Entities that are created by the filing of a document with a secretary of state or any similar office under the law of a State or Indian tribe are exempt from reporting beneficial ownership information (BOI) to FinCEN. What does the term “State” mean?

For the purposes of this rule, a U.S. “State” means any State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, American Samoa, Guam, the United States Virgin Islands, and any other commonwealth, territory, or possession of the United States.