Corporate Transparency Act Guidance

Corporate Transparency Act Guidance

Embrace the Future of Corporate Compliance: The Corporate Transparency Act Became Effective on January 1, 2024

Prepare to navigate the new Corporate Transparency Act (CTA) which went into force on January 1, 2024. The CTA heralds a transformative shift in the business landscape, requiring covered entities to disclose beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN). With potential penalties for non-compliance, adapting to these changes is not just a legal obligation but a strategic imperative.

Our dedicated Corporate Transparency Act Guidance Team stands ready to equip your business with the tools and knowledge necessary to meet the Act’s demands head-on. We’ve meticulously studied the Act’s intricacies, keeping pace with its evolution, and are poised to provide you with unparalleled insights and tailored strategies.

Time is of the essence.  All entities in existence prior to January 1, 2024 must file their initial report by December 31, 2024.  All newly formed entities must file within 90 days after formation.

Partner with us to ensure your business seamlessly transitions into the new era of corporate compliance. Together, we’ll ensure that your business not only meets its obligations under the CTA but also thrives in an environment of enhanced transparency and accountability. Contact us today to embark on this transformative journey towards compliance.

Visit our Corporate Transparency Act resource page.

Key Contacts

Team

P:  314.754.4840
E: durban@capessokol.com

Sarah J. Luem

Shareholder

P: 314.505.5498
E: luem@capessokol.com

P: 314.754.4832
E: pierson@capessokol.com

P: 314.505.5424
E: alshathir@capessokol.com

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