Remove more-on-the-corporate-transparency-act
article thumbnail

Important Notice Regarding the Corporate Transparency Act Filing Requirements

The IP Law Blog

The Corporate Transparency Act (“ CTA ”), a new federal filing requirement for many business entities, became effective on January 1, 2024. Tax return; (b) the business has more than 20 full-time employees in the U.S.; (c) c) the business has an operating presence at a physical office in the U.S. .; (c)

article thumbnail

Important Notice Regarding the Corporate Transparency Act Filing Requirements (Updated 3/4/2024)

The IP Law Blog

UPDATED 3/04/2024 On March 1, 2024, a lower Alabama federal court held that the Corporate Transparency Act, which requires certain businesses to file a BOI Report with FinCEN that includes information about their beneficial owners, is unconstitutional. c) the business has an operating presence at a physical office in the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Reform of Companies House

Herbert Smith Freehills

The Government has laid the Economic Crime and Corporate Transparency Bill (ECCT Bill) in Parliament which contains, among other things, draft amendments to the Companies Act 2006 to facilitate the reform of Companies House. An easy reference snapshot of the Companies House reform proposals can be found here.

article thumbnail

The Corporate Transparency Act is Here. Now How Do I Report?

LexBlog IP

part 3 of 3 This post is the third and final part in a series on the Corporate Transparency Act. The last two posts talked about who the beneficial owners are under the Corporate Transparency Act (Act). The Act requires all company applicants to be included on the report.

article thumbnail

The Corporate Transparency Act is Here. Now What About Ownership Interests?

LexBlog IP

(part 2 of 3) This post is the second part in a series on the Corporate Transparency Act. The last post talked about how a beneficial owner under the Corporate Transparency Act (Act) can be any individual who exercises “substantial control” over the company. Options and Convertible Notes.

article thumbnail

Hallmarks of an Ethics and Transparency Program

Olartemoure Blog

According to the Superintendency of Corporations in Colombia. Accounting control procedures intended to ensure that books, records and accounts are not used to hide acts of corruption. An effective disciplinary system to sanction any violation of the BTEP by employees or corporate officers.

article thumbnail

The Corporate Transparency Act is Coming, is Your Company Ready?

LexBlog IP

Two days before Christmas Eve 2020, I drafted this blog post regarding the Corporate Transparency Act (CTA). The CTA is set to fundamentally change corporate reporting requirements, impacting millions of businesses in 2024. As of January 1, 2024, the CTA will be enforced for all new and existing entities.