12/26/2024
BOI Corporate Filing Due by January 13th.
While the requirement had been temporarily put on hold, it has now been reinstated and companies must file beneficial ownership information online by January 13th or face a potential penalty of $591 per day.
A final rule implementing the beneficial ownership information reporting requirements of the Corporate Transparency Act (CTA) was issued in September 2022. These regulations go into effect on January 1, 2024. Beneficial ownership information will not be accepted prior to January 1, 2024.