NEW 2024 Beneficial Ownership Information Reporting:
Starting January 1, 2024, many companies will be required to report information to the U.S. government regarding who ultimately owns and controls them.
Who Has to Report?
- A corporation, a limited liability company (LLC), or otherwise created in the United States by filing a document with a secretary of state or any similar office under the law of a state or Indian tribe; or
- A foreign company and was registered to do business in any U.S. state or Indian tribe.
How Do I Report?
Reporting companies will have to report beneficial ownership information electronically through FinCEN’s website: www.fincen.gov/boi The system will provide the filer with a confirmation of receipt once a completed report is filed with FinCEN.