30-second triage for BOI reporting status. Answer three questions and find out whether your LLC is exempt under the March 2025 FinCEN IFR or still obligated to file. The snapshot lists the standard scenarios.
US-formed entities are domestic reporting companies and exempt under the March 21, 2025 FinCEN Interim Final Rule. An entity formed under the law of a foreign country and then registered to do business in a US state is a foreign reporting company and stays obligated. The tool routes on this fact first because it decides exemption before any date matters.
For foreign reporting companies the US registration date sets the deadline. Foreign entities registered before March 26, 2025 faced an April 25, 2025 deadline. Foreign entities registered on or after March 26, 2025 file within 30 days of US registration. Domestic entities skip this step because no BOI deadline applies to them.
A change in beneficial ownership opens a 30-day amendment window for any entity that already has a BOI report on file and remains non-exempt. Domestic reporting companies stay exempt regardless of ownership changes. The tool flags the amendment window only when both an existing report and non-exempt status apply.
Static snapshot pulled from current state filing fees, statutes, and pricing data. Updates when source data changes.
| Scenario | Formation/registration timing | Current obligation | Deadline | Action |
|---|---|---|---|---|
| Domestic LLC (US-formed) | Any time | EXEMPT (per March 21, 2025 FinCEN IFR) | None - exempt | No filing required |
| Foreign reporting company (non-US formed, registered to do business in US) | Before Mar 26, 2025 | Obligated | April 25, 2025 (was 30 days from IFR publication) | Late - file ASAP |
| Foreign reporting company | On/after Mar 26, 2025 | Obligated | 30 days from US registration | File within 30 days |
| Domestic LLC with foreign beneficial owners only | Any time | EXEMPT - owners' status does not change company classification | None | No filing required |
| Change in beneficial ownership (existing report) | N/A | 30-day amendment window for non-exempt entities | 30 days from change | File amended BOIR |
Reflects FinCEN's March 21, 2025 Interim Final Rule which exempted domestic reporting companies. Foreign reporting companies (entities formed outside the US that register to do business in the US) remain obligated. Status may change if FinCEN issues a final rule or if litigation alters scope. Confirm before relying.
On March 21, 2025, FinCEN published an Interim Final Rule that limited BOI reporting to foreign reporting companies only, exempting every domestic reporting company. A domestic reporting company is any entity formed in a US state by filing with a Secretary of State or similar office. The change reversed the original Corporate Transparency Act scope after extensive litigation, including Texas Top Cop Shop v. McHenry, and a Treasury Department policy shift. Before the IFR, the CTA reached an estimated 32 million existing entities plus millions of new formations each year. The IFR removed the bulk of that population from the filing requirement in a single rule. The quick-check tool encodes this rule directly: it asks where the entity was formed, and a US-state answer returns an exempt verdict without collecting any beneficial-owner data.
A foreign reporting company is an entity formed under the law of a foreign country and then registered to do business in a US state by filing with a Secretary of State or similar office. Only these entities remain obligated after the March 2025 IFR. The test turns on the law of formation, not on who owns the entity. A company incorporated in the British Virgin Islands that qualifies to do business in Florida is a foreign reporting company. A Wyoming LLC owned entirely by residents of Dubai is not, because it was formed under Wyoming law. Foreign reporting companies file the same FinCEN BOIR as domestic companies once did, reporting each beneficial owner who owns 25 percent or more or who exercises substantial control. Anonymousllc.co files that report at $150 per report.
For a US-formed anonymous LLC in Wyoming, New Mexico, Delaware, or Nevada, BOI is a non-event: the entity is an exempt domestic reporting company under the March 2025 IFR. State anonymity and federal BOI status are separate systems. State anonymity keeps members and managers off the public formation record while the registered agent appears publicly. BOI, when it applied, sent beneficial-owner data to a non-public FinCEN database, not to the state. The IFR removed that federal disclosure for domestic entities, so a Wyoming anonymous LLC now carries neither a public owner record nor a federal BOI obligation. A foreign-formed entity that registers to operate in one of those four states still files BOI, because the exemption keys on the place of formation rather than the state of registration.
No. A US-formed LLC is a domestic reporting company regardless of the owner's nationality, so it is exempt under the March 2025 IFR. The owner's residency does not reclassify the entity. This matters for the non-resident founders who form the largest share of anonymous LLCs. A founder in Lagos, Karachi, or Manila who forms a Wyoming LLC holds an exempt domestic entity, the same as a US-based founder. The formation state, not the passport, controls the classification. The EIN process is separate and continues to run by fax for owners without an SSN, priced at $99. BOI exemption does not change the EIN, banking, or tax-filing steps that a non-resident LLC still completes.
A BOI report filed before the IFR stays valid and requires no update. Domestic reporting companies that filed early are now exempt and carry no obligation to amend or refresh those reports. FinCEN has not deleted prior filings; they remain in the BOIR system. There is no penalty for having filed and no benefit to trying to withdraw a report. The exemption simply ends the forward-looking duty to update after an ownership or address change. If FinCEN later narrows the exemption through a final rule, previously filed entities re-enter the same 30-day amendment cycle that applied under the original CTA. The status tracker flags any such change.
BOI, EIN, and state formation are three separate steps handled by three different offices. BOI goes to FinCEN, the EIN comes from the IRS, and formation is filed with a state Secretary of State. State formation creates the entity and is where anonymity is won or lost. The EIN is the entity's federal tax identifier, required to open a US bank account and file returns, and it is unrelated to beneficial-ownership disclosure. BOI, when required, discloses the humans behind the entity to FinCEN. Exemption from BOI removes only the FinCEN step. A non-resident LLC still forms with the state ($397 in Wyoming all-in), still obtains an EIN ($99), and still files the operating agreement and bank applications that formation includes.
Foreign reporting companies registered before March 26, 2025 faced an April 25, 2025 deadline; those registered on or after March 26, 2025 file within 30 days of US registration. A change in beneficial ownership opens a 30-day amendment window. An entity past its deadline is late and files as soon as it identifies the obligation. FinCEN's penalty framework for willful reporting violations remains on the books, so a late foreign reporting company acts promptly rather than waiting for further rulemaking. The snapshot table above lists each scenario, its timing, and the exact action. The quick-check tool returns the same output for a single entity so a founder confirms status without reading the full matrix.
Anonymousllc.co files a FinCEN BOIR for $150 per report when an entity is a foreign reporting company or is brought back into scope by a later rule. The service collects the beneficial-owner identifiers and submits through the FinCEN portal. Most customers form US-state anonymous LLCs that are exempt, so the fee applies to a minority of cases. When it does apply, the team gathers each beneficial owner's name, date of birth, address, and an acceptable identification document, then files and returns the submission confirmation. The BOI status tracker on the site is updated monthly, so a customer whose status shifts from exempt to obligated learns of it and can file within the applicable 30-day window.
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