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Quickly report your BOI to avoid a $500/day civil fine

Ensure your business is covered under the new Corporate Transparency Act by submitting a mandatory report.

Full-service filing cost: $200

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What does this new regulation mean for your business?

The latest Corporate Transparency Act (CTA) requires most businesses to file a Beneficiary Ownership Information (BOI) report disclosing information about its ownership to help combat financial crimes and other unlawful activities.

FAQs

1. What is a Beneficial Ownership Information (BOI) Report?
A BOI Report provides transparency about individuals who own or control the business entity by laying out a business's full ownership and control structure.
2. Who is required to file a BOI Report under the CTA?
According to the US Treasury’s Financial Crimes Enforcement Network, most businesses defined as a "Reporting Company", including corporations and LLC, will be required to file BOI Reports.
3. What are the consequences of not filing a BOI Report on time?
Failure to file a BOI Report on time may lead to civil penalties of up to $500 per day for ongoing violations and criminal penalties, including imprisonment for up to two years and fines of up to $10,000.
4. What are the benefits of using a designated service for BOI reporting?
Using a designated service ensures by-the-book & accurate filing, helps navigate the nuances of the new law, and minimizes the risk of penalties, allowing business owners to focus on business.
5. What is the Corporate Transparency Act (CTA)?
The Corporate Transparency Act is a federal law requiring most businesses to report their beneficial ownership information to the Financial Crimes Enforcement Network to prevent money laundering and financial fraud.

Avoid up to $10,000 in federal fines

Incorrect or late filing may lead to a $500/day fines, $10K penalties & up to 2 years in prison.

Ensure accurate filing

Get a designated team that reviews and files an accurate BOI report on time.

Let us worry about paperwork

As a business owner you’ve got enough on your plate, leave us the heavy lifting.

Novae is a proud member of the Direct Selling Association and a Signatory of the DSA Code of Ethics. To file a business complaint, email This email address is being protected from spambots. You need JavaScript enabled to view it..
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Novae Credit and Money
Novae is a fintech company that provides greater access to credit, capital, and entrepreneurship for consumers and small businesses nationwide, with a particular interest in empowering underserved communities, driving financial inclusion! Founded in 2014, we serve clients across all 50 states, including Puerto Rico.
Novae, LLC
1506 Klondike Road Ste 403
Conyers, GA 30094

Phone: (678) 750-3787
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
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For Small Business
More about Novae

Your Novae Representative

DReedy

Sales Director
Tel: +1 (847) 894-0149
Connect with Novae
Read our Customer Reviews
Novae, LLC BBB Business Review
Novae Credit and Money
Novae is a fintech company that provides greater access to credit, capital, and entrepreneurship for consumers and small businesses nationwide, with a particular interest in empowering underserved communities, driving financial inclusion! Founded in 2014, we serve clients across all 50 states, including Puerto Rico.
Novae, LLC
1506 Klondike Road Ste 403
Conyers, GA 30094

Phone: (678) 750-3787
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Your Novae Representative

DReedy

Sales Director
Tel: +1 (847) 894-0149
Connect with Novae
Read our Customer Reviews
Novae, LLC BBB Business Review

We offer the following services

For Consumers
For Entrepreneurship
For Small Business
More about Novae
© Novae - All Rights Reserved
DISCLAIMER | REFUND POLICY | TERMS OF USE | PRIVACY POLICY | AFFILIATE DISCLOSURE
© Novae - All Rights Reserved
DISCLAIMER | REFUND POLICY | TERMS OF USE | PRIVACY POLICY | AFFILIATE DISCLOSURE