Ultimate Beneficial Ownership Regulations in USA: What You Need To Know

The United States has officially joined hundreds of other countries in requiring corporate transparency through UBO reporting. 

Entities that already exist have 2 years to figure out who their UBOs are, and file with FinCEN. Entities that don’t exist yet have to do it as soon as they incorporate. Everyone has to certify annually.

If you’ve been managing entities awhile, you’re probably already neck deep in UBO work around the globe, and you understand the importance of having reliable, accessible, and digestible data about your entities. If you’re new to this, you probably don’t even know where to start. Either way, Athennian is here to help! We’ve got a team of legal professionals who have taken a look at the Corporate Transparency Act, and put together an easy guide on how to comply to ultimate beneficial ownership regulations.

In Athennian, you can record the details of individuals and companies deemed to be beneficial owners, generate statutory documents, and report on those relationships across entities. 

View Athennian's Transparency Register capabilities here:

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Interested in speaking to our team of legal professionals about this change? Talk to an expert here.