Mar 2, 2023
Many US businesses with significant non-US investors may be
required to file a BE-12 with the Bureau of Economic Analysis
(“BEA”) this year as part of a survey that the BEA conducts every
five years and most recently in 2018. The BE-12, also known as the
Benchmark Survey of Foreign Direct Investment in the United States,
is a collection of financial and operating data that must be filed
by certain US businesses—even if they have not been contacted by
the BEA.
Determining whether a US business must file a BE-12 and completing
the form can be a significant burden, particularly if the business
has limited compliance resources or is not subject to extensive
regulation that requires similar data gathering. Please join US
regulatory lawyers Matt Bisanz and Kerri Webb as they talk about
what the BE-12 means for US businesses and their non-US
investors.