How to File BOI Report in Louisiana – Ultimate Guide (2024)


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How to file a BOI Report in Louisiana: Since the Corporate Transparency Act, the Beneficial Ownership Information (BOI) principle has become an important aspect of the regulatory framework for Limited Liability Companies, Corporations, and all types of business structures. This act aims to increase transparency and fight against illegal financial activities by requiring businesses to disclose information about beneficial owners. In Louisiana, companies must comply with these BOI reporting obligations, and this guide will give a comprehensive overview of the processes involved, entities affected, and compliance actions that must be put in place.

Louisiana, also known as The Pelican State, has a population of 4,695,071. That makes the state small business friendly. According to the act, small and medium-sized businesses have to file BOI reports. In this article, LLCBuddy editors shared the latest update and mandate on filing BOI reports in Louisiana.

What is Beneficial Ownership in Louisiana?

Beneficial ownership in Louisiana entails individuals who own or control an entity ultimately even though legal ownership rests with some other person. These persons may have significant influence over it or hold substantial interest therein as owners. Identifying who qualifies as a beneficial owner is a critical first step in complying with BOI reporting requirements. To be a beneficial owner, one must meet at least one of the following:

  1. Has direct or indirect ownership of 25% or more of the entity’s equity interests
  2. Directly or indirectly exercises significant control over the entity

It should be noted that beneficial ownership can involve complicated ownership structures; therefore entities should conduct thorough assessments of their organizational structure and holdings.

Beneficial Ownership Information Reporting

The BOI (Beneficial Ownership Information) Report is a memo or document that every small and medium-sized business (exemption applicable) has to file with the Financial Crimes Enforcement Network (FinCEN). In Louisiana, any LLC that is eligible to enlist under the reporting company must file the BOI Report within the given period.

It is not only mandatory for all businesses in Louisiana but also can lead to heavy monetary penalties along with imprisonment. There are many reasons why the Corporate Transparency Act was started and BOI Report filing becomes mandatory for all businesses in Louisiana.

BOI Reporting Companies (Entities) in Louisiana

Not every company, located in Louisiana, is required to file BOI reports with FinCEN. Only the eligible companies (Reporting Companies) are liable to file the BOI report. Following are the requirements for BOI reporting,

Entities Required to Report

There are certain entities that are considered “Reporting Companies” as per the Corporate Transparency Act and must report beneficial ownership information. Normally, these include:

Exempted Entities

However, it is important to note that there are certain entities in Louisiana that do not have BOI reporting requirements such as;

corporate-act
  • Sole proprietorships or any business structure that does not require registration under Louisiana SOS.
  • Large entities (more than 20 employees with $5M revenue)
  • Tax-exempt organizations
  • Inactive entities meeting specific criteria
  • Subsidiaries of exempt entities
  • Complex ownership that is not publicly known

For PLLCs, selected types of companies get to file BOI reports. Small PLLCs that do not meet the eligibility of reporting companies are exempted from filing BOIR. Besides, PLLCs that are already under stringent regulatory authority like the medical or law field, might get an exemption too.

List of Entities Exempted from BOI Reporting According to FinCEN

  • Securities reporting issuer
  • Governmental authority
  • Bank
  • Credit union
  • Depository institution holding company
  • Money services business
  • Broker or dealer in securities
  • Securities exchange or clearing agency
  • Other Exchange Act registered entity
  • Investment companies or investment advisers
  • Venture capital fund adviser
  • Insurance company
  • State-licensed insurance producer
  • Commodity Exchange Act registered entity
  • Accounting firm
  • Public utility
  • Financial market utility
  • Pooled investment vehicle
  • Tax-exempt entity
  • Entity assisting a tax-exempt entity
  • Large operating company
  • Subsidiary of certain exempt entities
  • Inactive entity

Entities should review their classification carefully in order to ascertain if they fall under the requirement for reporting or qualify for an exemption. It is recommended to consult an expert before you start filing your BOI Report. Also, not only the above-mentioned sectors but also the size and structure of the business matters when it comes to filing the report. Hence, it is important to consult an expert beforehand.

How to File a BOI Report in Louisiana?

