Unusual Exemptions: Subsidiaries

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.
Question 11 of 11
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