How the Corporate Transparency Act Will Affect Your Business

 Published On Nov 1, 2023

In this video, we'll explore how the Corporate Transparency Act will affect your business. We'll discuss the reporting entities and beneficial ownership requirements, and how you need to plan for them if you're a business entity.

If you're not sure what the Corporate Transparency Act is or how it will affect your business, be sure to watch this video! It will explain everything in detail and help you take the necessary steps to comply with the new law.

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00:00 Intro
00:56 Corporate Transparency Act explained
02:05 When do we have to comply with Corporate Transparency Act
02:37 Who must comply
03:07 What is a Reporting Company
05:10 Beneficial Ownership Explained
06:30 Beneficial Ownership Examples
09:47 Company Applicants
10:40 How to comply
12:38 Consequences for not complying
13:53 Outro

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