On January 1, 2024, the Corporate Transparency Act (CTA) went into effect requiring millions of entities operating in the United States to report their Beneficial Ownership Information (BOI). The Corporate Transparency Act requires reporting organizations to submit BOI to the Financial Crimes Enforcement Network (FinCEN) and to notify the agency of any changes to the information that they reported as they occur. Vcorp can satisfy your FinCEN reporting requirements.
In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports.
More information is available on FinCEN's website at https://www.fincen.gov/boi
More information is available on FinCEN's website at https://www.fincen.gov/boi