Connect with us

Press Release

Understanding Beneficial Ownership Information (BOI) Filing in the U.S

Published

on

The Beneficial Ownership Information (BOI) filing is a crucial compliance requirement in the United States, introduced to increase transparency in business operations and prevent illegal activities such as Money laundering, tax evasion, and fraud. Here’s an overview of what BOI filing entails, who needs to file it, the penalties for non-compliance, and how to file.

What is Beneficial Ownership Information (BOI)?

BOI refers to the disclosure of information about individuals who own or control a significant stake in a company. The goal is to identify the true owners or controllers behind businesses, especially those used as shell companies to conceal illicit activities.

The BOI reporting requirement is part of the Corporate Transparency Act (CTA), which was enacted on January 1, 2021. The law mandates certain companies to report their beneficial owners to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury.

Seek Professional Guidance: Consult legal or compliance experts to ensure accurate filing and adherence to deadlines.

Feel free to reach out to www.easycompliance.us, which has provided us with this information. You can schedule a call directly from this link as well.

Who Needs to File a BOI Report?

The BOI filing requirement applies to two main categories of entities:

1. Reporting Companies

Domestic Entities: Corporations, limited liability companies (LLCs), and other entities created by filing documents with a secretary of state or similar office.

Foreign Entities: Entities registered to do business in the U.S.

2. Exempt Entities

While most entities need to file, some are exempt due to their pre-existing reporting obligations or low-risk profiles, including:

  • Publicly traded companies.
  • Banks.
  • Credit unions.
  • Insurance companies.
  • Securities brokers and dealers.
  • Tax-exempt entities (e.g., nonprofits).

3. Beneficial Owners

Individuals who meet one or both of the following criteria:

Ownership Criterion: Owns at least 25% of the reporting company.

Control Criterion: Exercises substantial control over the entity (e.g., senior officers or decision-makers).

What Information Must Be Filed?

A BOI report must include the following details about each beneficial owner and company applicant:

  • Full legal name.
  • Date of birth.
  • Residential address (for individuals) or business address (for company applicants).
  • A unique identifying number from an acceptable identification document (e.g., U.S. passport, state ID, or driver’s license).
  • Copies of the identification documents.

Visit www.easycompliance.us or email Jenny at jenny@easycompliance.us for more information.

Penalties for Non-Compliance

Failing to comply with BOI filing requirements can result in severe penalties:

  • Civil Penalties: Up to $500 per day for each day the violation continues.
  • Criminal Penalties: Fines up to $10,000 and/or imprisonment for up to 2 years for willful non-compliance, submitting false or fraudulent information, or unauthorized disclosure of reported information.

How to File a BOI Report

The filing process involves the following steps:

1. Prepare Required Information

Gather all necessary information about the reporting company and its beneficial owners.

2. Access FinCEN’s Filing System

The BOI reports must be submitted electronically through the FinCEN BOI Reporting Portal. FinCEN provides step-by-step guidance on their official website.

3. Complete and Submit the Form

Fill out the online form, upload the required documentation, and review the information before submission. Ensure accuracy to avoid penalties.

4. Keep Records

Maintain copies of the submitted reports and related documentation for your records.

Tips for Compliance

Understand Your Filing Obligations: Determine if your entity qualifies as a reporting company.

Seek Professional Guidance: Consult legal or compliance experts to ensure accurate filing and adherence to deadlines.

Feel free to reach out to easycompliance.us, which has provided us with this information. You can schedule a call directly from this link as well.

Stay Updated: BOI regulations may evolve, so keep abreast of updates from FinCEN or the Treasury Department.

Easy Compliance (www.easycompliance.us):

Easy Compliance is an established legal services company in the US that provides the following services:

  1. New company setup services
  2. Trademark filing services with USPTO
  3. Legal reporting services, e.g., BOI report.
  4. Amazon brand registration services.

Visit www.easycompliance.us or email Jenny at jenny@easycompliance.us for more information.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Safetyvalue Trading Center Launches Mobile App V2 With Biometric Login and Real-Time Alerts

Published

on

Safetyvalue Trading Center unveils Mobile App V2, featuring biometric authentication, customizable dashboards, and push notifications to support secure, high-speed crypto trading for users around the world.

Safetyvalue Trading Center today announced the official release of Safetyvalue Mobile App V2, a major update to its iOS and Android applications that brings powerful new features, optimized performance, and improved accessibility for global cryptocurrency traders. This latest version reflects the company’s focus on delivering a streamlined, user-friendly mobile experience without compromising on security or functionality.

