Beneficial ownership information pertains to identifying details about a reporting company, about its beneficial owners (the individuals who directly or indirectly own or control 25% or more of the “ownership interests” of the reporting company or who directly or indirectly exercise “substantial control” over the reporting company) and, in some cases, about its company applicant or applicants.
Domestic reporting companies created before January 1, 2024 and foreign (non-U.S.) reporting companies that first registered to do business in the U.S. before January 1, 2024, will have until January 1, 2025 to file their initial beneficial ownership information report.
