All small businesses are now required to file a Beneficial Ownership Information Report before 1st of January to prevent daily fines of $500 and other potential issues.
Your hassle-free, no-cost solution for BOIR filing.
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Otterz completes your BOIR filing at zero cost.
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We make your BOIR filing fast and hassle-free.
100% Accuracy
Otterz guarantees 100% accuracy when filing your BOIR.
The Corporate Transparency Act, effective January 1, 2024, now requires small businesses to file a Beneficial Ownership Information Report (BOIR) identifying their owners. This measure aids FINCEN in combating financial crimes like money laundering, corruption, and fraud, ultimately protecting small businesses from bad actors.
Do you need to file a BOIR?
You are required to submit a BOIR if you:
1. Own an LLC or LLP
2. Have under $5M in revenue
3. Have under 21 employees
Why should you file on time?
Not filing your BOIR can lead to significant penalties and complications, including:
Skip the back-and-forth with lawyers or CPAs—Otterz can complete it
for free in just minutes, with no hassle on your end.
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