If you are a manager of an LLC, a general partner of a limited partnership or an officer of a corporation you are required to file so called “Beneficial Owner” reports with the Criminal Division of the Department of the Treasury also known as the Financial Crimes Enforcement Network (“FinCEN”) unless your company is a so-called large operating company having gross annual revenue of more than $5,000,000 and at least 20 full-time employees.
Click on links below for additional information:
Corporate Transparency Act (CTA) FINCEN NOTIFICATION
Beneficial Ownership Information Reporting
BOI Step by Step Instructions - FinCen Identifier (ID)
Beneficial ownership answers for your LLC
Who is a beneficial owner under the Corporate Transparency Act?
BOI 23 Exemptions
The Corporate Transparency Act’s impact on trusts
