NOTICE: New Federal Corporate Transparency Act (CTA) Reporting of Beneficial Ownership Starting January 1, 2024

Beneficial ownership reports must be filed with the Financial Crimes Enforcement Network (FinCEN), a bureau within the U.S. Department of Treasury.

The CTA includes significant reforms to anti-money laundering laws and is intended to help prevent and combat money laundering, terrorist financing, corruption, and tax fraud. The CTA establishes a beneficial ownership reporting requirement for corporations, limited liability companies, and other similar entities formed or registered to do business in the United States.

It is important for all domestic and foreign entities doing business in the U.S. to ensure compliance to avoid liability and penalties for violations. We recommend all business owners review the new reporting requirements and, if necessary, adopt policies and procedures to ensure ongoing compliance and meet with your accountant or attorney to discuss the new law and how it affects you.

For more information:

Download the Beneficial Ownership Information Brochure

Visit our Frequently Asked Questions page.

Business Services

PLEASE NOTE: All business entity information filed with our office is public record and is available online.

Small Business Development Center

These SBDC wizards will help you navigate through the process of getting your new business started today.

SBDC

Business
Wizard

Start Now

SBDC

Resource Wizard

Start Now

System Upgrade In Progress

Campaign Finance, Lobbyist Reporting, and Online Voter Tools are expected to be offline from April 9th at 5:00 p.m. MDT, through April 12th at 8:00 a.m. MDT to complete a system upgrade.

Per Idaho Code 67-6607, campaign finance is reported monthly during a campaign’s election year. The deadline for the March report falls on Saturday, April 10th. Due to the interruption caused by this upgrade, political treasurers will be allowed to file the March report until 11:59 p.m. MDT on Monday, April 12th.

While we do our best to ensure compliance with all deadlines in statute, the timing of this release is critical to ensure minimal (or no) impact to the May election cycle. We are sorry for any inconvenience this may cause.