In Louisiana, you can file your BOI report in two ways. The report can be filed online or offline. The process is pretty simple. There is an online and offline (PDF) form available. The reporting company in Louisiana has to fill up the form and submit it within the given time. Here are the steps to file the BOIR in Louisiana

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Online BOI Report Filing in Louisiana

  1. Step 1: For online filing, reporting companies in Louisiana are required to visit the FinCEN BOIR e-filing page.
  2. Step 2: The first page shows 4 options, Initial Report, Correct Prior Report, Update Prior Report, and Newly Exempt Entity.
  3. Step 3: For the fresh filing, select Initial Report and click NEXT.
  4. Step 4: On the next page, fill out the form for Reporting Company and ask for FinCEN ID.
  5. Step 5: The ‘Company Applicant’ page comes up next. Add the details wherever is required.
  6. Step 6: The next page shows the details of the Beneficial Owner(s). Also, mention if there is an exemption.
  7. Step 7: Submit the online form after sharing your name and email on the final page.
BOI reporting e-filing

Offline BOI Report Filing in Louisiana

  • Step 1: For offline filing, visit the FinCEN BOI Report filing page
  • Step 2: Download the PDF form from the ‘Prepare BOIR’ option
  • Step 3: The PDF form requires Adobe Reader 8 or higher, make sure you have this version installed on your device.
  • Step 4: Save the form on your device.
  • Step 5: Fill it up with the correct information. Make sure to select the ‘Initial Report’ if you’re filing it afresh. For correction or updating the previous form, select the other options.
  • Step 6: Once filled up, upload the form on the site by clicking on ‘Submit BOIR’.
  • Step 7: On the Submit page, you will have to provide your name and email. Click on the ‘upload document’ section to upload the PDF form and submit it.
BOI offline filing

Reporting Process and Timeline

BOI Reporting effectively becomes mandatory from January 1, 2024, in Louisiana and the rest of the United States. All the LLCs in Louisiana, Corporations, and other types of businesses registered under Louisiana Secretary of State will have to file the report within the given time.

  • Entities in Louisiana incorporated or registered before January 1, 2024, will have to file their BOI report before January 1, 2025.
  • Entities in Louisiana incorporated or registered on or after January 1, 2024, will have to file their BOI report within 90 working days from the date of completion of company registration with Louisiana SOS or similar authority.
  • Entities in Louisiana incorporated or registered on or after January 1, 2025, will have to file their BOI report within 30 working days from the date of completion of company registration with Louisiana SOS or similar authority.

Penalties for Non-Compliance with CTA (BOI Report Filing)

The authority decides to make it more difficult for the companies that fail to comply with the Corporate Transparency Act or BOI report filing. Following are the monetary and other penalties for non-compliance,

  • The Civil Penalty for missing the deadline in Louisiana is $500 a day for the company
  • The Criminal Penalty for not filing the BOI Report in Louisiana is $10,000
  • Continuing violating rules and non-compliance in Louisiana can lead to 2 years imprisonment

The FinCEN makes sure that every reporting company must file the BOI report as soon as they meet the eligibility criteria. The penalty is heavy, especially for small businesses in Louisiana.

BOI Reporting Required Information in Louisiana

The Beneficiary Ownership Information consists of some confidential information about the LLC owners in Louisiana. The compulsory information to be given in respect of each beneficial owner includes:

business requirement
  • Reporting Company legal name
  • Alternative or DBA Name (if any)
  • Tax Identification type
  • Country/Jurisdiction of Formation
  • Address (number, street, and apt. or suite no.)
  • Individual’s Full Legal Name
  • Date of birth
  • Current Address
  • Identifying document (Type, Number, Issuing Jurisdiction, Image)
  • Beneficial Owner Details (Legal Name, FinCEN ID, Address, DOB)

Entitles should confirm that the information given is correct and up-to-date as any inconsistencies or inaccuracies may attract penalties.

Ensuring their BOI reports are accurate and updated is a responsibility that these bodies have. Disputes or concealed information, therefore, need to be attended to quickly and openly as this is essential in compliance maintenance. Should organizations fail to do this, they may invite increased scrutiny with possible penalties imposed against them.

Privacy and Data Security

While the requirements for BOI reporting in Louisiana aim at increasing transparency levels, there are practical challenges faced by entities regarding the identification and disclosure of beneficial ownership information. These may include:

  • Complexity in identifying beneficial ownership for entities with intricate ownership structures or multi-layered holding companies.
  • Difficulties in obtaining accurate and up-to-date information from beneficial owners, particularly where ownership interests are held indirectly or via intermediaries.
  • This places an additional burden on small businesses which will find it hard to deploy enough resources and personnel to deal with compliance matters.

