Join us for an informative webinar featuring Mark High from
Dickinson Wright's Detroit office. Mark will be breaking down
the Corporate Transparency Act (CTA) and what it means for
businesses like yours.
In this session, Mark breaks down the ins and outs of the CTA,
including why it's crucial for companies to register the
personal information of beneficial owners with FinCEN at the US
Department of Treasury. He stresses the importance of acting fast,
especially for new companies formed this year, who have just 90
days to comply.
Mark will also discuss the serious consequences of not following
the rules and why it's essential for every company to designate
a CTA compliance officer to ensure they stay on track.
You'll learn:
- What the Corporate Transparency Act (CTA) is all about and why it matters for your business.
- The timeline for compliance: New companies need to act within 90 days of formation while existing ones have until the end of 2024.
- Who's exempt: Mark will walk you through the exceptions, including for companies already regulated elsewhere, publicly traded entities, and large operating companies meeting certain criteria.
The live session has concluded, but don't worry! You can still catch all the valuable insights by clicking below to view the on-demand recording.
Corporate Transparency Act – What's All the Hoopla
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
