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What is the Corporate Transparency Act (CTA)?

Updated over 2 months ago

The Corporate Transparency Act (CTA) is a federal law enacted by U.S. Congress. The Federal Government will require businesses to file a report with the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury. Information shared by the federal government on their new requirements can be found on their website here: https://www.fincen.gov/boi. A brochure from the federal government is also available by clicking here.

Filing requirements from the Secretary of State's Office have not changed.

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