Protect Your Business with Confidence
FinCen Compliance Made Simple, Secure, and Stress-Free
Don’t risk your business by ignoring FinCen filing requirements! With Zapit FinCen Solutions, we employ the same secure software used by public companies for government compliance, and our work is backed by $1 million in audit protection.
Why This Matters
What is FinCen Compliance?
FinCen compliance is not just another regulatory checkbox; it’s a legal requirement that protects your business from hefty fines and reputational damage. The Financial Crimes Enforcement Network (FinCen) requires accurate reporting of Beneficial Ownership to prevent money laundering and fraud. Starting January 1, 2024, this requirement applies to most businesses, making compliance crucial.
Why You Can’t Afford to Ignore It
Non-compliance can cost your business up to $500 daily in penalties, a tarnished reputation, and even potential legal actions. Our proven process can help you protect your livelihood and meet your obligations seamlessly.
What Sets Zapit FinCen Solutions Apart?
State-Licensed and Bonded for Document Processing
We are officially registered with the state of Nevada as a Document Processing Company. This registration process includes a rigorous FBI background check and credit check to ensure credibility and trustworthiness. Our bond ensures your security and peace of mind, and our Document Processing nubmer Is
NVDP20231176704. Any company based in Nevada offering this service should meet these high standards — and we do.
Cutting-Edge Security and SOC Compliance
We use the same advanced software trusted by public companies for filing government reports. The software employed is SOC-compliant, ensuring your data is protected at every step.
Backed by $1 Million Audit Protection
Your peace of mind matters. That’s why every filing is backed by
Protection Plus, giving you up to $1 million in coverage should an audit occur. Rest easy knowing your compliance is secured by industry leaders.
Transparent Process, Customer Control
Before we submit your report, you have full control over reviewing and approving it. This ensures 100% accuracy and transparency every time.
How It Works
- Gather Information: Provide details about your Beneficial Owners (Legal Names, Government Issued-Drivers Licnese, Passport, or State IDs, DOBs, and ownership percentages).
- Review Report: We prepare your FinCen filing document and send it to you for approval.
- Submit Securely: Once you approve, we file your report with the utmost care and confidentiality.
What Our Clients Are Saying
Why Zapit FinCen Solutions?
Affordable Pricing
It covers up to four Beneficial Owners or significant control individuals and starts at just
$289. Have more? No problem—contact us for a tailored quote that fits your needs.
Specialized Support Team
Our team is trained to handle various FinCen compliance scenarios, ensuring your filings are error-free and submitted on time.
Peace of Mind
With our secure system and
Protection Plus backing, you can focus on growing your business while we handle the heavy lifting of FinCen compliance.
Why FinCen Compliance Shouldn’t Wait
Every day of FinCen non-compliance puts your business at risk of penalties and audits. Time is ticking, and the deadline for FinCen compliance is fast approaching. Ensure your FinCen compliance now to secure your business’ future.
FAQs
What is the starting price?
Our service begins at $289, and it includes up to 4 Beneficial Owners. Please contact us for a customized quote for businesses with more Beneficial Owners.
What happens if there’s an audit by FinCen?
We’ve got you covered with $1 million in Protection Plus coverage, ensuring peace of mind in the event of an audit.
How do I know my data is secure?
The software is SOC-compliant, using the same advanced technology trusted by public companies for government filings. It also has a direct API connection to FinCen systems.
What is Beneficial Ownership?
Beneficial Ownership refers to individuals who own or control 25% or more of a company or who significantly influence company decisions. Reporting this information is mandatory under FinCen regulations to combat fraud and money laundering.
Who is required to file?
Almost all businesses operating in the U.S., including LLCs, corporations, and other legal entities, must file Beneficial Ownership reports.
Exemptions apply to publicly traded companies, banks, and specific large organizations.
Sole proprietors and certain trusts are generally excluded, but verifying your specific circumstances is essential.
Which trusts are required to file?
A trust must file a Beneficial Ownership Information (BOI) report if it meets the definition of a "reporting company." This includes:
- Domestic Trusts: Trusts created by filing a document with a Secretary of State or similar office.
- Foreign Trusts: Trusts registered to do business in the U.S. by filing with a Secretary of State or similar office.
Even if a trust itself isn’t a reporting company, it may be involved in BOI reporting if it:
- Owns or controls 25% or more of a reporting company.
- Includes individuals who significantly influence company decisions.
Exemptions exist for non-business trusts or those not holding significant assets. Contact us to verify your trust’s specific obligations.
What if I own a Sole Proprietorship, Do I have to file?
Sole proprietorships are generally excluded from FinCen filing requirements as they are not considered separate legal entities. However, if you operate under a registered LLC or other legal structure, you may need to file.
What are the penalties for non-compliance?
Failure to comply with FinCen requirements can result in fines of up to $500 per day, legal actions, and reputational damage. Staying compliant protects your business and avoids these costly risks.
When is the deadline to file?
The deadline for FinCen compliance begins on January 1, 2024. Secure your compliance today to avoid penalties. Businesses incorporated before January 1, 2024, FinCen compliance is due on January 1, 2025.
Can Zapit Solutions file on my behalf?
Yes! As a Nevada state-licensed and bonded Document Processing Company, we can file these documents on your behalf. This ensures accuracy and a hassle-free experience.
