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ARTICLE · 10 DECEMBER 2025

New York LLC Transparency Act Update

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This advisory provides a general summary of the New York Limited Liability Company Transparency Act (NY LLCTA) and its requirements and is not intended to, and does not, provide legal...

United StatesCorporate/Commercial Law
Phillip Koh
Phillip Koh
Scott M. Vetri
Scott M. Vetri
Andrew Jagoda
Andrew Jagoda
Jonathan C. Byer
Jonathan C. Byer
Walter S. Weinberg
Walter S. Weinberg
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This advisory provides a general summary of the New York Limited Liability Company Transparency Act (NY LLCTA) and its requirements and is not intended to, and does not, provide legal, compliance or other advice to any individual or entity. Please reach out to your Katten Muchin Rosenman LLP contact for assistance regarding the application of the NY LLCTA to your specific situation.

The New York Limited Liability Company Transparency Act (NY LLCTA) will become effective on January 1, 2026. At a high level, the NY LLCTA shares many of the key components of the federal Corporate Transparency Act and its implementing rules promulgated by the US Treasury Department's Financial Crimes Enforcement Network (FinCEN) (collectively, the CTA). Like the CTA, the NY LLCTA is designed to combat the use of shell companies for illicit activities such as money laundering, terrorism financing and other illegal activities.

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