Who all is affected by BOI reporting?

All reporting businesses, whether newly created, recently registered, or established prior to January 1, 2024, must comply with these official requirements.

• If your business existed before January 1, 2024, you must file your initial BOI report no later than January 1, 2025.
• If your business was created or registered on or after January 1, 2024, and before January 1, 2025, then it must file its initial beneficial ownership information report within 90 calendar days after receiving actual or public notice that its creation or registration is effective. Specifically, this 90-calendar day deadline runs from the time the business receives actual notice that its creation or registration is effective, or after a Secretary of State or similar office first provides public notice of its creation or registration, whichever is earlier.
• If your business was created or registered on or after January 1, 2025, it must file its initial beneficial ownership information report within 30 calendar days after receiving actual or public notice that its creation or registration is effective.