https://www.fincen.gov/boi https://www.fincen.gov/boi > [Updated March 26, 2025]: All entities created in the United States — including those previously known

https://www.fincen.gov/boi https://www.fincen.gov/boi > [Updated March 26, 2025]: All entities created in the United States — including those previously known as “domestic reporting companies” — and their beneficial owners are now exempt from the requirement to report beneficial ownership information (BOI) to FinCEN. It was an anti-money-laundering thing, and money laundering is back in. Once again you can create US companies which are owned blindly by Cayman companies whose beneficial owners are either (a) sanctioned or (b) US nationals who don't want to pay tax.