The CorporateTransparency Act

Each BO Report will need to identify every “beneficial owner” of the reporting company (including non-US citizens) and, for each one, provide a full legal name, date of birth, home address, and a unique identifying number and supporting document (such as a driver’s license or passport). Identifying every beneficial owner is a complicated process that includes determining who or which companies and then who within those companies have substantial control over the reporting company. If BO Reports are not filed or are filed incorrectly, criminal or civil penalties could be borne by the controlling individuals of the entity and the entity itself.

Our CTA Taskforce offers clients a comprehensive, methodical, high-volume approach to ensure speed, accuracy, and consistency. Additionally, we utilize patent-pending tools for data privacy and security of personal data collected. Our task force is led by one of the leading authorities on the CTA, Jonathan Wilson, the author of The Corporate Transparency Act Compliance Guide. Additionally, our team includes senior partners with decades of privacy and corporate governance experience.