I en värld där transparensen alltid ökar: the US has adopted the “Corporate Transparency Act” requiring the disclosure of any Beneficial Owner having over 25% kontrollera.
Lagen inkluderar LLCs och lagstadgade truster som rapporterande enheter.
Detta kommer att verkställas senast kl: 1st januari 2023.
Failure to comply with the Act’s reporting requirements can result in civil penalties of up to $10,000, as well as jail time in the case of criminal non-compliance.
It is now crucial to organize your affairs and structures in a compliant matter prior to the deadline. Contact us to know how this can affect you.
The law is available for download below: