Our SafeFile System™ minimizes the demands placed on you and your company to submit your Beneficial Ownership Information Report. Understandably, however, we depend on timely input from you and perhaps others in your organization. By reading this page carefully, you can anticipate what you and your company must provide as part of the filing process.

Preparing to File

1. Determine how many reports you must file. Using our free Filing Requirement Assessment, evaluate each company against the reporting regulations. The assessment will quickly identify the filing requirement for each company.
2. Run the assessment on all of your companies, both active and inactive. Many inactive businesses have a filing requirement.
3. Purchase the number of reports that you need. A prominent link at the bottom of this page will take you to the payment portal. Should you need additional reports in the future, you will have the option of purchasing them. Therefore, be conservative in purchasing reports initially, as we do not refund fees for unused reports.
4. Watch for an email from Compliance BOI. It will provide a link to your filing portal and further filing instructions. (If you fail to receive an email within one business day, contact customerservice@complianceboi.com for assistance.)

Planning for Your Filing

1. Allow time to prepare separate reports for individual companies.The Treasury Department does not permit you to combine entities (even subsidiaries) in a single filing.
2. Decide who will serve as the reporting party for each company. This individual will be responsible for providing the company information required for the report.
3. Gather the required company data. Each company is required to provide:
   • the official company name
   • the physical address of the company
   • its Federal Employer Identification Number (FEIN)
   • its headcount of fulltime equivalent employees
   • the level of revenue for the previous tax year
   • the name of the party or parties who registered the company with the state, territory, or tribe (if formed prior to January 1, 2022)
   • a list of its beneficial owners (consult the FAQ on what constitutes beneficial ownership)
   • name(s) of the company applicant(s) (consult the FAQ for guidance on identifying company applicants)
   • the phone number and email address of all beneficial owners and company applicants
4. You will also need to know
   • whether there is foreign ownership or investment in the company
   • the date that the company was granted formal recognition as a legal entity
   • the name of any person or entity holding a 25% stake in the company
   • any foreign company in which the company has ownership
5. Enter this data through our SafeFile online portal. Its extensive system of prompts and help files make these steps easy to complete.

The Filing Process

1. There are four phases to the filing process.
   • Phase One: Your company's reporting party inputs the data required from the company. As part of this process, onscreen guidance helps you produce a list of individuals who qualify as beneficial owners.
   • Phase Two: Compliance BOI collects the requisite personal information from these beneficial owners. We can manage this collection ourselves. Or we can provide you what you need to collect this information yourself. During this process, we communicate with each beneficial owner by email, using the address provided in Phase One.
   • Phase Three: Compliance BOI provides a quality control check. We review both the company and beneficial owner input for completeness and conformity with Treasury Department regulations. Where input is incomplete, Compliance BOI requests any additional information required for the report.
   • Phase Four: We prepare your report and submit it electronically. At the conclusion of this phase, you receive Treasury Department confirmation that your submission was successful.
2. As part of their input, beneficial owners will be required to provide their legal name, date of birth, residence address, a photocopy of a government identification document (such as a driver's license or passport), and the serial number on that document.

3. Througout the reporting process, the reporting party and individual beneficial owners have access to live customer services representatives.
4. All transactions in the reporting process are conducted on highly secure platforms over encrypted networks to ensure the highest level of data security.