BOI Report (Beneficial Ownership Information)
BOI Report (Beneficial Ownership Information)
At People Tax Solution Corp, we want to inform you about the BOI Report, a mandatory federal filing aimed at identifying the owners and ultimate beneficiaries of companies registered in the United States. This report helps the government maintain an updated record of who is responsible for and benefits from businesses, ensuring compliance with transparency regulations and the prevention of illicit activities.
Filing this report correctly is crucial to avoid fines, penalties, or legal issues with federal authorities. That’s why, at People Tax Solution Corp, we guide you through the process, ensuring it’s simple, secure, and compliant with the law.
Our BOI Process
1 - Information Collection: We gather all required data from the owners and ultimate beneficiaries of your company, ensuring accuracy and compliance with legal requirements.
2 - Report Preparation: We prepare the BOI Report in full compliance with all federal guidelines, including complete and accurate information on all identified individuals.
3 - Official Submission: We file the report with the appropriate authority on time, ensuring your company complies with federal regulations and avoids potential penalties or delays.
