Licensing Resources for Veterans
Office of Policy & Legislative Affairs
Construction Codes
Community and Health Systems
Corporations, Securities & Commercial Licensing Bureau.
Michigan Office of Administrative Hearings and Rules
Professional Licensing
Search is currently unavailable. Please try again later.
The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer.
The Corporate Transparency Act
Federal Legislation Requiring Beneficial Ownership Information Reports
Beginning January 1, 2024, certain types of corporations, limited liability companies, and other similar entities created in or registered to do business in the United States must report information about their beneficial owners - the persons who ultimately own or control the company - to the United States Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).
Reporting beneficial ownership is a federal requirement and not administered by the Michigan Corporations Division. Questions regarding reporting requirements should be directed to FinCEN. Additional information about the reporting requirements, including answers to questions such as “is my company required to report beneficial ownership information to FinCEN,” “who is a beneficial owner,” and “when do I need to report my company’s beneficial ownership information" is available at FinCEN’s beneficial ownership information webpage, FinCEN.gov/BOI. You can also subscribe to FinCEN Updates for future guidance documents.
FinCEN’s BOI webpage provides:
Information regarding the CTA and FinCEN’s reporting requirements may be found at https://www.fincen.gov/boi. If you have additional questions, please contact FinCEN at:
Email: FRC@fincen.gov
Phone number: 1-800-767-2825
Website: https://www.fincen.gov/contact
The Corporations Division is not collecting beneficial ownership information and does not have access to the information reported to FinCEN. The Corporations Division’s staff cannot provide advice or legal counsel regarding FinCEN’s beneficial ownership reporting requirements.
