US companies no longer file beneficial ownership reports
FinCEN's final rule, effective 14 August 2026, permanently removes BOI reporting for companies formed in a US state. Foreign ones registered here still report.
FinCEN issued the final rule on 11 August 2026 and it took effect on 14 August. Domestic reporting companies, meaning anything formed under the laws of a US state or tribal jurisdiction, have no beneficial ownership reporting obligation at all.
FinCEN has also said it will delete beneficial ownership information already submitted by US persons who are now exempt.
One thing it does not change: a foreign company registered to do business in the United States still reports, and still has to keep that filing accurate. If that is you, nothing here applies.
We removed BOI from what we sell the day the rule landed. Nobody should be charged for a filing that no longer exists.










