NAMB

The NAMB and FinCEN Report Join Forces
Are You Ready for The Corporate Transparency Act?

FinCEN Report has partnered with The National Association of Mortgage Brokers to help busy mortgage brokers that have formed or registered a company in the U.S. file quickly and efficiently through our secure system. The Corporate Transparency Act (CTA) is a landmark federal law aimed at preventing illicit activities such as money laundering, tax fraud, and human trafficking by requiring certain entities to file beneficial ownership information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury.

Starting January 1, 2024, mortgage brokers will need to complete new paperwork to aid in the fight against financial crimes.

FOR COMPANIES WITH
ONE bENEFICIAL OWNER

REPORT EZ

$49/ANNUALLY

FOR COMPANIES WITH
TWO OR MORE BENEFICIAL OWNERS

REPORT 365

$199/ANNUALLY
What You’ll Get With Report EZ and Report 365
Secure Filing & Confirmation Email
Unlimited Post-Filing Amendments
Automatic Compliance Reminders
Unlimited Online Support
Auto-Renews, Cancel Any Time

Key Deadlines & Enforcement

EXISTING BUSINESSES

Formed before January 1, 2024 must file an initial BOI report no later than January 1, 2025.

NEW BUSINESSES

Formed on or after January 1, 2024 must file an initial BOI report within 90 days after formation.

FAILURE TO COMPLY

May bring a fine of $500/day and/or a possible felony with up to 2 years in prison.

AMENDMENT REQUIRED

Within 30 days after any change in previously-reported data or any change in beneficial ownership.

How Do I Determine My Company’s Beneficial Owners?

An individual who owns 25% or more of the ownership interests in your company

OR

An individual who has “substantial control” over your company

Click here for a deeper explanation of how to determine who is a beneficial owner.

compliance MADE EASY

What Information Do I Need In Order to File?

Identity of Beneficial Owners

All beneficial owners need to provide their name.

Address of Beneficial Owners

Those listed as a beneficial owner must also provide an address they are connected to.

Answers to a Few Questions

Respond to simple questions (such as date of birth) to help complete your profile.

Government Identification

Upload a copy of a government issued identification for each beneficial owner listed.

Get in the know! Download 5 Reasons to Get Started on CTA Compliance NOW

Getting compliance right is important for your business. Download 5 Steps to Get Started on CTA Compliance NOW to get moving today.

We‘ve helped thousands of companies with The Corporate Transparency Act…

“I really appreciated the step by step guide and was impressed with the level of expertise of the customer service team. They resolved my questions with ease and made the process extremely straightforward.”

Lorraine H., Small Business Owner

“This new filing felt nerve-racking to me, but the FinCEN Report customer service walked me through the process were extremely helpful, knowledgeable and patient with me. Highly recommend.”

Johnaa S., Small Business Owner

Pricing Made Easy

FOR COMPANIES WITH
ONE bENEFICIAL OWNER

REPORT EZ

$49/ANNUALLY

FOR COMPANIES WITH
TWO OR MORE BENEFICIAL OWNERS

REPORT 365

$199/ANNUALLY