Corporate Transparency Act Information Hub

Starting January 1, 2024, the Corporate Transparency Act (CTA) requires certain entities to report information to the Treasury Department's Financial Crimes Enforcement Network (FinCEN), including beneficial ownership information (BOI).

Enacted as part of broad anti-money laundering and antiterrorism measures, the CTA attempts to ensure businesses operating in the United States are legitimate entities. The goal is to prevent businesses from being used for illicit activities that might harm U.S. national security or financial systems.

Review these articles to learn about the reporting obligations the CTA will impose on businesses.

What Entities Are Required to Report?

The CTA defines a large number of entities doing business in the United States as "reporting companies." Explore whether your business is likely included or exempt.