Announcing Pulley’s New Beneficial Ownership Information Report (BOIR) Filing

With the Corporate Transparency Act (CTA) now in effect as of January 1st this year, we at Pulley are excited to introduce our new workflow. It’s designed to ensure your Beneficial Ownership Information Report (BOIR) filing is not only timely and secure but also fully compliant with the CTA’s requirements. ...

With the Corporate Transparency Act (CTA) now in effect as of January 1st this year, we at Pulley are excited to introduce our new workflow. It’s designed to ensure your Beneficial Ownership Information Report (BOIR) filing is not only timely and secure but also fully compliant with the CTA’s requirements. 

Understanding the CTA impact on your business

The CTA requires most legal entities to file a Beneficial Ownership Information (BOI) report with the U.S. Financial Crimes Enforcement Network. Here’s what you need to know:

  • For Existing Entities: If established before January 1, 2024, file your BOI report by January 1, 2025.
  • For New Entities: If formed on or after January 1, 2024, file within 90 days of formation or registration.

Failing to comply could result in criminal charges and fines up to $500 daily.

What to expect

As an existing customer, you can now benefit from our new workflow:

  • Enhanced security: We prioritize the privacy and security of your data, ensuring all personal information is collected and protected.
  • Timely notifications: With Pulley, you'll never miss a deadline. Our system ensures you file on time, every time, protecting you from hefty fines.
  • Seamless integration (coming soon): Initiate the BOIR filing process directly from Pulley’s platform, making compliance more manageable.

Filing with Pulley

Currently, Pulley helps companies gather all necessary BOI filing information and guides you through the process. We are also preparing for direct filing capabilities as soon as FinCEN’s 3rd party submission portal becomes available.

Access this new feature by logging into your account, selecting ‘Comply & Tax’ from your left-side navigation menu, and clicking on ‘BOI Reporting’.

Stay informed and prepared

To help you prepare for CTA, we have two additional resources:

  1. In-Depth Guide: Dive into our detailed guide on the CTA, designed to clarify common questions about CTA and prepare you for compliance. Access the guide here.
  1. Exclusive Event with Legal Experts: Watch our webinar recording with legal experts from Gunderson Dettmer. They provide detailed insights and answer any questions you might have. Watch the webinar here.

At Pulley, your success and compliance are our top priorities. For any further questions or support, please don’t hesitate to reach out.