The New Orleans-based 5th U.S. Circuit Court of Appeals stayed (temporarily lifted) an order blocking the nationwide enforcement of the Corporate Transparency Act (CTA) and its requirements for certain companies to submit Beneficial Ownership Information Reports (BOIR).

As a result of this decision, reporting companies that have not already made such filings are required to submit information on their beneficial owners, and for newly created entities, their company applicants.

Given the impending deadlines and potential penalties for non-compliance, we suggest that clients consult with legal counsel as needed to confirm reporting obligations and take steps to submit required filings by the reporting deadlines. To assist in that effort, attached at the link below is a PDF reporting form that can be prepared offline at your own pace and saved as you go, then submitted directly to FinCEN’s BOI E-Filing website (https://boiefiling.fincen.gov). Reports can also be completed online and do not require Adobe Reader.