Entities can overcome these hurdles through engagement of professionals’ advice; and having internal mechanisms that strengthen their capacity to communicate with their beneficiaries.

Regulatory and Legal Considerations

In addition to the issues above, entities in Louisiana must also navigate numerous regulatory and legal considerations when reporting BOI. These include:

  • Balancing transparency with legitimate privacy concerns, especially for individuals who may be exposed to personal safety risks or other sensitive situations.
  • Addressing international implications and cross-border ownership structures since BOI reporting requirements can vary across jurisdictions.
  • Compliance with other relevant legislations such as anti-money laundering (AML) laws and know-your-customer (KYC) regulations is necessary as well.

What helps entities address these concerns is consulting the legal fraternity on changes occurring within the regulatory space.

Anticipated Changes and Updates

With time, FinCEN together with other relevant agencies will provide further guidance on complying with these reporting requirements as financial crime evolves. For instance, new changes could affect how they comply with these requirements. Additionally, in the future, there is a possibility of expanding or modifying the reporting requirements to deal with emerging issues or any possible loopholes.

Impact on Businesses and Financial Sector in Louisiana

The introduction of BOI reporting requirements will have profound effects on both corporate entities and the financial sector as a whole. Likely consequences could include:

  • Increased administrative burdens and compliance costs for firms, especially at the early stages of implementation.
  • Enhanced due diligence procedures by financial institutions to verify the accuracy of BOI reports and identify potential red flags.
  • Business practices may change leading to ownership structures that are more flexible to fit into new transparency needs.
  • Entities that have complex ownership arrangements or those operating internationally may face some difficulties.

Nonetheless, in the long run, it can be expected that this law would go towards creating an environment where business is transparent and accountable thus enhancing trust and integrity within the financial system.

Significance of Reporting Beneficial Ownership Information

Reporting BOI is essential for several reasons. We have come up with three main reasons that CTA pointed out for having BOI reporting.

business
  • Preventing Illegal Activities: Identifying true owners helps to combat money laundering, terrorist financing, and other financial crimes in Louisiana since bad actors cannot hide behind complex corporate structures.
  • Enhancing Transparency: It ensures corporate transparency and accountability so that entities cannot operate under cover but are required to reveal who their beneficial owner(s) are.
  • Facilitating Law Enforcement: Accurate data on BOI allows law enforcement authorities to investigate and prosecute fraudulent activities better thus protecting a fair business environment.

Starting an LLC in Louisiana or forming a corporation in Louisiana can be an eyewash of hiding other shady activities or illegal businesses. Companies often create shell companies to money launder. This reporting was started to prevent such activities in Louisiana.

State Specific Data: Louisiana

Capital and Incorporation

  • The capital of Louisiana is Baton Rouge.
  • The population of Louisiana: 4,695,071
  • The Annual GDP of Louisiana: 284,650
  • Incorporation in Louisiana can be done through various methods including online and offline. For more details, visit Louisiana Secretary of State.
  • Incorporation Method in Louisiana (Online): Get the online form from Secretary of State, fill it up, and submit. Don’t refresh the page during the process. It will erase everything.
  • Incorporation Method in Louisiana (Offline): Send the form by mail to State of Louisiana Secretary of State, P.O. Box 94125, Baton Rouge, LA 70804. Drop it off in person to 8585 Archives Ave., Baton Rouge, LA 70809. Fax it to 225-932-5314

Filing Fees

  • LLC Initial Filing Fee: $100
  • LLC Amendment Fees: $60
  • Annual Fee: $30
  • DBA Filing Fee: $75 Filing Fee and $300 for 24-hour Expedited fiiling
  • Incorporation Fee: $75 for filing online, fax, in person and by mail
  • Registered Agent Change Fee: $30 (for credits card payment) & $25 (for other mode of payment)
  • Corporate Amendment Fee: $25

Important Offices

  • State Tax Office: Louisiana Department of Revenue
  • State Insurance Office: Louisiana Department of Insurance
  • Secretary of State Address: State of Louisiana Secretary of State, P.O. Box 94125, Baton Rouge, LA 70804
  • Department of Treasury: Department of the Treasury Internal Revenue Service Center – Ogden, UT 84201 Fax: 855-214-7520​

