The Corporate Transparency Act (CTA) requires businesses to report key details about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). Here’s what you need to include:

Required Information:

For each beneficial owner and company applicant (the person who files to create the entity), the following must be reported:

1. Full Legal Name
   ‍
2. Date of Birth
   ‍
3. Current Residential or Business Address
   ‍
4. Unique ID Number (from a passport, driver’s license, or other government-issued document)

This information helps law enforcement track down the real individuals behind companies, preventing illegal activities like money laundering and tax evasion.

Make sure your business files accurately to stay compliant. For more details on reporting, visit FinCEN.