The Corporate Transparency Act, enacted by Congress in 2021 in order to reduce inappropriate financial activities, requires Companies doing business in the United States to report important information about the individuals who own or control them As a result, Companies operating within the United States are required to report their Beneficial Ownership Information to the Financial Crimes Enforcement Network (FinCEN) bureau of the US Treasury Department. The deadline for filing these Beneficial Ownership Reports (BOR) is January 1, 2025. Very importantly, there are serious penalties for failing to file Beneficial Ownership Reports.
Let us help you comply with the beneficial ownership interest reporting requirements of the Corporate Transparency Act. Our reporting system is designed to make the reporting process quick, easy, and secure. Since companies are required to update their Beneficial Ownership Reports on a regular basis, we offer our clients the choice of 2 options; a 1 time reporting process, or annual reporting. Our process is simple, register for a free account with Sterling Issuer Services, and then see what option is best for you. Once you have selected either a 1 time filing, or the option of annual reporting, our system will automatically forward instructions on getting started.
Complying with any new Federal Regulation can be confusing and difficult. Our dedicated Beneficial Ownership Reporting service and team are here to help you:
We offer enterprise level solutions for organizations with a large number of reports to file. Please contact our office to see how we can be of benefit to your and your clients reporting needs.
Don’t wait—secure your business’s future by ensuring compliance with beneficial ownership regulations.Click here to see your options for filing today.
