New Federal Filing Requirement - Beneficial Ownership Information

The Corporate Transparency Act requires many companies doing business in the United States to report information to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) by January 1, 2025 about who ultimately owns or controls them. Join a FinCEN representative for a virtual information session on beneficial ownership information reporting requirements and how to comply with the law.

What is beneficial ownership information?

Why is beneficial ownership information important?

Who has to file beneficial ownership information?

Under the Corporate Transparency Act, who can access beneficial ownership information?

When and how do entities need to file beneficial ownership information?

What are the consequences of intentionally filing false beneficial ownership information, or not filing at all?

For more information go to Beneficial Ownership Information Reporting | FinCEN.gov