Swyft Filings vs File.Business: BOI reporting
Choosing between Swyft Filings and File.Business for BOI reporting? Here's the honest comparison. Swyft Filings typically charges $49 for entry-level service plus higher renewal fees. File.Business charges $0 service fee and uses transparent pass-through state fees.
Boi Reporting comparison at a glance
| Item | Swyft Filings | File.Business |
|---|---|---|
| Entry-level price | $49 | $0 |
| Boi Reporting service fee | $49+ | $0 |
| RA renewal fee (year 2+) | $149/yr | $99/yr |
| Penalty-free guarantee | No | Yes |
| Compliance calendar | Partial / add-on | Included with Pro |
| SOC 2 certified | Varies | Yes (Type II) |
| Founded | 2012 | 2017 |
Where Swyft Filings wins
Low entry price.
Where File.Business wins
- Lower total cost. Heavy upselling, limited features adds up over years.
- Modern platform. Mobile app, public API, document vault, integrations built in.
- Penalty-free guarantee. If we miss a state deadline, we cover the late fee.
- Boi Reporting included on Pro. We do not bill BOI reporting separately.
- $0 service fee always. The state fee is your only formation cost.
3-year total cost (sample comparison)
For a single-state LLC over 3 years (formation + 2 RA renewals + annual reports):
- Swyft Filings: $447 (entry-level + 2 RA renewals + state fees)
- File.Business: $298 (RA free year 1, $99/yr after + state fees)
- You save: $149 over 3 years
Migration playbook: switch from Swyft Filings to File.Business
We make the switch easy. Steps:
- Sign up for File.Business and choose your service plan.
- We file a change of registered agent with your state (free in year 1).
- We pull your filings from Swyft Filings and add them to your document vault.
- Your compliance calendar starts tracking deadlines automatically.
- Cancel your Swyft Filings subscription with the cost savings.
FAQ: Swyft Filings vs File.Business for BOI reporting
Is File.Business cheaper than Swyft Filings for BOI reporting?
Yes. Swyft Filings typically charges $49 for entry-level service plus higher renewal fees. We charge $0 service fee and $99/year RA after year 1.
Can I switch from Swyft Filings to File.Business mid-year?
Yes. We file a change of registered agent for your entity and import your existing records. No interruption to your business.
Does Swyft Filings have anything File.Business does not?
Low entry price. We address these gaps through our partner network.
What is the catch with $0 formation at File.Business?
No catch. We make money on optional add-ons (banking referral fees, partner attorney referrals, premium tiers) which you do not need to use to get value.
Recommended add-ons
Most customers add these to keep their business compliant year-round.
Annual BOI Monitoring
RecommendedWe re-file when beneficial owners change. No more 30-day FinCEN scramble.
Registered Agent
Required address forwarding for every business entity in every state.
Compliance Calendar
Best valueSee every deadline - BOI, annual reports, licenses - in one calendar.
Premium compliance, no service-fee markup.
Trust you can verify
SOC 2 Type II audited platform. 220,000+ businesses served. 60-day money-back on service fees. State fees passed through at cost with no hidden markup. Explicit AUP on restricted industries.
A compliance partner, not a transaction
Most providers go quiet after checkout. We auto-track every state deadline, BOI update, annual report, and license renewal across your entities. The Business OS dashboard keeps your compliance score visible year-round.
Premium experience competitors cannot match
Premium positioning, transparent pricing, no service-fee markup on state or federal filings. Premium positioning, transparent pricing, no service-fee markup on state filings.