Corporate Transparency Act 2024 How To File It. Learn the basics of the corporate transparency act which requires llcs and corporations, both new and existing, to share beneficial ownership information with fincen. The corporate transparency act (cta) requires “reporting companies” to file a report with the department of treasury’s financial crimes enforcement network (fincen).

January 1 all new entities have to register with the fincen. Beginning january 1, 2024, the us corporate transparency act (cta) will require “reporting companies” to submit a report to the financial crimes enforcement network.