News & Analysis as of

Foreign Entities Reporting Requirements Limited Liability Company (LLC)

Winthrop & Weinstine, P.A.

FinCEN Exempts U.S. Companies from CTA Reporting — But Legal Uncertainty Remains

Key Development: FinCEN Limits CTA Reporting to Foreign Entities — For Now On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule (IFR) that significantly narrows the reporting...more

WilmerHale

Corporate Transparency Act: What is a Reporting Company?

WilmerHale on

As we have previously noted, the Corporate Transparency Act (“CTA”) requires any entity that qualifies as a "reporting company" to submit a report disclosing certain beneficial ownership information (“BOI Report”) to the...more

Stevens & Lee

New Annual Report Filing for PA Entities: What Should Businesses Consider?

Stevens & Lee on

As businesses, medical practices, nonprofit entities and other organizations begin working toward their 2024 goals, nearly all that operate through entities organized under Pennsylvania Law (as well as foreign entities...more

DarrowEverett LLP

Amid Corporate Transparency Act, You Gotta Represent In Transactions

DarrowEverett LLP on

By now, many of you may have heard of the Corporate Transparency Act (“CTA”) and how it may increase compliance costs for many of your businesses in 2024. In brief, beginning January 1, 2024, the CTA will require foreign...more

Levenfeld Pearlstein, LLC

You Say Prĭvacy and I Say Prīvacy: Tips to Take Away

Increasing demand for transparency and tax rules focused on the ownership of foreign financial accounts and interests in foreign trusts and entities affect private wealth planning. There are steps you can take to comply with...more

International Lawyers Network

Establishing A Business Entity In Puerto Rico

Puerto Rico offers many advantages to individuals and companies that decide to establish business operations on the Island. These include unique local tax incentives; a strong, dedicated, and skilled bilingual labor force;...more

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