Safetyvalue Trading Center Launches Mobile App V2 With Biometric Login and Real-Time Alerts

The V2 upgrade introduces a redesigned interface that makes it easier for users to view markets, manage portfolios, and execute trades in just a few taps. In addition to the sleek new design, Safetyvalue has integrated biometric login options, including Face ID and fingerprint authentication, for enhanced account security and convenience.

Key upgrades include:

Biometric authentication for secure, password-free access

Customizable trading dashboard with real-time charts, order book, and price alerts

Push notifications for price movements, order execution, and system updates

NFT wallet view and direct marketplace access

One-click switching between spot, margin, and DeFi modes

Support for 10+ languages, including Spanish, Arabic, Japanese, and Portuguese

“The mobile experience is critical to modern crypto users, and V2 is designed to meet their evolving needs,” said a Safetyvalue product director. “Whether users are tracking NFT auctions, managing a diverse portfolio, or executing high-frequency trades, the new app ensures everything is accessible, fast, and secure—right from their pocket.”

The new app architecture has also been optimized for low-bandwidth environments and faster load times, especially in emerging markets. Safetyvalue has implemented advanced caching and real-time syncing mechanisms that allow users to stay connected even with intermittent internet access.

In addition to core trading features, Safetyvalue App V2 includes educational modules, how-to guides, and integrated customer support via live chat and help center browsing. This makes it easier for new users to onboard and begin trading with confidence, regardless of prior experience.

The updated mobile app plays a key role in Safetyvalue’s broader mission to provide borderless, 24/7 access to digital assets. It supports all Safetyvalue account types and integrates seamlessly with the platform’s unified multi-asset system, allowing users to manage fiat, crypto, NFTs, and DeFi positions from a single wallet interface.

App V2 is now available on the Apple App Store and Google Play, with rollout support for over 100 countries. Safetyvalue has confirmed that additional features—such as wallet connect integrations, staking dashboards, and multi-account switching—are in development for upcoming releases.

Download or learn more at:

https://safetyvalue.info

https://safetyvalue-review.com

https://safetyvaluetrading.center

https://safetyvaluetrading.pro

https://safetyvalue.wiki

Media Contact

Organization: Safetyvalue

Contact Person: Alexander Griffin

Website: https://safetyvalue.com/

Email: Send Email

Country:United States

Release id:27142

Disclaimer: The information provided in this press release is for informational purposes only and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Safetyvalue Trading Center does not recommend that any cryptocurrency should be bought, sold, or held by you. Conduct your own due diligence and consult your financial advisor before making any investment decisions. Cryptocurrency trading involves substantial risk and may not be suitable for all investors.

View source version on King Newswire:
Safetyvalue Trading Center Launches Mobile App V2 With Biometric Login and Real-Time Alerts

It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release.

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

ExaCrypt Unveils Redesigned Platform Interface Focused on Usability and Speed

Published

on

The new ExaCrypt interface introduces an upgraded, user-centered design featuring improved navigation, mobile optimization, and advanced charting tools—empowering traders with a more efficient, responsive platform.

ExaCrypt, a leading digital asset trading platform, is excited to announce the launch of its completely redesigned user interface (UI), offering a modern, intuitive, and more user-friendly experience for traders worldwide. This significant platform update is aimed at improving navigation, enhancing the overall user experience, and ensuring a more streamlined trading process for both beginners and seasoned professionals.

ExaCrypt Unveils Redesigned Platform Interface Focused on Usability and Speed

A Modern, Streamlined Design for Enhanced Trading Efficiency

The new user interface brings a fresh, modern look while maintaining the platform’s robust functionality. Key features of the redesigned UI include:

Intuitive Layout: The interface has been simplified for easier access to essential trading tools and information. Users can now quickly find the features they need, from live market data to order placement, all in one place.

Customizable Dashboard: Traders can personalize their dashboard with widgets and shortcuts to prioritize their most-used tools and data, creating a tailored experience that fits their individual trading styles.

Optimized Mobile Experience: The updated platform design is mobile-responsive, providing seamless functionality and smooth navigation on any device, allowing users to trade on the go without compromising on features or performance.

Real-Time Data and Enhanced Charting Tools: The redesigned interface includes enhanced charting tools and real-time market data for more precise analysis and better decision-making.

