Did you know that most businesses need to file a report to comply with the Corporate Transparency Act?

Last Updated 10/9/2024Posted in Announcements


Dear Business Owners,

I wanted to take a moment to share an important update regarding the Corporate Transparency Act (CTA) that went into effect starting January 1, 2024. This law requires many businesses to file reports disclosing their beneficial owners—those individuals who own or control 25% or more of the company.

This move towards financial transparency is aimed at combating fraud and ensuring greater accountability. If your business falls under this regulation, it is crucial that you file your reports on time to avoid significant penalties.

Unsure if this applies to you? Now is the perfect time to consult with your accountant or legal representative to ensure compliance and avoid costly mistakes.

FRAUD ALERT: There is NO fee to handle this process! However, please be cautious as companies are offering this service that may be attempting to phish for your personal information. Stay informed and protect your business.

For more information please visit: CCDC's website and feel free to reach out if you have any questions or need further assistance.

Stay ahead of the deadline!

Best regards,
Kris
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