Corporate Transparency Act 2024 Registration Fee. The corporate transparency act enacted in 2021 is set to become effective on january 1, 2024. This bill requires businesses to file a beneficial ownership report with a federal agency,.

Many small businesses will need to report information about their ‘beneficial owners’ to the federal government starting in 2024. Businesses formed after january 1, 2024, are required to file their first report within 90 days of creation or registration.