Domestic U.S. entities are currently exempt. FinCEN's March 2025 interim final rule exempted entities created in the United States — previously called domestic reporting companies — and their beneficial owners from federal BOI reporting under the Corporate Transparency Act.

Certain entities formed under foreign law and registered to do business in the United States may still have reporting obligations. This is a FinCEN requirement, not an IRS filing.

Check the latest BOI guidance directly with FinCEN →