BOI reporting in Colorado
Under FinCEN's March 26, 2025 interim final rule, BOI reporting requirements changed significantly for Colorado businesses. Colorado-formed LLCs and corporations are exempt. Only foreign-formed entities registered to do business in Colorado must file BOI with FinCEN.
Most US entities are exempt from BOI under the 2025 interim final rule.
If you formed your business in Colorado (LLC, corporation, nonprofit), you no longer need to file BOI under the current interim rule.
The interim final rule from FinCEN, effective March 26, 2025:
- Removed BOI reporting for "domestic reporting companies" · entities formed in any US state including Colorado.
- Maintained BOI requirements only for foreign-formed entities registered to do business in any US state.
- Excluded US persons from being reported as beneficial owners by any entity.
Colorado-formed entities: no BOI filing required
If your LLC, corporation, or nonprofit was formed in Colorado by filing Articles of Organization or Articles of Incorporation with the Colorado Secretary of State, you are exempt from federal BOI reporting under the current interim rule.
Colorado does not have a state-level beneficial ownership law as of 2026. Federal BOI under the FinCEN interim rule is the only beneficial ownership filing currently applicable in Colorado.
Foreign-formed entities operating in Colorado: must file
If your entity was formed under the laws of another country (UK Ltd, Canadian Inc, Singapore Pte Ltd, etc.) and you registered to do business in Colorado via foreign qualification, BOI filing is required:
- Deadline: 30 calendar days from the effective date of Colorado foreign qualification.
- What to file: Beneficial owner information for each non-US person beneficial owner. US persons are NOT reported.
- Where to file: FinCEN BOSS at boiefiling.fincen.gov (free).
- Penalty for non-filing: Up to $591/day in civil penalties, plus criminal penalties up to $10,000 + 2 years imprisonment.
Need to file? We handle it for foreign entities in Colorado
If you are a foreign-formed entity registered in Colorado, File.Business handles the BOI filing $249 one-time. Includes exemption verification, beneficial owner data collection, FinCEN submission, and update monitoring.
Start BOI filing Decision treeColorado BOI FAQ (2026)
I formed an LLC in Colorado. Do I need to file BOI?
No. Colorado-formed LLCs are exempt under the March 2025 interim final rule.
I am a foreign company registered in Colorado. Do I file?
Yes. Foreign-formed entities registered to do business in Colorado must file BOI within 30 days of registration. Filing with FinCEN is free; our service fee is $99.
What if I am a US citizen but own a foreign entity registered in Colorado?
The foreign entity still files BOI, but does NOT report you (a US person) as a beneficial owner. Only non-US beneficial owners are reported.
Will this rule change again?
The interim final rule is subject to ongoing review. Treasury accepted public comment through May 2025. If the rule changes, we will update this page and notify customers.
Does Colorado have its own state-level BOI law?
Colorado does not have a state-level beneficial ownership law as of 2026.
On the $129/yr Compliance Annual Filings plan, we cover state late fees.
When you autofile your annual report through the $129/yr plan and we miss the deadline, we pay the state's late fee. The guarantee applies to that specific plan and the filings it includes. Other File.Business services are billed at the prices on this page.