Does a reporting company need to file a beneficial ownership information report each time it registers to do business in a different state?

No. Reporting companies must file initial beneficial ownership information (BOI) reports within certain timeframes. For example, a reporting company created (if domestic) or registered to do business (if foreign) in the United States on or after January 1, 2024, must file an initial BOI report after it has received actual notice that its creation or registration has become effective or the date on which a secretary of state or similar office first provides public notice, such as through a publicly accessible registry, that the reporting company has been created or registered. A reporting company does not need to file additional BOI reports in connection with subsequent filings with secretaries of state or similar offices that merely: (1) authorize a domestic reporting company that already exists under the laws of one State or Tribe to do business under the laws of another State or Tribe; or (2) authorize a foreign reporting company that is already registered under the laws of one State or Tribe to do business under the laws of another State or Tribe.