2025-03321NoticeWallet

Service Sellers to Foreigners: File BE-125 Quarterly

Published Date: 2/28/2025

Notice

Summary

If your U.S. business sells certain services or intellectual property to foreign folks, you’ll need to fill out the BE-125 survey every quarter. This mandatory survey helps the government track U.S. trade and its impact on the economy. You’ll have 30 days after each quarter (or 45 days after your fiscal year ends) to send in your info—so keep an eye out for the official notice!

Analyzed Economic Effects

4 provisions identified: 0 benefits, 4 costs, 0 mixed.

Mandatory quarterly BE-125 reporting

If your U.S. business sells or buys selected services or intellectual property with foreign persons and meets the thresholds, you must complete the BE-125 survey every quarter. BEA will contact U.S. persons required to report; if BEA does not contact you, you have no reporting responsibilities.

Who must report: $6M / $4M thresholds

You must report if your combined reportable sales to foreign persons exceeded $6 million in the previous fiscal year or are expected to exceed $6 million in the current fiscal year, or if combined reportable purchases from foreign persons exceeded $4 million in the previous fiscal year or are expected to exceed $4 million in the current fiscal year. The sales and purchases thresholds are applied separately, so you may need to report only sales, only purchases, or both.

Estimated paperwork: 21 hours per response

BEA estimates the public reporting burden at an average of 21 hours per BE-125 response. Reports may be submitted electronically via www.bea.gov/efile, or downloaded and sent by mail or fax; the OMB control number is 0608-0067.

Quarterly filing deadlines: 30 / 45 days

Reports must be filed within 30 days after the end of each fiscal quarter, except for the final quarter of the entity's fiscal year when reports must be filed within 45 days. The survey is collected quarterly.

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Key Dates

Published Date
2/28/2025

Department and Agencies

Department
Independent Agency
Agency
Commerce Department
Economic Analysis Bureau
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