Introduction
Many business owners are asking the important question: “Is BOI filing still required in 2025?” The short answer is yes. The BOI (Beneficial Ownership Information) filing requirement remains in effect and is enforced by the Financial Crimes Enforcement Network (FinCEN) under the Corporate Transparency Act (CTA).
In this post, we’ll explain why BOI filing is still required, who needs to file, and what your business must do to stay compliant.
Is BOI Filing Still Required?
Yes, BOI filing is still required in 2025. As of now, there have been no changes, cancellations, or delays in the BOI reporting requirements set by the Corporate Transparency Act.
All reporting companies, including LLCs, corporations, and other small business entities, must file with FinCEN to disclose the identities of their beneficial owners—people who either own at least 25% of the company or have substantial control over it.
Why Is BOI Filing Still Enforced?
The Corporate Transparency Act was designed to prevent financial crimes like:
- Money laundering
- Terrorist financing
- Tax evasion
- Fraud and shell company misuse
By requiring companies to disclose ownership information, the government increases transparency and accountability in business operations.
2025 BOI Filing Deadlines
| Entity Formation Date | Filing Deadline |
|---|---|
| Before Jan 1, 2024 | File by Jan 1, 2025 |
| Formed in 2024 | File within 90 days |
| Formed in 2025 and beyond | File within 30 days |
What Happens If You Don’t File?
Failing to file your BOI report may result in:
- Civil penalties of $500/day
- Criminal charges with fines up to $10,000 and imprisonment of up to 2 years
These penalties make it clear: filing is not optional.
How to File a BOI Report
To file your BOI report, visit the official FinCEN website:
https://www.fincen.gov/boi
The process is free, and updates must be submitted if beneficial ownership information changes.
Conclusion
So, is BOI filing still required in 2025? Absolutely. It’s not only required—it’s a legal obligation for most small business entities in the U.S.
Avoid penalties by staying compliant. Need help filing? Visit FormLLC.us for easy, guided BOI reporting services and LLC support.
