Why This Guide Works

If you're a small business that's perplexed about the Corporate Transparency Act, you're not alone. The Corporate Transparency Act (or “CTA”) is an anti-money laundering law that was enacted in 2021 that requires corporations and LLCs to report information about their beneficial owners and company applicants. But what's a beneficial owner? And what's a company applicant? You'll learn the answer to these questions and more with this guide!


This guide was drafted by our team of legal professionals, which has successfully filed numerous Beneficial Ownership Information reports for our clients in various different industries. In other words, even though this is a new requirement, we've already been around the block quite a few times. In this guide, we pass that knowledge on to you.


This guide not only includes the basic step-by-step instructions, it also includes "legalese translation" (AKA, we tell you what certain legal phrases mean in plain English), tricks for navigating the FinCEN reporting system, and tips for troubleshooting.

What People Are Saying

"As a busy small business owner, my time is valuable and I don't want to spend time figuring out important legal forms on my own...I plan on using [Better] again in the future." - Kirstin Filizetti PhD, Business Owner, Filizetti Psychological Services.


"I started getting scary Instagram ads about the Corporate Transparency Act and how my business would be subject to hundreds of thousands of dollars in fines if I didn’t immediately file complicated Beneficial Ownership Information paperwork. I have incredible peace of mind knowing that the folks at Better always have my back on things like this." - Jay Buys, Small Business Owner, Visceral


"I had only recently read about the Corporate Transparency Act and the upcoming Beneficial Ownership Information reporting requirement, and was pleasantly surprised when I found that [Better] already set up a easy-to-use form online. Would highly recommend their service to anyone." - Will Chen, Small Business Owner, P.L.A.Y.


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