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File my BOIR for free




FILE YOUR BOIR WITH PALM. IT'S EASY AND FREE.

All small businesses are now required to file a Beneficial Ownership Information
Report by January 1st or you could get fined up to $10,000.

File my BOIR for free


HOW IT WORKS

The US Financial Crimes Bureau has partnered with Palm to make filing easier.

1

FILL OUT THE BOIR FORM.

We’ll file it for free. It takes as little as 12 minutes and have peace of mind
with our Accurate Filing Guarantee.

2

NEVER DO IT AGAIN.

We'll securely save your information and file it for you every year.

3

ENJOY YOUR EASIER LIFE.

With Palm you can autofill forms, get compliance reminders and more!

File my BOIR for free


WHAT IS THE BOIR?

A new law went into effect January 1, 2024 requiring small businesses to report
who their owners are through the Beneficial Owner Information Report (“BOIR”).
This helps the US Financial Crimes Bureau protect businesses from money
laundering, corruption, and fraud.

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

File my BOIR for free



PALM IS THE SAFE AND EASY WAY TO STAY COMPLIANT.

See every detail of your business in one place.

Automate your state and local filings.

Get notified of due dates, liens, and fraud.

Autofill forms for easy partner onboarding.

File my BOIR for free
Formation With Palm is Easy, Secure, & Safe
Step 1

Add your information

 * Legal Business Name & Trade Names or DBAs
 * Business Address & State of Formation or Registration
 * Federal Tax ID Number (EIN)
   
 * Owner(s) ID, Date of Birth & Address

Step 2

Expert personal review

Palm’s expert FINCEN team will manually review each submission & alert you with
any changes or concerns

Step 3

Save For The Future

Palm submits directly to FINCEN through Palm’s Secure Integration and will send
you your transcript and newly created FINCEN ID, saving your profile to file in
future years.

Get Started Today


FAQS

What happens if you don't file?


The impact that not filing has on your business → it changes your Business
Registration status from Good to Not Good which automatically declines you from
key vendors, financing, services etc.

In addition it will limit your ability to operate your business in the state of
California and will include fines of $250 dollars. In very severe cases, the
State may forfeit your business will means you have no legal right to operate.
Although seemingly innocuous, this like many forms drastically changes your
ability to operate

File my BOIR for free


THE SMARTEST WAY TO STAY COMPLIANT.

Start my free filing
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