Corporate Transparency Act 2024 Requirements

Corporate Transparency Act 2024 Requirements. Beginning january 1, 2024, the us corporate transparency act (cta) will require “reporting companies” to submit a report to the financial crimes enforcement. What every small business needs to know about the corporate transparency act.

The department has prioritized efforts to implement the corporate transparency act (cta) to prevent corrupt and other actors from laundering illicit funds. On january 1, 2024, the corporate transparency act (“cta”) comes into effect.