Perfect Form offers a proprietary software platform that simplifies compliance with the Corporate Transparency Act by guiding users through the reporting process and managing ongoing obligations for multiple entities. The platform addresses the complexity and time-consuming nature of compliance requirements, enabling business owners to efficiently file Beneficial Ownership Information reports with FinCEN.
Funding
Funding not disclosed
Founders
Product
Problem
The Corporate Transparency Act (CTA) mandates that businesses file Beneficial Ownership Information (BOI) reports with FinCEN, creating a complex and time-consuming compliance burden for business owners. Many businesses lack the expertise to navigate the CTA's requirements, increasing the risk of non-compliance penalties.
Solution
Perfect Form offers a software platform designed to simplify and streamline compliance with the Corporate Transparency Act. The platform guides users through the BOI reporting process, manages ongoing compliance obligations, and provides a centralized portal for managing multiple entities. By automating data collection, report generation, and filing, Perfect Form reduces the time and effort required for CTA compliance, ensuring businesses meet their regulatory obligations efficiently. The platform also offers additional corporate services, such as entity formation and registered agent services, providing a comprehensive solution for businesses' corporate needs.
Target Audience
The primary target audience includes business owners with 1-10 reporting companies, business owners with more than 10 reporting companies, and professional advisory firms needing to comply with the Corporate Transparency Act on behalf of their clients.
Features
- Guided BOI intake form to collect necessary information for reporting.
- Automated report generation and filing with FinCEN.
- Client portal for tracking filing status and managing reporting companies.
- Reminders for updating information and filing updated BOI reports.
- Tiered pricing based on the number of reporting companies.
- Nationwide entity formation service for various entity types (LLCs, Corporations, LPs, etc.).
- Registered agent service with document access via the client portal.
- Data protection with advanced encryption technology and SOC 1 & 2 and ISO/IEC 27001 certifications.