In the case of every trust, it must be determined if the trust is a reporting company. If so, the trust must file its initial BOI report by January 1, 2025, if it was created (if domestic) or registered to do business (if foreign) before January 1, 2024.
Trusts that are reporting companies that are created or registered for the first time in the US during 2024 must file within 90 calendar days of first receiving actual or public notice of their creation or registration. That deadline drops to 30 calendar days for reporting companies created or registering for the first time in 2025 and beyond.
Trusts that are reporting companies also have to file updated BOI reports within 30 calendar days of a change in the information the reporting company reported about the reporting company or its beneficial owners.
Related Article: What is a Reporting Company?
Can an individual hold ownership interest in a reporting company through a trust?