Beneficial Ownership Information - I'm wondering what kind of address proof FinCEN will ask for and which languages they would accept. As a perpetual traveller it's difficult to get an address proof like utility bill, issued on its own name. Has anybody already got a feedback from FinCEN after filing its BOI?
BOI - What kind of address proof?
- Thread starter atlantic
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Well, use photoshop or ask your CSP to help you with a utility bill, most often it is possible. It need to be in English!
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If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.
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If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.
Are you sure? Could you provide any link? I couldn't find any information about that.
Ask their support.
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If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.
Toggle signature
If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.
Hello,
In my experience with filing the Beneficial Ownership Information with FinCEN in January, I noted that they didn't request any proof of address for either the business or the UBO at the initial filing stage.
So far, I haven't received any follow-up requests from them for additional information or documentation regarding address proof
Will this include tax information and will the US let my country know I'm operating a US LLC?
Filling BOI does not directly involve tax information, they ask for the EIN though. The focus is primarily on identifying who owns and controls U.S. companies. However, you should note, if you're concerned by tax information exchange, the U.S. does have agreements with some countries to share financial and tax information under specific conditions, you probably heard of FATCA. A foreigner owning a U.S. LLC doesn't automatically trigger information sharing with your home country unless specific criteria are met under those agreements. Obviously, it goes without saying that if your company maintains a bank account, it's likely subject to the Automatic Exchange of Information (AEOI) under the Common Reporting Standard (CRS). This means that financial institutions may report the account details to tax authorities, who could then exchange this information with the tax authorities in your country of residence. This is separate from the Beneficial Ownership Information reporting to FinCEN and pertains more directly to tax compliance and transparency on a global scale.
Who said USA is part of AEOI ? OP might have bank account outside of the U.S for his LLC.
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