No, there is no fee required to submit your BOI (Beneficial Ownership Information) report to FinCEN. Filing through the official FinCEN BOI e‑Filing System (BOSS) is completely free Facebook+1fincenfetch.com+1Mississippi Secretary of State+9FinCEN.gov+9Online business incorporation+9.
Why Is BOI Filing Free?
The U.S. government aims to promote compliance with the Corporate Transparency Act (CTA) by eliminating financial barriers. As a result, FinCEN does not charge a filing fee for initial reports or updates FinCEN.gov.
Who Might Charge You (and Why)?
While FinCEN does not charge a fee, third-party providers—such as law firms, CPAs, or online filing platforms—often assist with BOI reporting for a separate service fee. These charges typically range from $25 to $450+ per filing, depending on complexity and provider type Online business incorporationfincenfetch.com.
Summary Table
Filing Method | Fee |
---|---|
Direct through FinCEN portal | Free |
Third-party filing service | Typically $25–$450+ |
Legal/accounting professionals | $300–$600+ per report |
How to File BOI Without Paying a Fee
- Visit the official FinCEN website: boiefiling.fincen.gov
- Register or log in to the BOI E‑Filing System
- Submit your report electronically—no fees required
FinCEN’s site may also provide optional identifiers (FinCEN ID), but these are not mandatory nor fee-based.
Final Thoughts
If you’re asking, “Is there a BOI filing fee?” the answer is clear: No—filing your BOI report through FinCEN is completely free. Any fee comes solely from third parties providing convenience or compliance support.