FinCEN permanently ends beneficial ownership reporting for U.S. companies, deletes existing records effective August 14, 2026; foreign entities still required to report foreign individuals under Corporate Transparency Act rollback.

FinCEN Permanently Ends Beneficial Ownership Reporting Requirements for Millions of Small Business Owners

August 11, 2026 Will Delete Information Previously Reported by U.S. PersonsWASHINGTON––Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is issuing a final rule that permanently removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate Transparency Act. The final rule became effective on August 14, 2026. FinCEN today also announced that it will delete previously reported informatio...