Woodall & Associates, P.A.
BOI Information Needed
A reporting company must report:
- Legal name
- Any trade names, DBAs, or trading as names
- Current street address of its principal place of business
- Its jurisdiction of formation or registration
- Taxpayer ID#
Beneficial owners must report:
- Individual's name
- Date of birth
- Residential address
- An ID# from an acceptable ID document (passport, U.S. driver's license, and name of issuing state or jurisdiction of the ID document
- Must supply an image of the ID document and it cannot be expired
There are a few factors used in determining a beneficial owner, including an individual who, indirectly or directly:
- Exercises substantial control over a reporting company
- Owns or controls 25% of more of a reporting company's ownership interests
Woodall & Associates, P.A.
BOI Reporting Assistance
Navigating to the BOI Reporting
Click on "File" to file a report using the BOI E-Filing Information Screen
Click on BOI E-Filing Get Started
Click on File Online BOIR
Type of filing:
Initial report for all entities reporting for the firm time or
Update prior report if a beneficial owner has changed
Reporting Company Screen
#3 and #4 may remain unchecked
#5, fill in your company name
If you use a DBA for your company, fill in the alternative name in #6
In #7, use your EIN if you business has a federal ID number and use your SSN if your business does not have a federal ID number
Fill in your EIN or SSN in #8 no dashes
#10a: United States of America
#10b: Pick the state in which your business was FORMED. For those of you who have your LLC registered in multiple states, this information is the state in which your LLC was initially formed.
#11 - #15: Fill in the address of the LLC. Only physical addresses are accepted.
Click "Next"
Company Applicant(s) Screen
Check the box in #16 if the company existed before 1/1/24. If the company is new in 2024, you must fill in #19 - #33 and upload a copy of your driver's license or passport.
Beneficial Owner(s) Screen
IMPORTANT: If there are multiple beneficial owners, you're going to need to repeat the process for #36 or #38 - #51 for how many beneficial owners there are in your LLC. Use the "Add Beneficial Owner" button on the top right to add more beneficial owners.
Fill in #36 if FinCEN ID
Fill in #38 - #51 for no FinCEN ID
Click "Next"
Submit Screen
Fill in email address, confirm email, first name, and last name, check the "I agree" box, and click the "I am human" box
Perform Captcha testing
Click "Submit BOIR"