essential for complying with the reporting requirements outlined in the Corporate Transparency Act. By providing clarity on ownership structures, this regulation reinforces the U.S. government's commitment to deterring corporations engaged in harmful or illicit activities.

Understanding the Consequences of Non-Compliance

Each business bears the responsibility of filing a comprehensive Beneficial Ownership Information Report, detailing all individuals who control or own the business. Failure to comply with the reporting requirements and filing rules outlined in the Corporate Transparency Act carries severe consequences.

Penalties for Non-Compliance:

A beneficial owner of a business who willfully fails to adhere to the reporting requirement and filing regulations, or who intentionally misleads the Financial Crimes Enforcement Network (FinCEN), will face personal liability in the form of both criminal and civil penalties. Criminal penalties may include imprisonment for up to two years and/or fines of up to $10,000. Additionally, civil penalties of up to $500 per day may be imposed.

Accuracy is Crucial:

Even if a reporting company submits the report on time, penalties can still be enforced if the report contains incorrect information. Ensuring the accuracy of the filing is paramount to avoid penalties. We offer assistance in ensuring accurate filing through our simplified reporting and filing process, enabling compliance with the relevant law

Beneficial Ownership Information Report Deadline:

The Beneficial Ownership Information Reporting Rule came into effect on January 1, 2024. It's imperative to familiarize yourself with the requirements promptly to meet the deadline. The filing deadline varies based on your date of formation, which we can help determine, and we'll keep you informed with notifications leading up to your filing deadline.

In general:

● Business entities formed before January 1, 2024, have until December 31, 2024, to file.
● Business entities formed on or after January 1, 2024, have 90 days after formation to file.
● Business entities that amend their formation documents on or after January 1, 2024, have 30 days to submit a new report

Addressing this requirement promptly will safeguard your business against criminal and civil penalties for non-compliance, including imprisonment, fines, and daily penalties.

What's Included in the Beneficial Ownership Information Report?

The Beneficial Ownership Information Report encompasses various pieces of information about the reporting company and its owners:
● Company details such as its full legal name, any trade or DBA names, address, federal tax ID number (or EIN), and jurisdiction of creation.
● Owners' full legal names, birth dates, current addresses, along with images of acceptable identification documents (e.g., passports or driver's licenses), issuing jurisdiction, and document ID number.
● If the applicant who filed your entity formation documents is not one of the beneficial owners, they must also provide the same information as the beneficial owners.

How We Simplify the Process:

Utilizing our service streamlines the reporting and filing process, offering you the following benefits:
● Time-saving: We handle deadlines and accurate filing on your behalf.
● Stress reduction: We ensure compliance with reporting requirements, alleviating concerns related to the filing process.

Let APEX Business Filings simplify your Beneficial Ownership Information Report process, ensuring accuracy, compliance, and peace of mind for your business.

With the Founders' Essential Package, you can kickstart your entrepreneurial journey confidently, knowing that your business formation process is in capable hands.