Your Ultimate Shield Against Corporate Transparency Act (CTA) Compliance Risks
Non-compliance with the CTA could lead to severe penalties, putting your business and clients at risk. Beneficial Owner Filing, LLC offers a comprehensive, one-stop solution to ensure you meet every CTA requirement swiftly and securely. Our industry-leading platform is the fastest and most powerful tool available, designed to keep you compliant now and in the future.
What is the Corporate Transparency Act (CTA) Compliance
The Corporate Transparency Act (CTA) mandates that U.S. businesses report detailed information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). This is aimed at combating illicit activities like money laundering and tax evasion and increases transparency in business ownership.
Key Requirements
Beneficial Ownership Reporting
Filing Deadlines
Key Deadlines
Existing Entities: Must file by December 31, 2024.
New Formations After January 1, 2024: Must file within 90 days of formation.
New Formations After January 1, 2025: Must file within 30 days of formation.
Penalties for Non-Compliance
Civil Penalties
Criminal Penalties
Operational Risks
What Is The Office Of Foreign Asset Control(OFAC) Compliance
The Office of Foreign Assets Control (OFAC) administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals. Compliance with OFAC regulations is mandatory for businesses operating in the United States. OFAC regulations apply to all U.S. persons and businesses, including those operating overseas
Key Requirements
Sanctions Screening
Regularly screening customers, vendors, and transactions against OFAC’s list of sanctioned individuals, entities, and countries.
Due Diligence
Conducting thorough due diligence to ensure no dealings with prohibited parties.
Reporting
Reporting any blocked transactions or prohibited dealings to OFAC.
Penalties for Non-Compliance
Severe civil fines
That can reach millions per violation.
Criminal Penalties
Substantial fines and imprisonment.
Business Impact
Frozen assets, blocked transactions, and irreparable reputational damage.
Registered Agents at Risk
Operational Risks
As a registered agent, failing to comply can lead to blocked transactions and loss of client trust.
Screening Obligations
As a registered agent, you must conduct through due diligence to ensure that you clients are not engaging in prohibited transactions.
Why Choose Beneficial Owner Filing, LLC ?
Trusted Expertise
At Beneficial Owner Filings LLC, we offer unmatched compliance expertise. Our team has long worked with:
FinCEN’s FBAR.
The Department of Treasury (IRS & OFAC)
Secretary of State processes
Our expertise and our team’s deep knowledge are our greatest assets. With decades of experience, we help ensure accurate filings and seamless compliance
Fast and Secure
Our platform ensures you meet deadlines effortlessly.
Expert Support
Professional guidance to navigate CTA requirements smoothly.
Streamlined Process
Simplified filings for both existing entities and new formations.
Who Needs to Comply?
Law Firms
Ensure timely CTA compliance for your clients.
Accountants
Protect your clients from financial and legal risks.
Business Owners
Avoid fines and operational setbacks.
Protect Your Business
Begin your compliance process with Beneficial Owner Filings LLC today to fully protect your business and clients under the CTA
Choose Beneficial Owner Filing, LLC for Efficient and Hassle-Free Filings
Beneficial Owner Filing, LLC Is Your Partner In Risk Mitigation.
How Will the CTA Process Work?
Gather Essential Information
Collect Entity, Beneficial Owner, and Company Applicant details.
Create an Account
Securely set up your profile on our platform.
Invite or Enter Information
Send email invites for Beneficial Owners and Company Applicants to input their data, or manually enter it yourself.
Review Reports
Ensure accuracy by reviewing the Beneficial Owner Information Report (BOIR).
Submit to FinCEN
Comply with ease and receive immediate confirmation.
Monitor in Dashboard
Stay informed with real-time tracking.
Manage and Amend
Easily view, print, and amend information as required.
Securely Manage Data
Keep all entities and data organized within our platform.
Beneficial Owner Filing, LLC Dashboard – Your Command Center for CTA Compliance
CTA-Specific Solutions – Achieve compliance without breaking the bank
What You Can Expect from Beneficial Owner Filing, LLC
Easy-to-use Forms
Online Access to Reports
Dashboard Management
Expert Help and Support
Efficient and Accurate Work
Cost-effective Solutions
What we Do
Check out some of our Professional Services!
Beneficial Owner Filing, LLC Dashboard – Your Command Center for CTA Compliance
The Beneficial Owner Filing, LLC dashboard is designed to make your CTA compliance management seamless, efficient, and secure, providing all the tools you need to stay compliant and avoid costly penalties.
User-friendly interface with clear menus and shortcuts to critical functions.
Ability to customize the dashboard view according to your preferences, such as showing the most critical information first.
Drastically reduce human error and increase efficiency through advanced automation.
Ensure compliance with our easy-to-use standardized forms and templates.
Submit reports effortlessly to FinCEN with our streamlined integrated electronic filing systems.
At-a-glance view of your overall compliance status, showing which entities are compliant, or need attention.
Real-time alerts for upcoming deadlines, expiring identifiers, and required amendments.
Admin controls to add, remove, and manage user roles and permissions.
Restrict access to who can view and edit sensitive documents, preventing unauthorized access and potential breaches.
Protect your sensitive data with top-tier encryption and secure transmission.
Generate, review, and submit BOIRs directly to FinCEN.
Detailed logs of all actions taken within the dashboard for audit purposes.
Comply with CTA record retention requirements without hassle.
Visual graphs and charts showing the efficiency and accuracy of your compliance processes.
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