On February 17, 2025, the U.S. District Court for the Eastern District of Texas ruled that the beneficial ownership information (BOI) filing requirements under the Corporate Transparency Act (CTA) came into effect again. Previously, these requirements had been suspended and reinstated several times. Subsequently, the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury extended the filing deadline by 30 days, and most reporting companies are required to complete the filing by March 21. Enterprises need to review their filing obligations, pay attention to FinCEN announcements, submit reports through its e-filing system, and closely monitor legal developments. As the appellate process is still ongoing, future court decisions may affect compliance obligations.
