Fintech CTA Compliance: Beat the March 21st Deadline
The Corporate Transparency Act (CTA) demands that most companies, including Fintech firms, disclose their beneficial owners by March 21, 2025. Failure to comply can result in significant penalties, impacting your company's reputation and financial stability. This guide provides a practical, step-by-step process for achieving CTA compliance. Understanding Beneficial Ownership: Identifying the True Controllers The CTA focuses on identifying the individuals who ultimately own or control a company, not just those listed on official documents....