# Reporting company ownership to FinCEN

### Companies formed on Atlas are not required to report Beneficial Ownership Information (BOI) to the US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN), per new [guidance](https://fincen.gov/news/news-releases/fincen-removes-beneficial-ownership-reporting-requirements-us-companies-and-us) issued on March 21 2025.
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### Do any Atlas companies have to report to FinCEN?
No. All Atlas companies are domestic U.S. companies and are not required to report information on their beneficial owners to FinCEN under the most recent guidance. This is true for all company types (new C-corp, subsidiary, and LLC) formed on Atlas and true for Atlas companies that have non-US founders.
Non-US parent companies of an Atlas subsidiary may be required to report.
Read more at [FinCEN's website.](https://fincen.gov/news/news-releases/fincen-removes-beneficial-ownership-reporting-requirements-us-companies-and-us)
### What if I already reported?
No further action is required. You do not need to report changes to your original report, nor take any action to retract it or follow up.
### What if I the guidance changes?
We'll update this support article and communicate with users if the guidance changes such that any Atlas company is required to report beneficial ownership information to FinCEN.
### Where can I learn more?
* [FinCEN’s website and reference materials](https://www.fincen.gov/boi/Reference-materials)
* [FinCEN explainer](https://www.cooley.com/landing/corporate-transparency-act-resources) from our partners at Cooley LLP
More resources will be added as they become available.
[Last updated March 26, 2025.]
**Note:** Stripe isn’t a law firm or an accounting firm and can’t provide legal, tax or accounting advice. Consult legal and tax professionals for advice on how to meet ongoing legal, tax, and accounting obligations for you and your company.