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FinCEN Makes CTA Beneficial Ownership Reporting Exemptions Permanent for U.S. Businesses

ARTICLE | October 06, 2026

Authored by Vasquez + Company

If your business has been navigating the ever-shifting landscape of the Corporate Transparency Act (CTA), there is a significant development you need to know about. On August 11, 2026, the Financial Crimes Enforcement Network (FinCEN) issued a final rule permanently exempting U.S.-created entities from the beneficial ownership information (BOI) reporting requirements that took effect in January 2024. While this brings welcome relief for most domestic businesses, the CTA has not been repealed, and certain foreign entities operating in the United States must still comply. Understanding where your business stands, what obligations may remain, and what steps, if any, you need to take is essential.

Read the full article here.

 

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