The Corporate Transparency Act (CTA) requires U.S. and foreign companies to report ownership information to FinCEN by January 1, 2025, or face $500/day penalties.
Check out information from FinCen!
Not every company needs to file—there are 23 exemptions—but figuring it out can be confusing and expensive. Counsel Club simplifies the process: take a 90 second test to see if you need to file, then complete your BOI Form directly with FinCEN in less than 5 minutes on our secure, encrypted platform. No lawyers, no hassle.
The CTA Tool was created by a legal team that has represented hundreds of startups, emerging companies, small businesses, and investment funds. We make the CTA BOI filing process easy, clear cut, and cost effective. Counsel Club’s full suite of legal digital tools are launching in January 2025. Draft legal contracts, stay compliant with State and Federal regulations, and keep up to date with legal requirements.
