PA DOS Annual Report and BOI Report Filing Alert
Business and nonprofit entities, foreign associations registered to do business in the Commonwealth and domestic business trusts must file an annual report beginning in the calendar year 2025. The annual report is filed with Pennsylvania Department of State (“PA DOS”) and may be submitted electronically. The annual report requires the filer to supply its current name, jurisdiction of formation, the address of its registered office, the name of at least one governor, the name and title of all persons who are principal officers of the filer, the address of its principal office and its entity number or similar identifier issued by the PA DOS.
In addition to the PA DOS annual report, reporting companies formed before January 1, 2024 must also file a BOI report by January 1, 2025 pursuant to the Corporate Transparency Act (“CTA”). Reporting companies must disclose with this filing both the people who form those companies and the people who own or control a substantial portion of the company to the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN).
Compliance is necessary to avoid applicable penalties. For guidance on the annual report and BOI filing obligations or for assistance in making those filings, do not hesitate to contact the Corporate Practice Group at Gibbel, Kraybill & Hess LLP.
(Jonna Stratton works closely with businesses as they navigate the challenges from start up to wind down, as well as those arising in daily operations. She assists corporate clients with contract drafting, asset purchases, leasing, transfers of business interests, trademark and copyright protection, and residential and commercial real estate transactions. In her nonprofit practice, Jonna counsels clients on how to obtain and maintain federal tax exempt status, as well as addressing other general nonprofit matters applicable to nonprofits and B Corporations.)