Corporate Transparency Act 2024 Requirements. By the end of 2024, existing companies must file their reports under the cta. The deadline is quickly approaching for companies created or registered to do business in the united states before 2024 to report beneficial ownership.
On september 30, 2022, the financial crimes enforcement network (fincen) issued a final rule implementing the reporting requirements of the corporate transparency. The department has prioritized efforts to implement the corporate transparency act (cta) to prevent corrupt and other actors from laundering illicit funds through anonymous companies in the united states.