U.S.-formed Entities Are Exempt from Business Ownership Interest Reports under Corporate Transparency Act
…er the law of a foreign country and which are authorized to do business in New York, are required to file beneficial ownership interest reports with the New York Department of State. Such initial and annual disclosure statements must disclose the names and other personal identifying information of those who own 25% or more and/or “substantial control” the foreign limited liability company. This includes dates of birth, personal address and identif…
