File Beneficial Owner Info for Corporate Transparency Act
Encrypted and GDPR-compliant portals for collecting Beneficial Owner information from your stakeholders – automated FinCEN filings included.
Overview
AngelList's Stakeholder Portals make it easy for companies and their law firms to securely collect Beneficial Owner information. Then AngelList handles the filings.
Learn more about the Corporate Transparency Act.
No cap table requiredStakeholder Portals work with or without AngelList Equity. Skip the cap table sales and onboarding process.
Go with the trusted providerAngelList is experienced in stakeholder information collection and federal filings.
Comply easilyCollect stakeholder info and file without the email back and forth
ReportingOnce we file with FinCEN, we’ll provide confirmation and reporting.
How it works
Add and invite stakeholders
Provide stakeholder contact and ownership information, and invite stakeholders to their portals
Beneficial Owners provide information
Portals provide a secure place for stakeholders to input, upload, and update required information for FinCEN filings.
AngelList files with FinCEN
AngelList will prepare your beneficial ownership information and file it for you.
Trusted Partner
Your stakeholders already trust AngelList.
AngelList is one of the largest private market networks in the world.
Bank-level encryption & GDPR compliant
Stakeholders can update their own information over time
Allow law firm management without exposing sensitive stakeholder data
Give your stakeholders their Portals today
AngelList Stakeholder Portals | Exchange info, stay compliant
FAQ
Everything you
need to know
In 2021, Congress enacted the Corporate Transparency Act. This law creates a beneficial ownership information reporting requirement as part of the U.S. government’s efforts to make it harder for bad actors to hide or benefit from their ill-gotten gains through shell companies or other opaque ownership structures.
Beginning on January 1, 2024, the Corporate Transparency Act states that many companies in the United States have to report information about their beneficial owners, i.e., the individuals who ultimately own or control the company. They will have to report the information to the Financial Crimes Enforcement Network (FinCEN). FinCEN is a bureau of the U.S. Department of the Treasury.
Generally CTA applies to:
1. A corporation, a limited liability company (LLC), or was otherwise created in the United States by filing a document with a secretary of state or any similar office under the law of a state or Indian tribe.
2. A foreign company and was registered to do business in any U.S. state or Indian tribe by such a filing.
Check out this FinCEN Guide for a list of who does not have to file.
Check out out blog post here for more details.
The Corporate Transparency Act is dynamic.
For any additional questions, please reach out to startups@angellist.com