Guide
BOI Filing Cost Guide
Filing BOI directly with FinCEN is free ($0). Third-party services charge $49-$199. No government fee exists for BOI reports.
Cost
BOI Filing Cost: $0 (Free)
| Method | Cost | |--------|------| | FinCEN direct | $0 (free) | | Third-party services | $49-199 | | ein.so BOI service | $49 |
Why It's Free
FinCEN does not charge for BOI report submissions. The e-filing system is funded by the federal government. There is no filing fee, processing fee, or annual fee.
When to Use a Service
- Multiple companies to file
- Complex ownership structures
- Non-English speaking owners
- Want hands-off filing
Compare
BOI vs Other Filing Costs
| Filing | Cost | |--------|------| | BOI report | Free | | EIN application | Free (IRS) / $49 (ein.so) | | LLC formation | $50-500 (varies by state) | | Annual report | $0-300 (varies by state) | | Form 5472 | Free (self) / $200+ (CPA) |
Frequently Asked Questions
Is BOI filing required?
Yes, for most LLCs and corporations. 23 exemption categories exist for large companies. See BOI filing requirements.
Is BOI filing free?
Yes. Filing directly with FinCEN at fincen.gov/boi is completely free. No government fee exists.
What is the penalty for not filing BOI?
$500 per day civil penalty, up to $10,000 fine, and up to 2 years imprisonment for willful violations.
Who is a beneficial owner?
Any individual with 25%+ ownership interest or substantial control over the company (CEO, CFO, managing member).
Where do I file BOI?
File at fincen.gov/boi. This is the only authorized filing platform. BOI is a federal filing, not a state filing.
Need an EIN? We Handle Everything.
Non-US resident? We file Form SS-4 with the IRS and deliver your EIN by email. Just $49.
Get My EIN for $49