When filing a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN), specific details about your company and its beneficial owners are required. This crucial information helps enhance financial transparency and combat illicit financial activities.
Key Information for Your BOI Report
The BOI report details are categorized into information about the reporting company itself and information about its beneficial owners.
Essential Company Information
This section identifies the entity submitting the report. It ensures that the specific business is accurately documented.
- Full Legal Business Name: The complete official name of the company as registered.
- Any DBA or Trade Name Used by the Business: Any "doing business as" (DBA) names or trade names under which the company operates.
- Street Address of the Company's Primary Place of Business: The physical street address where the company's main operations are conducted.
Key Beneficial Owner Details
Beneficial owners are individuals who directly or indirectly own or control a significant portion of the company. Their details are essential for transparency.
- Full Legal Name: The complete official name of each beneficial owner.
- Date of Birth: The birthdate of each beneficial owner.
- Street Address of Current Residence: The physical street address of each beneficial owner's current home.
To summarize, here's a detailed breakdown of the information required for your BOI report:
| Company Information | Beneficial Owner Information |
|---|---|
| Full legal business name | Full legal name |
| Any DBA or trade name used by the business | Date of birth |
| Street address of the company's primary place of business | Street address of current residence |
For more comprehensive guidance on BOI reporting, you can refer to resources on Beneficial Ownership Information (BOI) reporting for businesses.
