Ensuring Compliance with Digital Signature Lawfulness for Job Applicant Rejection Letter in Mexico

How to eSign a document: digital signature lawfulness for Job Applicant Rejection Letter in Mexico

what's up YouTube James Baker here and today we are going to complete together the beneficial ownership information Report with fincent everyone's been talking about this complete this report starting January 1st 2024 or get $500 a day penalties get all these crazy penalties well it's a really easy report and I'm going to share my screen and we're going to do it for me for one of my companies that I have and I'm going to show you how to do it and kind of explain you through it all okay bookmark this video send it to your friends say guys there's this report every business owner who has an LLC a partnership a corporation anything registered in any of the states and if you have any company registered in a state in the United States you generally have to comply with this report I have another video explaining who actually has to do it so check out that video if you don't think it's you but basically if you have an LLC or Corporation or any kind of entity created in the United States you need to submit this report one time and then every time that your information changes if you change your address if you change your ownership you have to update the report and I'm going to share that with you now so let me share my screen and let's get to it so you are going to go to Boi filing. fincen.gov welcome to the Boi filing system supports the electronic filing of the beneficial ownership information report under the corporate transparency act the CTA requires certain types of us inform to report beneficial ownership information of financial crimes enforcement Network a bureau of the US Department of a bureau of it so there's two ways to do it the thing where you download a PDF fill out the PDF and upload it or you can just do it online so we're going to do Adobe Reader is required to do it this way this is where you are going to download the form do it offline at your own pace let's prepare it I'm going to download this too let's look at it instructions validate final save print type of filing initial report which is almost everyone if you've never done it it's the initial report legal name tax ID so we're going to put initial report first now on here we have the home and we have the reporting company and this is where you're going to put your LLC name you're going to have your company applicants and this is going to be generally not for you right now if you're doing it and then the beneficial ownership okay so I'm going to do with the online version though prepare and submit boir and editing team please don't share my personal infos with these guys on the internet I love your YouTube but I want to share you all my on my person leads so here we go filing information initial report is what we're doing right now it's the first time we're filing if you have to correct a prior report or if you update a prior report um this is like to include more ownership or maybe an address it doesn't really specify if it's an address or not if you have questions there's the FAQs for the Boi report general questions reporting questions if you have any questions go to fincen.gov bo- FAQs facts and this will answer all of the stuff for you there's no videos to watch just read it and search it on there so type of filing for me initial report now I'm going to next it I'm going to eventually do a finsen ID so check the finsen ID box to get a unique finsen identifier so I have a number of different companies for whatever reason and a finsen ID will allow me to just type in a number instead of enter all the information about my beneficial ownership so I'm going to do that for me later tax ID I'm going to put in my Ein I'm going to put in my Ein there this is a foreign only so you can put on a foreign company if you're if your foreign company is registered in the state in the in the in in a state no dash just the number country jurisdiction of formation this is a Florida company but we're going to put United States of America as the jurisdiction state of formation is going to be Florida and then current US address the current US address now a lot of people are asking about the address they're saying James I don't have a Us address well you have to put in something they don't want you to put in your registered agent address put in a business address put in any address you can receive mail but if you're a foreign person with a foreign company and I mean with a foreign person that owns an LLC and you don't have us address you have to use the best address that you got now we're at the company applicants so if you pay if you pay me to open a company for you I'm going to put in my information as a company applicant because I'm a company that's doing these applications for you if you go to Northwest or these other whatever like or whatever to open a company I believe that the organizer is going to be the company applicant and they're going to fill it out with their finsen ID right now we're an existing reporting company that means that you were open before 2024 if you're opening a company after 2024 you have to see if this is being reported on your behalf or not some comp if you if you work with me we're going to just do this automatically because we're we're we're required to do it as a company applicant and you can read about this company applicant stuff here who is a company applicant a reporting company it talks about it on this website basically not all the company applicant can be the accountant or whoever is the organizer of the company whoever filled out the documentation so but right now we don't have to do that because these are old companies beneficial owner add beneficial owner if you have a fent ID you can type that in and we're good you going have to put in the entity individual's last name or entity's legal name if it's an ENT but they want a person so I'm going put Baker and I'm going put James cuz y you all know me I'm going to put blur this date of birth so a secet you just miss my birthday everyone subscribe as a birthday present for me it would make me so happy if you guys are watching this far my birthday okay now I need my residential address it looks like it needs to be it can be foreign so you can have a foreign residential address I would put in your whatever your address is foreign address is fine again this this information isn't going to be shared sced it's it's all private the only people that can get access to this information is a foreign government or a bank or someone who's suspecting you of doing some illegal activity and they're looking into you in Def fincent so only if you're being investigated or you're like doing illegal stuff would this ever really even be seen by anyone um the fincent isn't really is isn't supposed to be allowed to share this stuff and I talked about this a lot more in the other video about who needs to file this which is kind of everybody form of identification from issuing jurisdiction so this is going to be a driver's license which what I'm going to use a a US passport a foreign passport or a state local tribe issued ID so most people are going to use U foreign passport or US driver's licenses I wouldn't put my US Passport if I don't have to use my US driver's license you need the document number you need the jurisdiction you need the state and you need actually to upload an image of the document and that's it so I have my state driver's license I have my number I have my jurisdiction I have have my state and then I have the a picture of the image I'm going to put next here okay so it says the willful failure to complete the information or to update it uh it may rev result in civil or criminal penalties okay complete the report in its entirety with all the required information and I'm certifying here I am authorized to file this boir on behalf of the reporting company I further certify on behalf of the reporting company that the information contained in this is true correct and complete so this is me submitting it I'm putting my email in so I get a confirmation my first name my last name I'm going to submit it and then I'm going to save my confirmation so that's it guys it took me 10 minutes to do this and I'm like going all over the place back and forth getting the information explaining it teaching you how to do it if you thought this video was helpful please like And subscribe if you don't know if you need to do this form or not click this video again I just did a long video with the whole presentation where you can check out if it's required or not but this is it subscribe the channel I talk about this stuff all the time helpful stuff we want you to make more money and be more successful okay thanks for being here don't forget to submit this before the end of the year if your company was open before 2024 you have until December 31st 2024 to submit this report if you're opening your company during 2025 if you're doing the company opening yourself you have to submit within 90 days and if you uh are using another organizer they're probably submitting it for you just confirm with them okay so thanks for being here I appreciate you all and my editors mostly for really chopping through this video you guys are the best uh hopefully you not don't know all my informations and I'll see you all in the next video thank you