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Compliance Made Simple for U.S. Investors with Foreign Affiliates

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What Is the BE-10?

The BE-10 Benchmark Survey of U.S. Direct Investment Abroad is a mandatory filing required every five years by the Bureau of Economic Analysis (BEA). If you are a U.S. person or entity with 10% or more ownership in a foreign business during the 2024 fiscal year, you may be required to file—even if the BEA hasn’t contacted you.

Who Must File?

  • U.S. individuals or entities with foreign affiliates
  • BE-11 filers must file BE-10 instead for 2024
  • Key Deadlines

  • May 30, 2025: Fewer than 50 affiliate forms
  • June 30, 2025: 50 or more affiliate forms
  • Extensions may be requested
  • Required Forms

  • BE-10A – For the U.S. parent company
  • BE-10B, C, or D – For each foreign affiliate, based on size/ownership
  • Filing Methods

  • Online via BEA’s eFile system (preferred)
  • Also accepted via mail or fax
  • Penalties for Non-Compliance

    Failure to comply can result in civil penalties of $2,500 to $25,000, with increased fines for willful violations.

    How We Can Help

  • Confirming whether you’re required to file
  • Preparing and submitting accurate forms
  • Ensuring compliance and avoiding penalties
  • Managing deadlines and extension requests
  • Have foreign affiliates or unsure if you need to file?

    Or visit the BEA website for more information.

    If This Doesn’t Apply to You

    No further action is required. We sincerely appreciate the opportunity to serve you and look forward to continuing to support your compliance needs