File Your Beneficial Ownership Information Report with Confidence.
Define your beneficial owners and submit the FinCEN report with Svetro to avoid hefty penalties of up to $10,000. This new requirement applies to all US companies (LLCs and C-Corps) starting January 1, 2024.
Why Choose Svetro for BOIR Filing?
Easy Filing
Our experienced team ensures your BOIR is filed quickly and on time.
Expert Guidance
Receive tailored assistance to identify your beneficial owners and file the report successfully.
Maintain Compliance
Stay compliant by filing your BOIR on time and accurately to minimize legal risks for your company.
Protect Credibility
By meeting all legal obligations, you safeguard both your personal credibility and your company's future ventures in the US.
Frequently asked questions
Everything you need to know about the product and billing.
What is an ITIN?
An Individual Taxpayer Identification Number (ITIN) is a nine-digit tax processing number issued by the Internal Revenue Service (IRS) to individuals who are required to have a U.S. taxpayer identification number but are not eligible to obtain a Social Security Number (SSN).
ITINs are used exclusively for federal tax reporting and do not authorize work in the U.S., nor do they qualify individuals for Social Security benefits or the Earned Income Tax Credit.
They enable individuals, regardless of immigration status, to comply with U.S. tax laws by filing tax returns and paying taxes on income earned in the United States.
Who needs an ITIN?
Non‑U.S. residents and others who do not qualify for an SSN but are required to file U.S. taxes need an ITIN to comply with federal tax regulations.
What documents are required for an ITIN application?
To apply for an ITIN, you will need the following documents:
- Scanned Passport: A clear copy of your passport, including the signature page.
- Articles of Organization: Your US company registration document.
- Employer Identification Number (EIN): Your EIN confirmation letter from the IRS.
Do I need to have my passport attested by the US Embassy or a passport issuing authority?
No, you don’t. When you apply for an ITIN with Svetro, our status as an IRS Certified Acceptance Agent means we verify your identity on behalf of the IRS—no additional attestation is required.
How long does it take to obtain an ITIN?
How does Svetro ensure compliance with ITIN applications?
As a Certified Acceptance Agent, Svetro follows all IRS guidelines and provides expert support to ensure your ITIN application is compliant and processed smoothly.
If you have any additional questions, our team is here to help you every step of the way.
Start Your Journey with Us
Take your business to the next level with our team of experts, who will accompany you along the way. You can focus on your passion while we handle all the complicated paperwork.
