12/13/2023
Beneficial Ownership Information Report goes into effect Jan 1, 2024 for LLCs and Corporations, check out the FAQs to see if you’re 1 of the 23 types of companies that are exempt from filing the report. 1/1/24 is not the deadline there are 2: if your business is set up by or before Dec 31, 2023 the deadline is 1/1/25. If you set up your business on or after Jan 1, 25 the deadline is 90 days after you receive the notice from the Sec of State. Check your state filing agency for AZ the filing agency is Arizona Corp Commission. Get on top of this there are fines up to $500 a day your in violation also possibly up to 2 years in jail with an additional $10,000 fine.