Important reminder for small businesses: Be suspicious of emails telling you to file a BOI report – the BOI is no longer required.

The Beneficial Ownership Information (BOI) report was briefly required for small businesses in late 2024 and early 2025 but was abolished in March 2025.

Only foreign businesses registered in the U.S. are now required to file a BOI report.

FUBA helps your business stay informed and compliant.