B
Business Formation Guide
complianceUpdated 2026-03-31

Does Texas Have a State-Level BOI Requirement?

No. Texas does not impose a separate state-level Beneficial Ownership Information (BOI) filing requirement. Texas entities must file an annual Ownership Information Report (OIR) or Public Information Report (PIR) with the Texas Comptroller by May 15 each year under Tex. Bus. Org. Code § 11.252, but this is a franchise tax compliance document listing officers, directors, managers, and members—not a BOI registry. Federal FinCEN BOI reporting under 31 U.S.C. § 5336 applies separately and independently.

Texas Annual Reporting Obligation

All Texas business entities must file an OIR/PIR annually with the Texas Comptroller (not the Secretary of State). The report is due May 15 each year, with the first report due May 15 of the year following formation. Filing is free.

Required Information:

  • Principal office address and principal place of business
  • Names and addresses of all officers, directors, managers, or members
  • Secretary of State file number
  • Registered agent information

Penalties for Late Filing: A $50 flat penalty applies if filed late, plus 5% interest if paid 1–30 days late, 10% if over 30 days late, and additional interest after 61 days. Failure to file results in forfeiture of the right to transact business and potential involuntary termination by the Secretary of State.

Federal BOI vs. Texas Reporting

The federal Corporate Transparency Act (CTA) requires most corporations and LLCs to report beneficial owners (individuals with 25%+ ownership or substantial control) to FinCEN. This is a separate federal obligation from Texas's OIR/PIR requirement. Texas's annual report does not satisfy federal BOI filing obligations.

You must comply with both:

  1. File the Texas OIR/PIR with the Comptroller by May 15 annually
  2. File federal BOI with FinCEN if your entity is subject to the CTA (typically entities formed after January 1, 2024, or certain older entities)

Next Steps

  • Determine federal BOI applicability at fincen.gov
  • File your Texas OIR/PIR online through the Texas Comptroller's portal by May 15 annually
  • If federally required, file BOI with FinCEN separately by the applicable deadline
  • Consult a Texas tax professional to confirm both state and federal compliance obligations

Contact: Texas Comptroller of Public Accounts at (512) 463-5555 or visit comptroller.texas.gov.

This is general information, not legal advice.