CRITICAL UPDATE: FinCEN Publishes Updated Deadline of Jan 13th

FinCEN released an update communicating that all reporting companies must resume filing beneficial ownership information (unless otherwise noted) and the Department of the Treasury recognizes the challenges caused by the recent injunction, thus the following deadline extensions apply:

• Pre-2024 Existing Companies: Companies created or registered before January 1, 2024, must file their initial beneficial ownership reports by January 13, 2025 (instead of the original January 1, 2025 deadline).
• Deadlines for companies created after 01/01/24
  • September 4–December 23 newly-formed Companies: Companies created or registered on or after September 4, 2024, that had a filing deadline between December 3 and December 23, 2024, must file by January 13, 2025.
  • December 3–23 newly-formed Companies: Companies created or registered between December 3 and December 23, 2024, have an additional 21 days beyond their original filing deadline to submit their initial reports.
  • Disaster Relief: Companies qualifying for disaster relief may have deadlines beyond January 13, 2025; they should follow whichever deadline is later.

Visit the FINCEN website HERE to read the full update.