Only foreign companies have to file. The rule does not apply to any US companies or any US persons.
You can read full press release from the US Treasury here:
https://www.fincen.gov/news/news-releases/fincen-removes-beneficial-ownership-reporting-requirements-us-companies-and-us
This information is only accurate as of 3/24/25. You must contact SCR for updates and changes to this information after 3/24/25 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)
This information is not legal advice. This information is intended only to provide general information and may not be relied upon as specific legal guidance. Legal counsel should always be consulted before acting in reliance on this information.