Effective January 1, 2024, the Corporate Transparency Act requires most entities to file a Beneficial Ownership Information (“BOI”) Report.
For entities formed:
• Prior to January 1, 2024 –> the deadline is on or before January 1, 2025.
• On or after January 1, 2024 –> the deadline is 90 days from the formation confirmation date provided by the state of jurisdiction.
• On or after January 1, 2025 –> the deadline is 30 days from the formation confirmation date provided by the state of jurisdiction.
Your BOI Report filing options are:
• Submit your entity’s BOI Report directly on FinCEN’s website online or through its linked PDF (see link here: https://boiefiling.fincen.gov/fileboir);
• Use a third-party service provider; or
• Engage Nason Yeager to assist in the preparation and filing of your entity’s BOI Report. If you choose to do so, please contact your Nason Yeager attorney or email our Corporate Department at CTA@nasonyeager.com.
While most entities fall under the CTA, there are exemptions for certain qualifying entities. Should you have any questions or would like our assistance in determining if your entity is a Reporting Company or is eligible for one of the exemptions, please feel free to contact our Corporate Department at CTA@nasonyeager.com.
Nason Yeager is not responsible for government filings that may be required under the Corporate Transparency Act (“CTA”). Unless we have expressly agreed in writing to provide legal advice concerning the CTA, our engagement does not include any such advice.