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US: Deadline fixed for foreign company beneficial ownership reporting

【Translated by HW Group】

The formal gazetting of a new US Department of the Treasury rule in the Federal Register gives foreign companies in the US until 25 April 2025 to report their beneficial owners under the Corporate Transparency Act. They need not report any beneficial owners who are US persons. 

Sources:【2025/03/26 Financial Crimes Enforcement Network】

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