User-Centered Design for All Traders

“We’ve listened to feedback from our community, and this UI redesign is the result of our commitment to making ExaCrypt not just a powerful platform, but also a highly intuitive one,” said Élise Laurent, Product Manager at ExaCrypt. “Our goal is to ensure that traders of all levels, from beginners to professionals, can easily access the tools they need to succeed. The new interface delivers on that promise, providing a clean, customizable workspace with everything traders need right at their fingertips.”

Improved Performance and Speed

Alongside the visual improvements, the platform has been optimized for performance, ensuring that users experience faster load times, smoother navigation, and improved responsiveness. This update enables ExaCrypt to continue delivering the seamless and secure trading experience that its users expect.

About ExaCrypt

ExaCrypt continues to innovate and lead in the digital asset trading industry by providing advanced tools, a secure environment, and a user-focused platform. With the launch of the new UI, ExaCrypt further strengthens its commitment to offering a top-tier, user-friendly platform that empowers traders around the world.

For more information, please visit:

https://www.exacrypt.review

https://www.exacrypt.pro

https://www.exacrypt-fr.com

 

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

Media Contact

Organization: ExaCrypt

Contact Person: Elise Laurent

Website: https://e-crypt.com/

Email: Send Email

City: Paris

Country:France

Release id:27137

View source version on King Newswire:
ExaCrypt Unveils Redesigned Platform Interface Focused on Usability and Speed

It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release.

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

24Newswire.com Sets the Gold Standard in Press Release Distribution with Unmatched Reach and Results

Published

on

24Newswire.com delivers reliable and results-driven press release distribution services for businesses of all sizes. From corporate announcements to event promotions, the platform makes it easy to distribute press releases to thousands of top-tier media outlets worldwide. Designed for maximum visibility and brand impact, 24Newswire offers strategic targeting, real-time reporting, and one of the most effective solutions for business PR distribution and event news distribution available today.

New York, NY – In today’s fast-paced digital age, getting noticed is more challenging than ever. Enter 24Newswire.com, a leading platform revolutionizing the way businesses and organizations distribute press releases. Offering one of the best press release distribution services in the industry, 24Newswire.com is designed to amplify visibility, increase brand credibility, and reach global audiences through powerful media networks.

As a premier press release distribution service, 24Newswire.com enables clients to seamlessly submit their press release for distribution across 15,000+ news outlets, including prominent platforms such as Google News, Yahoo Finance, AP News, MarketWatch, and more. Whether you’re a startup launching a product or a multinational company making major announcements, 24Newswire.com ensures your message reaches the right audience.

 

Why Choose 24Newswire.com?

Best Press Release Distribution Services: At 24Newswire.com, we pride ourselves on being among the best press release distribution platforms globally. Our platform provides industry-leading exposure by tapping into targeted and authoritative media outlets.

Business PR Distribution: For companies looking to build strong brand awareness or make impactful announcements, our Business PR Distribution services are tailored to deliver measurable results. From investor relations to product launches, 24Newswire covers it all.

Event News Distribution: Planning an event? 24Newswire specializes in Event News Distribution, helping organizers attract media attention and maximize event attendance through timely and widespread media coverage.

How Are Press Releases Distributed?

Many businesses often ask, “how are press releases distributed?” The answer lies in a combination of strategic syndication and cutting-edge technology. 24Newswire uses a robust network of journalists, bloggers, newsrooms, and online publishers to ensure every press release for distribution reaches its maximum potential.

Our streamlined system allows users to easily upload, format, and distribute press releases within minutes. Coupled with advanced targeting options and analytics, clients gain insights into reach, engagement, and media pickups.

How to Press Release Distribution – Made Simple

Still wondering “how to press release distribution” effectively? 24Newswire.com makes it simple. Just choose your package, submit your content, and we take care of the rest—from editorial review to global distribution. Our user-friendly interface is perfect for both PR professionals and first-time users.

Built for Businesses of All Sizes

Whether you’re a small business looking for cost-effective exposure or a large corporation seeking extensive media reach, 24Newswire offers flexible pricing and distribution packages to suit your needs. With scalable options and real-time analytics, our platform ensures transparency and performance tracking at every stage.

About 24Newswire.com

24Newswire.com is a trusted name in press release distribution services, helping brands, agencies, and organizations across industries communicate their stories to the world. Backed by a team of seasoned PR professionals and cutting-edge technology, 24Newswire delivers comprehensive distribution, maximum media exposure, and tangible results.

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST