How to Report Beneficial Ownership Information to Finsen

💼The Corporate Transparency Act is now in effect, and companies need to report their beneficial ownership information to Finsen.

📝To report beneficial ownership information, begin by visiting the Finsen website and accessing the reporting portal.

📄You will need to provide information about your company, such as its legal name, tax identification type, and jurisdiction of formation.

🧑‍💼For each beneficial owner, you will need to enter their personal details, including full name, date of birth, and identifying document type and number.

📎You may also need to upload an electronic copy of the identifying document for each beneficial owner.

Who needs to report beneficial ownership information to Finsen?

—All companies formed or registered to do business in the US on or after January 1, 2024, need to report their beneficial ownership information to Finsen.

What information do I need to provide about my company?

—You will need to provide your company's legal name, tax identification type, jurisdiction of formation, and current business address.

What information do I need for each beneficial owner?

—For each beneficial owner, you will need to provide their full name, date of birth, residential address, and identifying document type and number.

What are the accepted types of identifying documents?

—Accepted types of identifying documents include driver's license, state or locally issued ID, passport, or foreign passport.

Is there a deadline for reporting beneficial ownership information?

—While there is no specific deadline mentioned, it is recommended to complete the reporting process as soon as possible to avoid any potential issues.

00:01The Corporate Transparency Act is now in effect, and companies need to report their beneficial ownership information to Finsen.

00:24To report beneficial ownership information, visit the Finsen website and access the reporting portal.

01:00Provide information about your company, such as its legal name, tax identification type, and jurisdiction of formation.

09:41For each beneficial owner, enter their personal details, including full name, date of birth, and identifying document type and number.

12:52Submit the completed form and receive a confirmation of your submission.