Each year, all Florida corporations, limited liability companies, limited partnerships, and limited liability partnerships (either domestic entities or foreign entities qualified to do business in Florida) are required to...more
The beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA) are back in effect.
The CTA generally requires “reporting companies” (any domestic or foreign entity registered...more
2/20/2025
/ Beneficial Owner ,
Business Entities ,
Business Ownership ,
Constitutional Challenges ,
Corporate Transparency Act ,
Enforcement Actions ,
Filing Deadlines ,
Filing Requirements ,
FinCEN ,
Regulatory Requirements ,
Reporting Requirements
The status of the preliminary injunction which paused the nationwide enforcement of the Corporate Transparency Act and its implementing rules (collectively, the “CTA”) continues to keep all interested parties on the edge of...more
12/30/2024
/ Beneficial Owner ,
Business Entities ,
Business Ownership ,
Compliance ,
Corporate Transparency Act ,
Filing Requirements ,
FinCEN ,
Preliminary Injunctions ,
Regulatory Requirements ,
Reporting Requirements ,
Stays
In a significant update to the upcoming implementation of the Corporate Transparency Act (CTA), the Financial Crimes Enforcement Network (FinCEN) has extended the filing deadline for reporting entities formed between January...more
The Corporate Transparency Act (CTA), which was enacted to curb money laundering, terrorism financing, and other illicit activities, becomes effective on January 1, 2024. The CTA will impose a new obligation on millions of...more