FINCEN PREPARES FOR USA UBO REGISTER LAUNCH AS NEW YORK MULLS STATE PUBLIC DATABASE
October 22nd, 2023
American FIU FinCEN has been finalising arrangements for a January 1 deadline for private corporations, companies and businesses operating in the USA to start collecting beneficial and filing ownership information with the agency. While reporting companies created or registered before January 1, 2024, will have until January 1, 2025, to file their initial reports, FinCEN has proposed easing demands on businesses created next year (2024), extending their deadline for filing BO information on owners with 25% or more control to 90 days, than the 30 days mandated ...
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