Key Contacts

  • Form 2335 Mailing Address: Department of the Treasury Internal Revenue Service Center – Ogden, UT 84201 Fax: 855-214-7520​
  • Filing Method for DBA: three methods, online, by mail, and in person filing.
  • Filing Fee for DBA: $75 Filing Fee and $300 for 24-hour Expedited fiiling
  • Online Filing for DBA: For online filing, check the Louisiana geauxBIZ Website. There, look for the “Fictitious Names” section. You will get the registration form.
  • Offline Filing for DBA: For filing offline, you must send the downloaded PDF form to the Office of the Commercial Division, P.O. Box 94125, Baton Rouge, LA 70804-9125 or drop it off in person at the Louisiana Secretary of State, 8585 Archives Ave., Baton Rouge, LA 70809

By staying compliant with the BOI reporting requirements and leveraging the resources available in Louisiana, businesses can ensure they meet all regulatory obligations efficiently.

FAQs

How do I file a BOI report in Louisiana?
To file a BOI report in Louisiana, you can do so online through the state’s website or by submitting a physical report to the Department of Agriculture and Forestry.
What information do I need to include in a BOI report in Louisiana?
When filing a BOI report in Louisiana, you will need to provide details such as the location of the property, the type of crop or livestock affected, and the estimated value of the damage.
Is there a deadline for filing a BOI report in Louisiana?
Yes, there is a deadline for filing a BOI report in Louisiana. It is important to submit your report within 72 hours of discovering the damage to ensure that you are eligible for any potential assistance or benefits.
Can I file a BOI report for damage caused by natural disasters in Louisiana?
Yes, you can file a BOI report for damage caused by natural disasters such as hurricanes, floods, or droughts in Louisiana.
Are there any fees associated with filing a BOI report in Louisiana?
There are no fees associated with filing a BOI report in Louisiana. It is a free service provided by the state to help farmers and ranchers assess and report damage to their crops and livestock.
How long does it take to process a BOI report in Louisiana?
The processing time for a BOI report in Louisiana can vary depending on the extent of the damage and the number of reports submitted. It is important to submit your report as soon as possible to expedite the process.
Who can file a BOI report in Louisiana?
Farmers, ranchers, and agricultural businesses in Louisiana are eligible to file a BOI report for damage to their crops and livestock.
What should I do if I am unsure about filing a BOI report in Louisiana?
If you are unsure about filing a BOI report in Louisiana, you can contact the Department of Agriculture and Forestry for assistance. They will be able to guide you through the process and answer any questions you may have.
Can I file a BOI report for damage caused by pests in Louisiana?
Yes, you can file a BOI report for damage caused by pests such as insects, rodents, or disease in Louisiana.
Will filing a BOI report in Louisiana affect my insurance coverage?
Filing a BOI report in Louisiana should not affect your insurance coverage. It is a separate process that helps the state assess and respond to agricultural damage.
What happens after I file a BOI report in Louisiana?
After you file a BOI report in Louisiana, the Department of Agriculture and Forestry will review your report and assess the damage. Depending on the severity of the damage, you may be eligible for assistance or benefits.
Can I file a BOI report online in Louisiana?
Yes, you can file a BOI report online in Louisiana through the state’s website. This is a convenient and efficient way to submit your report quickly.
How can I check the status of my BOI report in Louisiana?
You can check the status of your BOI report in Louisiana by contacting the Department of Agriculture and Forestry directly. They will be able to provide you with updates on the assessment and any assistance available.
Do I need to provide documentation when filing a BOI report in Louisiana?
It is helpful to provide documentation such as photos, receipts, and estimates when filing a BOI report in Louisiana. This will assist the state in assessing the damage and providing appropriate assistance.
Can I file a BOI report for damage to my property caused by wildfires in Louisiana?
Yes, you can file a BOI report for damage to your property caused by wildfires in Louisiana. It is important to document the damage and report it promptly.
Is there a limit to the number of BOI reports I can file in Louisiana?
There is no limit to the number of BOI reports you can file in Louisiana. If you have multiple properties or types of damage, you can submit separate reports for each one.
What types of assistance are available after filing a BOI report in Louisiana?
After filing a BOI report in Louisiana, you may be eligible for assistance such as emergency loans, crop insurance payments, and other forms of financial support to help with recovery.
Can I file a BOI report for damage to my crops in Louisiana?
Yes, you can file a BOI report for damage to your crops in Louisiana. It is important to document the type and extent of the damage to ensure accurate assessment.
Can I request an extension to file a BOI report in Louisiana?
