The New York LLC Transparency Act:  Its Scope and Reporting Requirements

Webinar Details

This CLE program provides a comprehensive overview of the New York LLC Transparency Act (the Act) that became effective on January 1, 2026, and currently applies to LLCs formed outside of the US and authorized to transact business in New York.  The program explains the intent of the Act, its interplay with the federal Corporate Transparency Act (the CTA) and how the narrowed scope of the beneficial ownership reporting requirements under the CTA impacts the Act.  It addresses key definitions including “LLC’s formed outside of the US”, “beneficial owner” and “applicant”, along with the Act’s exemptions. The program will cover who must report beneficial ownership information under the Act, what information must be reported, along with what needs to be filed if a reporting company is exempt.  Attendees will learn what remains ambiguous under the Act, the deadlines for reporting, and the consequences of non-compliance. The program will also address concerns regarding protecting personal identifiable information (PII) of beneficial owners and applicants.       

Learning Objectives:

• Learn the details of the New York LLC Transparency Act (“NYLTA”), including its current scope and exemptions, relationship to the federal Corporate Transparency Act, and compliance requirements.
• Gain a deeper understanding of the purpose of the NYLTA, as well as learn the definitions of key terms such as “beneficial owner” , “applicant” and “attestation of exemption”.
• Discover steps to take to avoid penalties for non-compliance.
• Avoid traps for the unwary, including data privacy risks. 

Meet the Host

Pia Angelikis, Esq.

Vice President of Government Relations and Legal Research

Pia Angelikis, Esq., is the Vice President of Government Relations and Legal Research at Cogency Global Inc. She has over 20 years of experience with premiere service companies in the UCC and corporate services industry, managing large teams of expert lawyers and paralegals conducting legal research for public filing requirements for multistate mergers, conversions and acquisitions, tracking and analyzing UCC Article 9 and business entity legislation in all 50 states and the District of Columbia, and providing thought leadership. Prior to her career in the UCC and corporate services industry, Ms. Angelikis litigated for 5 years in the areas of insurance defense and employment law. She wrote the winning brief resulting in the 9th Circuit published opinion, In re Complaint of Ross Island Sand & Gravel, 226 F.3d 1015 (9th Cir. 2000). Ms. Angelikis holds a JD from the University of California, Hastings College of the Law and is licensed to practice law in California.

Read Full Bio

Pia Angelikis, Esq.

Vice President of Government Relations and Legal Research

Pia Angelikis, Esq., is the Vice President of Government Relations and Legal Research at Cogency Global Inc. She has over 20 years of experience with premiere service companies in the UCC and corporate services industry, managing large teams of expert lawyers and paralegals conducting legal research for public filing requirements for multistate mergers, conversions and acquisitions, tracking and analyzing UCC Article 9 and business entity legislation in all 50 states and the District of Columbia, and providing thought leadership. Prior to her career in the UCC and corporate services industry, Ms. Angelikis litigated for 5 years in the areas of insurance defense and employment law. She wrote the winning brief resulting in the 9th Circuit published opinion, In re Complaint of Ross Island Sand & Gravel, 226 F.3d 1015 (9th Cir. 2000). Ms. Angelikis holds a JD from the University of California, Hastings College of the Law and is licensed to practice law in California.