BENEFICIAL OWNERSHIP CERTIFICATION FORM 2026

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  1. Click ‘Get Form’ to open the BENEFICIAL OWNERSHIP CERTIFICATION FORM in the editor.
  2. Begin by entering your name and title in the designated fields for the natural person opening the account. This information is crucial for identification.
  3. Next, provide the name, type, and address of the legal entity for which the account is being opened. Ensure accuracy as this will be used for verification.
  4. For each individual owning 25% or more of the equity interests, fill in their ownership percentage, date of birth, and residential or business address. If no individuals meet this criterion, write 'Not Applicable.'
  5. Identify one individual with significant management responsibility by entering their name/title, date of birth, and address. This could be an executive officer or a senior manager.
  6. Finally, certify that all provided information is complete and correct by signing in the designated area and including the date.

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The CTA establishes a beneficial ownership reporting requirement for corporations, limited liability companies, and other similar entities formed or registered to do business in the United States.
Every LLC will have at least one beneficial owner.
The following types of companies are required to file beneficial ownership to CIPC: Private Companies (PTY) Close Corporations (CC) Non-Profit Companies (NPC)
All domestic entities created in the United States, and their beneficial owners, are exempt from the requirement to file initial BOI reports, or to update or correct previously filed BOI reports.
Key Takeaways. A beneficial owner is a person who enjoys the benefits of ownership of an asset whose title is in another name. Beneficial ownership is distinguished from legal ownership, though in most cases, the legal and beneficial owners are one and the same.

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Where may I obtain a copy of the form? A copy (pdf) may be downloaded from the FinCEN website at .fincen.gov under the Filing Information tab. The form may be completed on a computer using the free docHub Reader software.
Certain types of corporations, limited liability companies, and other similar entities created in or registered to do business in the United States must report information about their beneficial ownersthe persons who ultimately own or control the companyto FinCEN as of Jan. 1, 2024.

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