If you are unable to file a BOI report within 72 hours of discovering the damage, you can contact the Department of Agriculture and Forestry to request an extension. It is important to provide a valid reason for the delay.
How can I appeal the decision on my BOI report in Louisiana?
If you disagree with the assessment or decision on your BOI report in Louisiana, you can appeal the decision through the Department of Agriculture and Forestry. They will review your case and provide a resolution.
Can I file a BOI report for damage to my livestock in Louisiana?
Yes, you can file a BOI report for damage to your livestock in Louisiana. It is important to provide detailed information on the type and number of animals affected.
How can I report suspected fraud or abuse related to BOI reports in Louisiana?
If you suspect fraud or abuse related to BOI reports in Louisiana, you can contact the Department of Agriculture and Forestry to report your concerns. They will investigate the matter and take appropriate action.
Can I file a BOI report for damage caused by vandalism in Louisiana?
Yes, you can file a BOI report for damage caused by vandalism in Louisiana. It is important to document the damage and provide any relevant information to assist with the assessment.
Can I file a BOI report for damage to my equipment in Louisiana?
Yes, you can file a BOI report for damage to your equipment in Louisiana. It is important to provide details on the type and extent of the damage to ensure accurate assessment.
Will my personal information be kept confidential when filing a BOI report in Louisiana?
Yes, your personal information will be kept confidential when filing a BOI report in Louisiana. The state respects your privacy and will only use the information for assessing the damage.
Can I file a BOI report for damage caused by a water shortage in Louisiana?
Yes, you can file a BOI report for damage caused by a water shortage in Louisiana. It is important to provide details on how the shortage has impacted your crops or livestock.
Can I file a BOI report for damage to my property caused by hail in Louisiana?
Yes, you can file a BOI report for damage to your property caused by hail in Louisiana. It is important to document the damage and provide any relevant information to support your claim.
How can I update my contact information on a BOI report in Louisiana?
If you need to update your contact information on a BOI report in Louisiana, you can contact the Department of Agriculture and Forestry to make the necessary changes. It is important to ensure that they can reach you for updates on your claim.
What information do I need to include in the BOI report for Louisiana?
You will need to include information such as the name and contact information of the parties involved, a detailed description of the incident, and any relevant documentation.
Can I file a BOI report anonymously in Louisiana?
In Louisiana, you may not be able to file a BOI report anonymously. It is best to consult with a legal professional to understand the specific rules and regulations in place.
What action will be taken after I file a BOI report in Louisiana?
After you file a BOI report in Louisiana, the Department of Education will investigate the incident and determine if any disciplinary actions are necessary.
How long does the investigation process take in Louisiana?
The investigation process for a BOI report in Louisiana can vary depending on the complexity of the case and the availability of information. It is best to monitor the progress of the investigation by following up with the Department of Education.
Can I appeal the findings of a BOI report in Louisiana?
Yes, you may be able to appeal the findings of a BOI report in Louisiana. It is recommended to review the appeals process with a legal professional.
What laws govern the filing of a BOI report in Louisiana?
The filing of a BOI report in Louisiana is governed by state laws, as well as any local ordinances or regulations that may apply to the specific incident.
Can I file a BOI report on behalf of someone else in Louisiana?
In Louisiana, you may be able to file a BOI report on behalf of someone else with their consent. It is important to seek permission from the individual before proceeding with the report.
How confidential is the information included in a BOI report in Louisiana?
The information included in a BOI report in Louisiana is typically confidential and only shared with parties that have a legitimate interest in the case. It is important to follow privacy regulations when submitting the report.
What are the potential consequences of filing a false BOI report in Louisiana?
Filing a false BOI report in Louisiana can have serious consequences, including legal action and potential fines. It is important to only file a report if you have genuine concerns and evidence to support your claims.
How can I track the progress of my BOI report in Louisiana?
You can track the progress of your BOI report in Louisiana by following up with the Department of Education and requesting updates on the investigation. It is important to provide any additional information requested in a timely manner.
Can I submit additional evidence after filing a BOI report in Louisiana?
Yes, you may be able to submit additional evidence after filing a BOI report in Louisiana. It is important to provide any new information as soon as possible to ensure a thorough investigation.
What should I do if I am not satisfied with the outcome of a BOI report in Louisiana?
