Smart Start Makes BOI Compliance Easy for New LLCs
Meeting the compliance requirement of the Business Ownership Information report can be a worrying and time consuming process. Smart Start exists to make compliance easy.
Frequently Asked Questions
What is BOIR?
BOIR stands for “Business Ownership Information Report” and is document that all new entities, such as LLCs, have to file with FinCEN. The document states which individuals own or control the company.
What is FinCEN?
The Financial Crimes Enforcement Network - It is a bureau of the United States Department of the Treasury that collects and analyzes information to combat financial crimes like money laundering.
Do I need to file?
Corporations, LLCs, and any other entities created by the filing of a document with a secretary of state or any similar office may be required to file - so long as the entity is not one of 23 types of exempt entities.
What Makes Us Different
We call them our “Three Uniques” and they’re what seperate us from everyone else.
Low-Cost - The most budget-friendly solution to file the BOIR with FinCEN
Outstanding Support - Reach our team through email, call, or even text.
Easy to Use - Our software makes filing the BOIR a breeze
Our Process
Our three-step process provides the tools to make BOI compliance easy.
if you qualify for one of the 23 types of exemptions stipulated by FinCEN and are exempt from the BOI reporting requirement
1. Find Out
the “beneficial owners” - anyone who owns or controls at least 25% of the interests OR exercises “substantial control”
2. Determine
3. File
using our secure and easy-to-use online application for just $100 per BOI report