You need to file BOI.
You want to stay ahead of deadlines.
You need a timeline.
You need a calendar.
Key dates. Grace periods. Renewal triggers. Your timeline.
This guide shows you how.
Filing timeline. Deadline calendar. Change tracking. Your compliance.
Read this. Follow the timeline. Stay compliant.
Key Takeaways
- Initial filing deadlines vary—new entities formed in 2024 have 90 days to file, while existing entities have until January 1, 2025
- Updates required within 30 days—any changes to beneficial ownership information must be reported within 30 days of the change
- No annual renewal required—BOI filings are one-time for most entities, but updates are required when information changes
- Track key dates—maintain a calendar of filing deadlines, update deadlines, and compliance check dates
- Set reminders early—set reminders well before deadlines to ensure you have time to gather information and file correctly
Table of Contents
Why Timeline Matters
Timeline prevents penalties.
What happens without timeline:
- Deadlines are missed
- Penalties accumulate
- Compliance fails
- Legal problems develop
What happens with timeline:
- Deadlines are met
- Penalties are avoided
- Compliance is maintained
- Legal issues are prevented
The reality: Timeline enables compliance.
Initial Filing Deadlines
Understand initial deadlines:
New Entities (2024)
What applies:
- Entities formed in 2024
- 90-day filing deadline
- From formation date
- Must file promptly
Why it matters: New entities have deadlines.
Existing Entities
What applies:
- Entities formed before 2024
- January 1, 2025 deadline
- One-time filing required
- Must file by deadline
Why it matters: Existing entities have deadlines.
Deadline Calculation
What to calculate:
- Formation date
- Filing deadline
- Buffer time needed
- Reminder dates
Why it matters: Calculation ensures compliance.
Pro tip: Know your deadline. New entities, existing entities, calculation. See our BOI guide for deadlines.
Update Deadlines
Understand update deadlines:
30-Day Rule
What applies:
- Changes to beneficial ownership
- Changes to company information
- 30-day filing deadline
- From change date
Why it matters: Updates must be timely.
Change Types
What changes require updates:
- Ownership changes
- Address changes
- Name changes
- Control changes
Why it matters: Changes trigger updates.
Deadline Tracking
What to track:
- Change dates
- Filing deadlines
- Update requirements
- Compliance status
Why it matters: Tracking ensures compliance.
Pro tip: Track update deadlines. 30-day rule, change types, tracking. See our BOI guide for updates.
Grace Periods
Understand grace periods:
Initial Filing Grace
What grace periods exist:
- 90 days for new entities
- Extended deadline for existing
- Processing time allowance
- Correction periods
Why it matters: Grace periods provide flexibility.
Update Grace
What grace periods exist:
- 30-day update window
- Correction opportunities
- Processing allowances
- Extension possibilities
Why it matters: Grace periods enable compliance.
Grace Period Limits
What limits exist:
- Grace periods are limited
- Penalties start after grace
- No automatic extensions
- Compliance is required
Why it matters: Limits require action.
Pro tip: Understand grace periods. Initial filing, updates, limits. See our BOI guide for grace periods.
Renewal Triggers
Understand renewal triggers:
No Annual Renewal
What applies:
- BOI is not annual
- One-time filing for most
- Updates when needed
- No recurring requirement
Why it matters: Understanding prevents confusion.
Update Triggers
What triggers updates:
- Ownership changes
- Information changes
- Control changes
- Address changes
Why it matters: Triggers require action.
Compliance Monitoring
What to monitor:
- Ownership status
- Information accuracy
- Change events
- Update needs
Why it matters: Monitoring ensures compliance.
Pro tip: Understand triggers. No annual renewal, update triggers, monitoring. See our BOI guide for triggers.
Calendar Setup
Set up your calendar:
Key Dates
What to add:
- Initial filing deadline
- Update deadlines
- Compliance check dates
- Reminder dates
Why it matters: Dates ensure compliance.
Reminder System
What to set up:
- Early reminders
- Deadline reminders
- Update reminders
- Compliance reminders
Why it matters: Reminders prevent missed deadlines.
