New Year, New Legal Guidelines for Running a Health-tech Business
Join Ohio Life Sciences, McDonald Hopkins, Team NEO, Wave Strategy, and the area's life sciences community as Jon Snyder, OLS Managing Director – Investor Relations and our sponsors host our first 2024 Networking & Education session in Cleveland (Northeast Ohio). The Corporate Transparency Act (CTA) is a new U.S. law that requires reporting companies to disclose company information and certain beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. For the first time, the U.S. now requires certain legal entities to report to the federal government identifying information about the individuals who directly or indirectly own or control a company within the scope of the CTA.
Read McDonald Hopkins' blog post on the topic and come with questions, as updates and the impact to life science companies will be discussed.