Who counts as a 'beneficial owner' for BOI reporting — just me or also my spouse and business partners?
I am a South Korean citizen and I co-own a U.S. LLC with my wife (also Korean) and a Canadian business partner. We each own one-third. My wife handles the finances but is not listed on any formation documents. Our Canadian partner manages daily operations. For the BOI report, which of us are beneficial owners? Is it based on ownership percentage, control over operations, or both? Also, our attorney filed the Articles of Organization for us — does she count as a 'company applicant' that we need to report?
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