Flora Pettit Corporate Transparency Act Compliance Resources
Beginning January 1, 2024, certain types of entities created in or registered to do business in the United States must report information about their beneficial owners—the persons who ultimately own or control the company—to the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). This requirement is part of federal legislation known as the Corporate Transparency Act (CTA).
Linked here are Resources to assist Flora Pettit clients in understanding and meeting their CTA reporting obligations, if any. Flora Pettit is happy to assist clients with understanding and meeting their obligations under the CTA and its beneficial ownership information (BOI) reporting requirements, however, Flora Pettit will not submit client BOI reports to FinCEN, whether an initial filing or required updates. Clients must do so either themselves, with or without Flora Pettit’s assistance, or through a third-party vendor such as CT Corporation.
View the CTA Resources HERE.
