Corporate Transparency Act / Beneficial Ownership Information (BOI) - Reporting Requirements Webinar

Please join the SBA and the Michigan SBDC for: Corporate Transparency Act / Beneficial Ownership Information (BOI) Reporting Requirements
 
Starting January 1, 2024, many companies are required to report information to the U.S. government about who ultimately owns and controls them.

The Corporate Transparency Act (CTA) aims to strengthen anti-money laundering efforts by requiring entities that are formed or registered to do business in the United States to report their beneficial owners and company applicants. Entities that do not meet an exemption will have to file an initial report with FinCEN this year. Subsequent updated reports will also be required if the entity’s reporting individuals have a change to previously reported information.

Thus, this webinar will discuss the following: 

• The importance of the Corporate Transparency Act (CTA) for U.S. business formation. 
• Exemption and filing requirements with FinCEN and updated business reporting obligations. 

Mark High and Alexis Lupo will be presenting on the CTA reporting. It is important that small businesses learn about reporting this information to FinCEN.

Presenters:
Mark High
Consulting Member
Detroit office of Dickinson Wright PLLC

Alexis Lupo
Director, Corporations Division
Corporations, Securities & Commercial Licensing Bureau
Department of Licensing and Regulatory Affairs
State of Michigan

• Please note: no legal advice is provided during this webinar

For more information, contact the Michigan SBDC at 
sbdcmichigan@gvsu.edu