Corporate Transparency Act: Filing Requirements

Under the Corporate Transparency Act, some 27 million businesses across the U.S. are required to file a Beneficial Ownership Information Report with the Financial Crimes Enforcement Network (FinCEN, an agency of the US Department of Treasury) and then update it whenever any of the reported information changes.

To help businesses understand whether they need to file and what information must be reported, our PathLight Law team has prepared a detailed summary of the filing requirements.