Everything you need to know about filing your NY Beneficial Ownership Information report. Complete step-by-step guide with deadlines, requirements, and exemptions.
Use our free tool to check if you need to file and get automatic deadline reminders.
The New York LLC Transparency Act requires all Limited Liability Companies (LLCs) formed or registered in New York to report beneficial ownership information (BOI) to the NY Department of State by December 31, 2026.
This new requirement aims to increase transparency and combat financial crimes by requiring LLCs to disclose who owns and controls the company.
You must file if your LLC is:
Most small LLCs do NOT qualify for exemptions. Exemptions typically apply to:
You'll need to provide detailed information about:
A beneficial owner is anyone who:
For each beneficial owner, you need:
Information about the person who filed your LLC's formation documents:
Deadline: December 31, 2026
You have approximately 379 days remaining to file.
Deadline: 30 days after formation
Much shorter timeline - be prepared!
After your initial filing, you must file an update within 30 days of any changes to:
Missing the deadline is serious. Penalties include:
Use our free eligibility checker to see if your LLC is required to file.
Check eligibility in 60 seconds →
Collect all necessary information:
Download our filing checklist (PDF) →
Use nycfile.com to:
The NY Department of State will open the official BOI filing portal on January 1, 2026.
We'll email you when it's live!
We provide 100% free tools to help you stay compliant:
Find out in 60 seconds if you need to file
Never miss your filing deadline with automatic email reminders
Securely store and organize all required documents
Track as many LLCs as you need from one dashboard
See exactly what you've completed and what's left
No! The BOI filing process is straightforward and can be completed by any LLC owner. However, if you have complex ownership structures, consulting a professional may be helpful.
Yes! Each LLC needs its own separate BOI filing, but you can manage all of them from one nycfile.com dashboard.
You must file an update within 30 days of any changes to beneficial ownership, company information, or addresses.
No. Your BOI information is NOT public. It's only accessible by authorized government agencies for law enforcement and regulatory purposes.
You could face fines up to $500 per day and lose your LLC's good standing status. That's why we offer free deadline reminders!
Start your free filing preparation →
Have questions? Visit our Help Center or email us at support@nycfile.com
