(Credit: rudall30/Shutterstock.com) New Corporate-Transparency Laws to Require 'Mountain of Filings'
Startups will need to avoid stumbles because "you want to be putting yourself out there as a good, sophisticated and responsible founder," Fenwick & West partner Jonathan Sagot said.
February 07, 2024 at 01:52 PM
7 minute read
Risk and Compliance
People looking for anonymity in their business dealings might be shocked to find they no longer can use limited liability companies to hide their ownership interests under the Corporate Transparency Act, a federal law aimed at curtailing money laundering that went into effect on Jan. 1.
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