By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
View our Privacy Policy for more information or to change your preferences.
Deny

Penalties for Not Filing the BOI Report

FINCEN penalizes the failure to meet established deadlines or the intention to provide false information in the submission of the BOI report with:

  • Civil penalties of $500 USD per day of violation.
  • Criminal penalties of up to 2 years in prison or fines of $10,000 USD.