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norstadt's avatar

My "registered agent" says there is an injunction:

Enforcement of the Beneficial Ownership Information Report requirement has been paused due to a Texas Federal Court injunction, which is currently being appealed by FINCEN.

Technically the BOI requirement is still in place, and the deadline remains January 1, 2025. While there is currently an injunction pausing the requirement, the risk lies in the injunction being reversed. If reversed, the original deadline and potential penalties for non-compliance may still apply. Businesses concerned about privacy may choose to wait and see if the injunction remains. However, businesses comfortable with FINCEN having their ownership information and wishing to avoid potential future risks may decide to proceed with filing.

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