# Beneficial Ownership Information Act Filing is due very soon!
**URL:** https://www.mineralrightsforum.com/t/beneficial-ownership-information-act-filing-is-due-very-soon/78364
**Category:** General Mineral Rights Discussion
**Created:** [November 21, 2024, 7:03pm UTC](https://www.mineralrightsforum.com/t/beneficial-ownership-information-act-filing-is-due-very-soon/78364 "2024-11-21T19:03:44Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [November 21, 2024, 7:03pm UTC](https://www.mineralrightsforum.com/t/beneficial-ownership-information-act-filing-is-due-very-soon/78364/1 "2024-11-21T19:03:44Z")
For those of you with your minerals held in an LLC or a corporation, your BOI is due in just a few weeks (if you did not do it last year). You will need to read the requirements on the FInCEN website to get your personal FinCEN number (just takes a few minutes). SAVE THAT NUMBER! and the 16 digit code if it is given.
Read the requirements for which members/shareholders in your LLC or Corporation need to file as a beneficial owner.
> **[FinCEN.gov](https://www.fincen.gov)**
>
> United States Department of the Treasury
[Beneficial Ownership Information Reporting | FinCEN.gov](https://fincen.gov/boi). File your report here.
Get advice from your attorney or CPA if you have questions. There are fines for not filing on time.
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### Author:  [@Mineral\_Owner5](https://www.mineralrightsforum.com/u/Mineral_Owner5)
#### Post date: [November 23, 2024, 9:33pm UTC](https://www.mineralrightsforum.com/t/beneficial-ownership-information-act-filing-is-due-very-soon/78364/2 "2024-11-23T21:33:41Z")
Does this apply to Non Producing Mineral Rights?
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### Author:  [@TennisDaze](https://www.mineralrightsforum.com/u/TennisDaze)
#### Post date: [November 23, 2024, 9:47pm UTC](https://www.mineralrightsforum.com/t/beneficial-ownership-information-act-filing-is-due-very-soon/78364/3 "2024-11-23T21:47:52Z")
If they are held in an entity such as corporation or partnership and not if in your individual name. It is entity requirement. If you have multiple entities then each needs to file. Carefully review the standards as to which owners or officers need to be listed and consult your corporate attorney with questions.
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### Author:  [@Mineral\_Owner5](https://www.mineralrightsforum.com/u/Mineral_Owner5)
#### Post date: [November 23, 2024, 10:20pm UTC](https://www.mineralrightsforum.com/t/beneficial-ownership-information-act-filing-is-due-very-soon/78364/4 "2024-11-23T22:20:34Z")
Thank you, I have the info that is required and will get it filed. Have a good Thanksgiving.
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### Author:  [@c\_b](https://www.mineralrightsforum.com/u/c_b)
#### Post date: [November 28, 2024, 5:33pm UTC](https://www.mineralrightsforum.com/t/beneficial-ownership-information-act-filing-is-due-very-soon/78364/5 "2024-11-28T17:33:14Z")
Does this also cover pore space rights?
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### Author:  [@TennisDaze](https://www.mineralrightsforum.com/u/TennisDaze)
#### Post date: [November 28, 2024, 5:51pm UTC](https://www.mineralrightsforum.com/t/beneficial-ownership-information-act-filing-is-due-very-soon/78364/6 "2024-11-28T17:51:53Z")
It applies to small corporations, LLCs, partnerships and limited partnerships, and certain trusts. Very large entities are exempt. It has nothing to do with what is owned. The government wants to know who the large shareholders and partners, managers, and executives are. Read the link posted by Martha. If you own everything in your individual name, and not in an entity, then you will not need to file. Consult your attorney or CPA if you need help.
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### Author:  [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [December 11, 2024, 2:59am UTC](https://www.mineralrightsforum.com/t/beneficial-ownership-information-act-filing-is-due-very-soon/78364/7 "2024-12-11T02:59:33Z")
Beware of a government looking website called [BOIR.Org](http://BOIR.Org) that wants to charge you $149 to file your report per entity. You can file it directly with the site Martha cited for free but this website I mentioned comes up at the top of the Google search page.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [February 19, 2025, 7:03pm UTC](https://www.mineralrightsforum.com/t/beneficial-ownership-information-act-filing-is-due-very-soon/78364/8 "2025-02-19T19:03:46Z")
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