Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.BOI & FinCENThe following information is provided as a service to help those who never opened an LLC recently. The government rules have changed greatly and additional changes are coming in 2025. Open a Business Bank Account. You will need a dedicated bank account for your new corporation. For limited liability protection, make sure your personal assets and business assets remain separate. File your Beneficial Ownership Information report. As of January 1, 2024, most corporations are required to file Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN) in an effort to combat financial crime. Corporations formed after the effective date in 2024 have 90 days to file. Starting in 2025, BOI report filing must be completed within 30 days of company formation. Meanwhile, all existing corporations (formed before 2024) have until January 1, 2025 to file. Unless your corporation is exempt (for example, if you have 20+ employees and make over $5 million a year), you must provide FinCEN with information about you: Reporting company: your corporation Beneficial owner: anyone with substantial control over company operations, like a corporate officer, or anyone who owns at least 25% of the corporation Company applicant: the individual(s) responsible for your formation filing information you provide does not go on the public record. Beneficial Ownership Information (BOI Reports) must include the following information: Penalty for non compliance is $5,000 fine and $500 per day. Please provide Immediately the Following to Comply with Federal Regulations BOICopy of photo ID (for example, driver’s license or passport) front and back of drivers license. Name *FirstLastHome Address *City *State *Zip *Phone *Social Security * FinCEN State License Birth Date Month *Day *Year *Drivers License Upload * Click or drag files to this area to upload. You can upload up to 2 files. Submit