Some businesses are exempt from filing a BOI report due to being a wholly owned subsidiary of an exempt entity. If your business is owned in its entirety by an exempt entity, answer Yes below.
Is your business a subsidiary of any one of the following exempt entities?
- An exempt depository institution holding company;
- An exempt broker or dealer in securities;
- An exempt securities exchange or clearing agency;
- An exempt entity registered with the Securities and Exchange Commission which is not a securities reporting issuer;
- An exempt investment company or investment adviser;
- An exempt venture capital fund adviser;
- An exempt insurance company;
- An exempt state-licensed insurance producer;
- An exempt Commodity Exchange Act registered entity;
- An exempt public accounting firm;
- An exempt public utility;
- An exempt financial market utility; or
- An exempt tax-exempt entity.