Understanding the Corporate Transparency Act and FinCEN Beneficial Ownership Reporting Requirements

Beginning January 1, 2024, the Corporate Transparency Act (31 U.S.C. §5336) and relevant guidance promulgated by the United States Department of Treasury, Financial Crimes Enforcement Network ("FinCEN") will require certain domestic and foreign entities registered to do business in the United States to submit a beneficial ownership information (“BOI”) report consisting of certain personal information related to any individuals who own or otherwise exert a certain degree of control over a reporting company (each a “Beneficial Owner”).
Please join us for an in-depth review of the Corporate Transparency Act, which will cover:
Overview of the Corporate Transparency Act
Reporting requirements/exceptions
Who is a Beneficial Owner?
Contents of a BOI report
Key compliance dates