Reporting package includes:
Reporting package includes:
BOI Reporting Software
Our software solution for FinCEN Beneficial Ownership Reporting is designed to aid partner firms in overseeing compliance for their clientele. Streamline compliance processes for your clients, while also generating extra revenue. Ensure adherence to financial regulation compliance and combat financial crimes effectively.
Over the years we have learned a thing or two while servicing 15,000+ compliance clients, as well how to integrate and support our partners in serving the needs of their third-party clients.
FAQ
The Corporate Transparency Act mandates that many businesses, including certain corporations, LLCs, and other entities, must complete Beneficial Ownership Reporting to avoid criminal and civil penalties. This requirement aims to ensure transparency in business ownership and enhance efforts to combat financial crimes.
Non-compliance with Beneficial Ownership Reporting requirements may result in both criminal and civil penalties. These penalties can include fines, sanctions, and legal repercussions for businesses that fail to disclose accurate and complete ownership information.