Yesterday the Federal Government reinstated the obligation for most US companies regardless of form (Corporation, LLC, certain Trusts) to file a detailed report of ownership, control and rights to benefit. For those who have not yet filed in hopes that the obligation would be voided by courts or the new Administration, it seems that the new deadline is in effect and for most companies in existence at the start of this year the filing deadline is now March 21.

Some entities in specific categories had been given a later filing date; if you had such a later date you would in fact be aware of that, and note that the later filing date still does apply to you.

In the future, a re-visitation of requirements for certain smaller US companies, to lighten filing burdens, is promised, BUT it seems that will not happen before your March 21 deadline.

There is detailed guidance on my firm’s website under Alerts: http://www.duanemorris.com/alerts