Beneficial Ownership Information Reporting
The federal Corporate Transparency Act (“CTA”) establishes a new beneficial ownership reporting requirement for limited liability companies, corporations, and other similar entities formed or registered to do business in the United States. Beneficial ownership reports must be filed with the Financial Crimes Enforcement Network (FinCEN), a bureau within the U.S. Department of Treasury. For more information on the
beneficial ownership information requirements. The North Carolina Secretary of State does not administer and has no responsibility for enforcing the CTA or the beneficial ownership information reporting program.
