The Corporate Transparency Act requires that all newly formed companies disclose their Beneficial Owners to FinCEN.
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Limited Liability Company (LLC)
These days, more LLCs are formed than any other legal entity. For LLCs, flexibility is the name of the game. If you want something done, an LLC can likely do it.
LLCs are best for:
Single-Owner Businesses
Flexibility in Business Structures
Tax Options
Complex Management Structures