In the News

9/2025

What is the Current Status of the NY LLC Transparency Act

  • picture of Jennie Cherry
    Jennie Cherry

The New York Limited Liability Company Transparency Act, as amended, became law in January 2024 and is scheduled to take effect on January 1, 2026 (the “NY LLCTA”). However, because the NY LLCTA references the federal Corporate Transparency Act (“CTA”), it is not clear whether the 2025 changes that FinCEN made to the final CTA Regulations (the “CTA Regs”) also change the NY LLCTA’s definition of Reporting Company.  Download

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