U.S.-created companies no longer have to file FinCEN BOI reports
Why this matters
FinCEN’s 2026 final rule exempts U.S.-created companies from federal Beneficial Ownership Information reporting. Only certain foreign-law entities registered to do business in the United States remain within the reporting-company definition.
Who may be affected
Owners and advisers of U.S.-created companies should not rely on older guidance saying domestic companies must file BOI reports. Foreign entities registered to do business in the United States may still need to check whether the current reporting rule applies.
What changed
FinCEN finalized changes to the Corporate Transparency Act reporting rule on August 11, 2026. Under the final rule, entities created in the United States are exempt from BOI reporting. The remaining reporting-company definition is limited to certain entities formed under foreign law that register to do business in a U.S. state or tribal jurisdiction. The final rule became effective August 14, 2026.
What to check
Use FinCEN’s current BOI page before filing or relying on older BOI instructions. SIGZ can explain the current general rule but does not determine whether a particular entity meets FinCEN’s reporting-company definition or another exemption.