Which reporting companies are required to report company applicants?

Not all reporting companies have to report their company applicants to FinCEN. A reporting company must report its company applicants only if it is either a: Domestic reporting company created in the United States on or after January 1, 2024 ; or Foreign reporting company first registered to do business in the United States on or after January 1, 2024 . A reporting company does not have to report its company applicants if it is either a: Domestic reporting company created in the United States before January 1, 2024; or Foreign reporting company first registered to do business in the United States before January 1, 2024. Below is summary of the company applicant reporting requirement. Chapter 3.1, “Is my company required to report its company applicants?” of FinCEN’s Small Entity Compliance Guide includes additional information.