Get Compliant
with the Corporate Transparency Act (CTA) Today

Starting as low as $125

Wyoming Corporate Services, your trusted partner, has over 20 years of experience in corporate compliance, registrations, and filings, and is offering a low-cost solution for all corporate entities.

Call us today to talk to a Compliance Consultant:

Why You Should Care about
the Corporate Transparency Act (CTA)

New legislation takes effect January 1, 2024, and applies to an estimated 33 million entities, including corporations, partnerships, and LLC’s throughout the US. The Corporate Transparency Act will be strictly enforced and both criminal and civil penalties can be imposed on those out of compliance. Some entities must act before March 31, 2024 and all others must act by December 31, 2024.

We are offering our clients a complete low-cost compliance solution.

Please complete the form below and we will be in touch shortly.

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WCS is here to help with your CTA needs

Quick CTA
Compliance

We've got you covered with our Corporate Transparency Act (CTA) Quick Compliance service, offered at a special discount to WCS customers like you.

Wyoming Corporate Services prepares an initial Beneficial Ownership Information (BOI) report for one entity and files it with FinCEN, as required by the Corporation Transparency Act.

  • A compliance team member will collect and review the necessary information needed for filing from you
  • Initial FinCEN registration, including Beneficial Ownership Information (BOI)
Early Bird Package Pricing: $125

Quick CTA Compliance
+ Stay in Compliance


Our team of compliance experts will get you compliant and give you peace of mind throughout the year with our comprehensive Stay in Compliance package that includes:

  • Stay in Compliance subscription for 1 year, including reminders to identify any changes to BOI/CTA reporting and stay in compliance
  • BOI/CTA and IRS address updates done as needed
  • State annual report filing reminders to keep you in good standing with your state
  • Corporate officer updates with the filing state done as needed (state fees not included)
Early Bird Package Pricing: $225

Why trust WCS for your Compliance needs?

Unlike firms that recently formed to roll out CTA related products and services, Wyoming Corporate Services has 20 years of experience as a registered agent and corporate formation specialist. Given our tenure in the industry—along with our live customer service support—we are well positioned to meet your current and future CTA needs.

Speak with a Compliance Consultant

FAQs on the Corporate Transparency Act (CTA)

What is the Corporate Transparency Act?

The Corporate Transparency Act is a new law that goes into effect January 1st, 2024, requiring almost all entities in the US to file Beneficial Ownership Information (BOI) on individuals who own substantial portions of, or otherwise control the entity, to the Department of Treasury’s Financial Crimes Enforcement Network (“FinCen”). This new law was enacted to enable FinCen to better track bad actors, including money launderers, illegal drug dealers, and those funneling monies to terrorists organizations

When do I need to file my entity’s BOI?

Entities formed after January 1st, 2024, will need to file BOI reports within 90 days following formation. Entities that have been formed before January 1, 2024, including aged shelf companies, will need to file the initial reports by December 31st, 2024. Filing is required under this new law and the penalties for non-compliance can be severe (see more later on this page).

Who will be able to access the FinCen BOI database?

This information will be available to federal law enforcement agencies (including the Treasury and the IRS), and state and local law enforcement agencies with prior court approval. Foreign agencies may also ask for access to the information, either under an international treaty or as part of certain investigative procedures. Finally, financial institutions and their regulators may obtain access for purposes of satisfying their Know Your Customer requirements. These filings will not be made available to the general public.

Does this information have to be filed annually?

No, but if an entity has a change of address, any owner’s address changes, ownership of the entity changes, or the entity’s exempt status changes, these changes must be reported to FinCen within 30 days of any change.

Do I Still Need WSC's Privacy Packages

Yes. Even though the BOI is private, the State information is not. We recommend that customers use the privacy packages to keep owner names off the State public record.

Why choose Wyoming Corporate Services?:

Wyoming Corporate Services has operated for 20+ years offering services as a registered agent and corporate formation specialist. Given our tenure in the corporate formation industry and live customer service support, we are well positioned to meet your current and future CTA needs as a trusted service provider.

Unlike many firms which were recently formed and attempting to roll out CTA related products and services, WCS has decades of experience in corporate formations and registered agent services, and a full customer service team.
Can I get an extension on this deadline?

Wyoming Corporate Services maintains a select inventory of aged entities that were formed before January 1, 2024. If you are looking to form a new entity and would like to obtain additional time to file the BOI information with FinCen, purchasing one of these entities will allow you to extend your reporting deadline to December 31, 2024.

What is the punishment for not filing?

The law sets forth multiple penalties for non-compliance, providing for both criminal and civil penalties. Any individual who provides false information, or fails to report complete or updated information, is subject to a civil penalty of not more than $500 for each day that the violation continues, and may face fines of not more than $10,000, imprisonment for not more than two years, or both. Separate from the CTA, individuals could face criminal liability under the federal criminal code, which prohibits knowingly and willfully providing false information or concealing a material fact to any of the three branches of the federal government.

How will aged entities be affected?

Entities formed before January 1, 2024, will have until December 31, 2024 to report to the BOI database. If WCS customers would like to obtain additional time before filing with the BOI database, we highly recommend purchasing one of our aged entities formed before January 1st, 2024.

Can Wyoming Corporate Services file BOI information for customers?

Yes, we will be providing a service for the initial filing and a recurring service to maintain the information in the FinCen BOI database. If you would like us to contact you with additional information regarding this service when it becomes available, please fill out the below form.

Complete this form and we'll be in touch to help you get and stay compliant with the Corporate Transparency Act (CTA).

We are your trusted source for corporate registrations, compliance services, and aged shelf companies.

Thank you! Your form has been successfully submitted.

Wyoming Corporate Services Inc.

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