MINNEAPOLIS--(BUSINESS WIRE)--Experts from Wolters Kluwer CT Corporation will offer insights in preparing for and complying with new “beneficial ownership” reporting requirements that go into effect January 1, 2024 in a webinar, “Preparing for the Corporate Transparency Act.” The webinar takes place from 1-2 pm EST Wednesday, November 15.
The new reporting requirement will require millions of businesses to file a Beneficial Ownership Information (BOI) Report with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). The new rule is part of the Corporate Transparency Act (CTA), with FinCEN issuing the regulation and providing the details on who must file a BOI report, when the report has to be filed, and what information has to be reported.
Attendees will learn about the Corporate Transparency Act and who needs to report beneficial ownership information, when and what information needs to be prepared by impacted businesses, and details on CT Corporation’s Beneficial Ownership platform, which will be available directly from Wolters Kluwer as well as through partners to help impacted businesses ensure compliance with the reporting requirements.
More information on navigating the new beneficial ownership rule is available by visiting the CTA Resources page.
For more than 130 years, Wolters Kluwer CT Corporation has been the leading provider of registered agent services, incorporation services, and legal entity compliance. It is part of Wolters Kluwer’s Financial & Corporate Compliance (FCC) division and has a global reach into over 150 countries. More than 75 percent of Fortune 500 companies, 95 percent of AmLaw 100 law firms, and 350,000 small businesses trust CT Corporation to handle their compliance needs with the help of innovative solutions such as UCC Hub, an end-to-end due diligence workflow solution for corporate transactions. Wolters Kluwer Compliance Solutions, also part of FCC, is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks, credit unions, insurers and securities firms.
About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software, and services for professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2022 annual revenues of €5.5 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 20,900 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.