Incorpuk’s Post

For existing businesses, the Corporate Transparency Act (CTA) goes into effect on January 1, 2024, and imposes a brand-new federal filing requirement on most corporations, limited liability companies, and limited partnerships and on certain other business entities. No later than December 31, 2024, all non-exempt business entities must... (Click the link to continue reading!) #taxplanning

Stay informed! The Corporate Transparency Act (CTA) brings new obligations for business entities. Understanding the CTA is crucial for your compliance and protection. https://bit.ly/3UQwm3q What's in the CTA? ✅ Reporting company definition ✅ Information required: legal name, address, tax ID, beneficial owners' details ✅ Deadlines & Penalties Do You Need to Act? Small business owners, this applies to you! Ensure compliance unless exempted. Act now to avoid penalties. Reach out today at [email protected] or (469) 207-1529. #CorporateTransparencyAct #ComplianceMatters #EstatePlanning #BusinessOwners #CTACompliance

Stay informed! The Corporate Transparency Act (CTA) brings new obligations for business entities. Understanding the CTA is crucial for your compliance and protection. https://bit.ly/3UQwm3q What's in the CTA? ✅ Reporting company definition ✅ Information required: legal name, address, tax ID, beneficial owners' details ✅ Deadlines & Penalties Do You Need to Act? Small business owners, this applies to you! Ensure compliance unless exempted. Act now to avoid penalties. Reach out today at [email protected] or (469) 207-1529. #CorporateTransparencyAct #ComplianceMatters #EstatePlanning #BusinessOwners #CTACompliance

Stay informed! The Corporate Transparency Act (CTA) brings new obligations for business entities. Understanding the CTA is crucial for your compliance and protection. https://bit.ly/3UQwm3q What's in the CTA? ✅ Reporting company definition ✅ Information required: legal name, address, tax ID, beneficial owners' details ✅ Deadlines & Penalties Do You Need to Act? Small business owners, this applies to you! Ensure compliance unless exempted. Act now to avoid penalties. Reach out today at [email protected] or (469) 207-1529. #CorporateTransparencyAct #ComplianceMatters #EstatePlanning #BusinessOwners #CTACompliance

Stay informed! The Corporate Transparency Act (CTA) brings new obligations for business entities. Understanding the CTA is crucial for your compliance and protection. https://bit.ly/3UQwm3q What's in the CTA? ✅ Reporting company definition ✅ Information required: legal name, address, tax ID, beneficial owners' details ✅ Deadlines & Penalties Do You Need to Act? Small business owners, this applies to you! Ensure compliance unless exempted. Act now to avoid penalties. Reach out today at [email protected] or (469) 207-1529. #CorporateTransparencyAct #ComplianceMatters #EstatePlanning #BusinessOwners #CTACompliance

As we approach the season for Annual Returns and Financial Statements, many companies are feeling the weight of compliance. Whether audited or non-audited, the requirements can be burdensome. If your company is no longer part of your future plans, consider options like Members Voluntary Liquidation or Voluntary Strike Off to ease the burden. For more in-depth information on these option, read our article here: https://lnkd.in/etnbQUwH At Azets, our experts are ready to guide you through these processes seamlessly. Reach out today to explore the best path forward for your business. #CompanyCompliance #AnnualCompliance #BusinessFinance #CorporateGovernance #ComplianceMatters

As we approach the season for Annual Returns and Financial Statements, many companies are feeling the weight of compliance. Whether audited or non-audited, the requirements can be burdensome. If your company is no longer part of your future plans, consider options like Members Voluntary Liquidation or Voluntary Strike Off to ease the burden. For more in-depth information on these option, read our article here: https://lnkd.in/enkqbB2P At Azets, our experts are ready to guide you through these processes seamlessly. Reach out today to explore the best path forward for your business. #CompanyCompliance #AnnualCompliance #BusinessFinance #CorporateGovernance #ComplianceMatters

Choosing the right business structure is one of the first & most important decisions you will make. Our guide looks at the key considerations when choosing your business structure, the advantages & drawbacks of each option and how your structure affects tax and personal liability... https://bit.ly/3A6fugT #business #businessstructures #businesstax #heretohelpyou #experts #businessadvisors #guidance #freetodownload

Attention Queens-based Business Owners... Did you know??? Starting January this year, a new law is in effect, and compliance is crucial. The Corporate Transparency Act mandates that businesses must submit a Beneficial Ownership Information Report (BOI Report) to FinCEN. Failure to comply could result in daily fines up to $500. Here's what you need to know: - For businesses registered before 2024, the report must be submitted by year-end to avoid fines. - If your business was registered this year, you have 90 days from registration to submit the report. - No exemptions apply, regardless of business size or revenue. Even if you've never submitted a report before, compliance is mandatory. But don't worry our partners – Queens Economic Development Corporation has you covered! They've developed a comprehensive webinar to guide you through the process step by step. This resource is invaluable and time sensitive. Don't risk fines – ensure compliance today. Register for our webinar and safeguard your business from penalties! REGISTER TODAY FOR THIS FREE WEBINAR! Avoid a $500 a Day Fine: The New Law Affecting All Businesses April 24 @ 12:30 pm - 1:30 pm For more information or to register, go to: https://lnkd.in/ebM8wgnn #ComplianceMatters #CorporateTransparencyAct #QEDCWebinar

Guy Williamson, Richard Spencer and Robert Searle outline the key changes to the BVI Business Companies Act (the "Companies Act") following the release of the BVI Business Companies (Amendment) Act, 2024 (the "Amendment Act"). While the Amendment Act has yet to come into effect, it introduces several important updates to the Companies Act. These include clarifications regarding the content of the register of members, the requirement to maintain a beneficial ownership register and a shortened timeframe for appointing a company’s first director. The Amendment Act reflects the BVI's ongoing dedication to upholding international best practices, particularly those recommended by global regulatory bodies such as the Financial Action Task Force.   Click the following link to read the full advisory: https://lnkd.in/evkYKgEu