BOI / FINCEN Compliance Under the Current Rules
BOI FINCEN compliance has changed. US companies no longer file beneficial ownership reports, but foreign companies registered to do business in the US still do, and we handle those filings for you.
BOI Guidance and Foreign Company Filings
- Filing Requirement Assessment
- Foreign Reporting Company Filings
- Non-US Beneficial Owner Reporting
- 30-Day Updates & Corrections
- Multi-Entity Structure Review
BOI FINCEN Compliance From a Florida CPA Firm
On August 11, 2026, FinCEN issued a final rule that permanently ends beneficial ownership reporting for US companies and US persons. If your business was formed in the United States, you no longer need to file a BOI report, and FinCEN will delete the information US persons have already submitted. At Smith CPAs & Associates, we help you confirm where you stand, so you are not paying for filings you no longer need.
BOI FINCEN compliance still applies to foreign companies registered to do business in a US state. These entities must report their non-US beneficial owners within 30 days of registering and keep that information current. As a Florida CPA firm, we prepare and submit those reports, track every deadline, and file updates when ownership changes.
What's Included in Our BOI FINCEN Compliance Services
Filing Requirement Assessment
A review of how and where each of your entities was formed, confirming whether any BOI reporting obligation remains under the current rules.
Foreign Reporting Company Filings
Preparation and submission of initial BOI reports for foreign entities registered to do business in the US, filed within the 30-day deadline.
Non-US Beneficial Owner Reporting
Accurate identification of the non-US persons who own or control your foreign entity. US owners and US company applicants are no longer reported.
Updates & Corrections
When reportable information about a non-US owner changes, we file the update within 30 days and correct any errors in earlier reports.
Multi-Entity Structure Review
For groups that combine US and foreign entities, we map out which entities are exempt and which still carry a filing obligation.
Regulatory Monitoring
BOI rules have changed several times since 2024. We track FinCEN guidance so your filings always reflect the rules currently in force.
Is This Service Right for You?
Following the 2026 final rule, BOI reporting now affects a much smaller group of businesses. These are the clients we typically help.
Foreign Companies Registered in the US
Entities formed outside the US that have registered with a secretary of state to do business here and must report their non-US beneficial owners.
Newly Registered Foreign Entities
Foreign companies that have just registered in a US state and need their initial report filed within 30 days.
International Owners of US Operations
Non-US investors and founders operating through a foreign entity who need their ownership information reported correctly.
Mixed US and Foreign Structures
Groups with both domestic and foreign entities that need a clear picture of which ones still have a filing obligation.
US Businesses Unsure of Their Status
Owners who filed BOI reports in 2024 or 2025 and want confirmation that they no longer have any reporting obligation.
Foreign Entities With Ownership Changes
Foreign reporting companies whose non-US owners or reportable details have changed and need an updated report within 30 days.
Why Work With Our Compliance Team?
BOI rules have shifted repeatedly since the Corporate Transparency Act took effect, and much of the guidance online is now out of date. Our team works from FinCEN's current rules, tells you clearly whether you need to file, and handles the filings that remain.
Guidance based on FinCEN's 2026 final rule, not outdated 2024 requirements
Clear answers on whether each of your entities still needs to file
Accurate reporting of non-US beneficial owners for foreign entities
Deadline tracking for 30-day initial filings and updates
Full integration with your broader tax and international compliance work
Not Sure If BOI Reporting Still Applies to You?
Schedule a consultation today and our compliance team will confirm your filing status and handle any reports your foreign entities still need.
Schedule a Consultation