Most Common Exemptions
Large Operating Companies
Businesses with more than 20 full-time employees, over $5 million in annual revenue, and a physical office in the U.S
Government Entities
Federal, state, and local government bodies are exempt.
Publicly Traded Companies
Companies listed on U.S. stock exchanges that are subject to SEC reporting requirements
Regulated Entities
Financial institutions and other entities already subject to substantial federal or state regulation, such as banks and credit unions
Inactive Entities
Companies that haven’t engaged in business or held assets in the past 12 months and meet certain conditions for inactivity