Upcoming Webinar: April 24th, 2024 – The Corporate Transparency Act: Navigating BOI Reporting

Background Background

FAQs

What is beneficial ownership information?

Why do companies have to report beneficial ownership information to the U.S Department of the Treasury?

When will FinCEN accept beneficial ownership information reports?

What companies will be required to report beneficial ownership information to FinCEN?

Who is a beneficial owner of a reporting company?

Will a reporting company need to report any other information in addition to information about its beneficial owners?

What information will a reporting company have to report about itself?

What will a reporting company have to report about its beneficial owners and company applicants?

How will I report my company’s beneficial ownership information?

Who will be able to access reported beneficial ownership information and for what purposes?

How will FinCEN protect beneficial ownership information reported to it?