If you are not satisfied with the outcome of a BOI report in Louisiana, you may be able to appeal the decision or seek further legal advice on your options. It is important to follow the established procedures for appeals.
Are there any time limitations for filing a BOI report in Louisiana?
The time limitations for filing a BOI report in Louisiana may vary depending on the specific circumstances of the incident. It is best to file the report as soon as possible after the incident occurs to ensure a timely investigation.
How can I access a copy of my BOI report in Louisiana?
You can access a copy of your BOI report in Louisiana by requesting it from the Department of Education. It is important to follow the established procedures for obtaining records.
Can I request a copy of someone else’s BOI report in Louisiana?
In Louisiana, you may not be able to request a copy of someone else’s BOI report without their consent or a valid legal reason. It is important to respect privacy regulations when dealing with sensitive information.
What steps should I take before filing a BOI report in Louisiana?
Before filing a BOI report in Louisiana, you should gather all relevant information, consult with a legal professional if necessary, and ensure that you understand the process and potential consequences of filing the report.
How can I report a BOI incident that occurred outside of Louisiana?
If the BOI incident occurred outside of Louisiana, you should follow the reporting guidelines and procedures of the relevant state or jurisdiction. It is important to comply with the local laws and regulations.
How long does the Department of Education have to respond to a BOI report in Louisiana?
The Department of Education in Louisiana has a legal obligation to respond to a BOI report within a reasonable timeframe. It is important to follow up with the Department if you do not receive a response within a reasonable period.
Do I need legal representation to file a BOI report in Louisiana?
While you may not be required to have legal representation to file a BOI report in Louisiana, it is recommended to consult with a legal professional if you have any doubts or concerns about the process. They can provide guidance and support throughout the investigation.
Can I file a BOI report if I am a minor in Louisiana?
If you are a minor in Louisiana, you may still be able to file a BOI report with the assistance of a parent or guardian. It is important to involve a responsible adult in the process to ensure that your rights are protected.
What should I do if I receive threats or retaliation after filing a BOI report in Louisiana?
If you receive threats or retaliation after filing a BOI report in Louisiana, you should report the incidents to the appropriate authorities and seek legal advice on your rights and options for protection. It is important to take threats seriously and protect your safety.
Can I file a BOI report against an educational institution in Louisiana?
Yes, you can file a BOI report against an educational institution in Louisiana if you have experienced misconduct or discrimination. It is important to follow the proper procedures for reporting and provide evidence to support your claims.
How can I protect my confidentiality when filing a BOI report in Louisiana?
To protect your confidentiality when filing a BOI report in Louisiana, you should follow the established procedures for reporting and provide information in a secure manner. It is important to understand the privacy regulations in place and seek guidance if needed.
Can I file a BOI report without concrete evidence in Louisiana?
While concrete evidence may strengthen your case when filing a BOI report in Louisiana, it is not always required. It is important to provide as much information and detail as possible to support your claims and assist in the investigation.

Also Read

In Conclusion

In the world of business, conducting illicit monetary transactions is not a new thing. To prevent that the Corporate Transparency Act came into the picture. Businesses in Louisiana, especially, small and medium businesses must file the Business Ownership Information Report to combat growing financial crimes. In Louisiana, the companies must understand the obligations to comply with the rules.

In Louisiana, before you start filing the BOI Report, there are a few important points to note. Important points worth noting are:

  • Identifying beneficial owners from their control or ownership interests over the entity.
  • Reporting accurate information at all times including names, dates of birth, addresses, and identification details about beneficiaries.
  • Timely filing of the initial reports and updating the reports in case of changes.
  • When required, involve reputable third-party service providers to assist in the filing process.
  • Ensure compliance with relevant penalties for non –compliance.
  • Deal with practical challenges and legal issues related to BOI reporting.
  • Keep abreast of future developments and advice from relevant bodies.

Filing the BOI Report does not require complicated steps, however, it definitely requires an expert to proceed. We recommend TailorBrands, one of the best LLC formation services that not only offers free LLC formation but also offers BOI Reporting at a very reasonable cost.

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