No BOI report needed for U.S. companies.
FinCEN's final rule permanently removed the beneficial ownership reporting requirement for companies formed in the United States. If you form a Florida, Wyoming, or Delaware LLC or Corporation, there is nothing to file with FinCEN.
What changed
U.S. companies are exempt
Corporations, LLCs, and other entities created by filing with a U.S. state are no longer reporting companies. They file no initial, updated, or corrected BOI reports.
Who still reports
Only foreign companies registered to do business in the U.S., and they report only their non-U.S. beneficial owners.
Already filed?
No updates are needed. FinCEN has said it will delete information previously reported by U.S. persons.
BOI in 2026 - answered.
Do I need to file a BOI report for my new LLC or Corporation?
No. FinCEN's final rule (August 2026) exempts companies formed in the United States from beneficial ownership information (BOI) reporting. A new Florida, Wyoming, or Delaware LLC or Corporation has nothing to file with FinCEN.
Who still has to report?
Only foreign companies registered to do business in a U.S. state. They report their non-U.S. beneficial owners; U.S. persons are not reported.
I already filed a BOI report. Do I need to update it?
No. U.S. companies and U.S. persons do not need to update or correct reports they filed before the rule changed. FinCEN has said it will delete information previously reported by U.S. persons.
Does LaunchForma file BOI reports?
No. Because companies formed in the United States no longer have to report, there is nothing for us to file for you.
Where can I read the rule?
On FinCEN's website at fincen.gov/boi, which has the final rule and FinCEN's updated FAQs.
LaunchForma is not a law firm and this page is not legal advice. Confirm current rules at fincen.gov/boi before relying on any guidance.
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