Tracking System
What to track:
- Filing status
- Update requirements
- Compliance status
- Change events
Why it matters: Tracking maintains compliance.
Pro tip: Set up calendar. Key dates, reminders, tracking. See our BOI guide for calendar setup.
Your Next Steps
Set up your calendar. Track deadlines. Stay compliant.
This Week:
- Review this timeline
- Identify your deadlines
- Set up calendar
- Create reminder system
This Month:
- Complete initial filing
- Set up tracking system
- Monitor for changes
- Maintain compliance
Going Forward:
- Track all deadlines
- File updates promptly
- Monitor compliance
- Avoid penalties
Need help? Check out our BOI filing guide for filing requirements, our 2024 BOI rule guide for rule changes, our compliance calendar for compliance planning, and our registered agent guide for business address setup.
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FAQs - Frequently Asked Questions About BOI Filing Timeline: A Calendar to Stay Ahead of Deadlines and Changes
What are the initial BOI filing deadlines for new entities formed in 2024 versus existing entities?
New entities formed in 2024 have 90 days from formation to file, while existing entities formed before 2024 had until January 1, 2025.
Learn More...
The 90-day deadline for new entities starts from the date you receive notice that your formation is effective.
Existing entities formed any time before January 1, 2024 were given a single deadline of January 1, 2025 for their initial filing.
Calculate your specific deadline by adding 90 days to your formation date and set reminders well before that date.
How quickly must I update my BOI filing when beneficial ownership changes?
You must file an updated BOI report within 30 days of any change to beneficial ownership, company information, address, or control structure.
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The 30-day window starts from the date the change occurs, not the date you become aware of it.
Changes that trigger updates include ownership transfers, name changes, address changes, and changes in who exercises substantial control.
Track all change events and set immediate reminders to ensure you file updates within the 30-day window.
Is BOI filing a one-time requirement or do I need to renew annually?
BOI is a one-time filing for most entities—there is no annual renewal requirement. However, you must file updates within 30 days whenever information changes.
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Unlike annual reports or franchise taxes, BOI does not require recurring filings on a set schedule.
The ongoing obligation is to keep information current by filing updates when ownership, control, or company details change.
This means you should monitor for change events rather than tracking annual renewal dates.
What grace periods exist for BOI filing if I miss my deadline?
There are limited grace periods—90 days for new entities and the extended initial deadline for existing entities—but once those pass, $500/day penalties begin with no automatic extensions.
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The 90-day initial filing window for new entities and the 30-day update window are themselves the grace periods built into the law.
Once a grace period expires, penalties start accumulating immediately and continue until you file.
There are no automatic extensions available, so filing before deadlines is critical to avoiding penalties.
What should I include in a BOI compliance calendar?
Include your initial filing deadline, all 30-day update deadlines after changes, compliance check dates, early reminder alerts, and filing confirmation records.
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Set your initial filing deadline with reminders starting at least 30 days before the deadline to ensure adequate preparation time.
Create a system to track ownership and company changes that trigger the 30-day update clock.
Schedule quarterly compliance checks to verify that all information on file remains accurate and no updates were missed.
Set up early reminders and a tracking system for filing status, update requirements, and change events.
What change events trigger the need for a BOI filing update?
Ownership changes (buying, selling, or transferring equity), address changes, name changes, and changes in who exercises substantial control all require an updated BOI filing within 30 days.
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Any time a beneficial owner's stake crosses the 25% threshold—either gaining or losing that level of ownership—an update is required.
Changes to company information such as legal name, DBA names, or business address also trigger the update requirement.
If a new person begins exercising substantial control over the company, or an existing controller departs, you must update within 30 days.
Sources & Additional Information
This guide provides general information about BOI filing timelines and deadlines. Your specific situation may require different considerations.
For BOI filing, see our BOI Filing Guide.
For 2024 BOI rule, see our 2024 BOI Rule Guide.
For compliance calendar, see our Compliance Calendar Guide.
For registered agent services, see our Registered Agent Guide.
Consult with professionals for advice specific to your situation.
