Corporate Transparency Act: What cosmetics and personal care product manufacturers need to know
The Corporate Transparency Act (CTA) requires US companies, including many in the cosmetics and personal care industries, to report their beneficial owners to FinCEN by 2025. With significant penalties for non-compliance smaller businesses may face challenges in meeting the law's requirements.
![The latest product launches in the region from Kanebo, Laneige, and Decorté that are redefining the lip care category. [Kanebo]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser/publications/cosmetics/cosmeticsdesign-asia.com/headlines/brand-innovation/kanebo-laneige-decorte-redefine-lip-care-with-new-innovative-launches/17793829-1-eng-GB/Kanebo-Laneige-Decorte-redefine-lip-care-with-new-innovative-launches.jpg)
