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

February 5, 2024

Yin Wu

BOI Efiling is now available through Pulley. Read how here.

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

Pulley helps companies gather all required BOI filing information, provides step-by-step guidance, and enables electronic filing through FinCEN's third-party submission portal.

We've streamlined the BOI filing process to make it as simple and straightforward as possible:

  1. Log in to your Pulley account
  2. Navigate to the new BOI Reporting tab under “Comply & Tax”
  3. Follow the workflow to input the required information
  4. Review your submission
  5. Submit your BOI report electronically through our secure platform
  6. Receive and review your filing results on Pulley

Our system will save your submission attempts and results, providing you with a clear record for future reference or potential audits.

Why Use Pulley for BOI Filing?

  • Awareness: We keep you informed about important compliance requirements like the CTA.
  • Convenience: File directly through our platform, saving you time and reducing the risk of errors.
  • Record-keeping: We store your filings and receipts securely, making it easy to respond to potential audits.

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

Stay informed and prepared

For more information to help you prepare for CTA, dive into our detailed guide designed to clarify common questions and prepare you for compliance here.

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

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