This quiz helps you figure out whether your specific business currently has a Beneficial Ownership Information (BOI) filing obligation under the Corporate Transparency Act (CTA). Since FinCEN's March 2025 rule change, only entities formed outside the U.S. that are registered to do business here — "foreign reporting companies" — are generally required to file; most domestic LLCs and corporations are currently exempt. The quiz walks through where your company was formed, whether it's registered as a foreign entity anywhere, and any exemption categories that might apply, then gives you a plain-language read on your status. For the full current picture — deadlines, exemptions, and penalties — see our BOI Reporting Hub. This tool doesn't replace legal advice, especially if your ownership structure has any cross-border complexity.