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New rules are reshaping how businesses in Florida must report ownership details to the federal government. The Beneficial Ownership Information (BOI) reporting requirements now apply to most small businesses, and missing the filing window could mean major fines. Whether you're running a real estate company in Fort Lauderdale, a boutique in Coconut Grove, or a startup in Tampa, you need to understand the BOI reporting deadlines Florida businesses face in 2025.
BOI reporting is part of the federal Corporate Transparency Act (CTA), enforced by the Financial Crimes Enforcement Network (FinCEN). It requires certain U.S. businesses to disclose details about their beneficial owners — the real people who control or benefit from the company — to fight financial crimes like fraud and money laundering.
For Florida businesses, this means a brand-new compliance step added to your yearly to-do list. And yes — failing to report on time can lead to fines up to $500 per day.
Almost all small and medium-sized corporations and LLCs formed in Florida must file a BOI report unless they meet specific exemptions. That includes family-owned businesses, startups, and local service providers. Even inactive companies that haven't formally dissolved may still need to file.
Exemptions include:
But if you're a small business operating under a Florida LLC or S-Corp, chances are — this law applies to you.
Timing is critical. Here’s a breakdown:
Failing to meet these deadlines doesn’t just risk late fees. It could put your company in regulatory crosshairs. Avoiding that starts with filing early.
Each BOI report must include:
All of this is filed online through the FinCEN system — not your state or county tax office.
Mistakes in your filing can lead to rejections, delays, or worse — penalties. Here’s what to watch out for:
Need help navigating these changes? Visit our BOI reporting and entity renewal services page for step-by-step guidance from Florida-based pros who understand the local rules.
Getting ahead of the game doesn’t have to be hard. Here’s how smart business owners in Florida are staying compliant:
Florida businesses have unique needs. Our state sees a high volume of LLC formations, real estate holding companies, and international investors. All these factors can complicate compliance.
By working with a team that understands BOI reporting deadlines Florida businesses must meet, you're more likely to stay accurate and avoid penalties. At The Tax Team, we help businesses in Miami, Orlando, Jacksonville, and beyond meet every requirement — on time and without stress.
You may face penalties of up to $500 per day, with potential criminal charges for willful violations.
Yes. Most single-member LLCs are still required to report under the CTA unless exempt.
Reports are filed online through the FinCEN BOI reporting portal, not through the state of Florida.
Yes. You must file an update within 30 days of any change in beneficial ownership or company details.
Absolutely. We assist Florida businesses of all sizes in meeting their BOI and entity renewal requirements. Learn more on our BOI services page.
Yes — if your company is registered in the U.S. and doesn’t meet an exemption, you must report.
BOI reporting isn’t just another government form — it’s now a required part of running a compliant Florida business. Understanding and meeting the BOI reporting deadlines Florida businesses face in 2025 is the best way to avoid penalties, protect your company, and stay ahead of federal regulations. Don’t wait until it’s too late — let The Tax Team help you file right, the first time.
