Can an H-1 Visa holder own an LLC?  If so, are there any restrictions?
308204
sorry, i couldn't find anything on google about it.\nhttp://scotthortonshow.com/\nmoney, http://www.philipdru.com/griffin_stream.html\nbush & clinton http://www.philipdru.com/triplett_stream.html\nisrael http://antiwar.com/justin/?articleid=8730\nhttp://www.philipdru.com/webb_stream.html\niran http://www.weekendinterviewshow.com/InterviewDisplay.aspx?i=131
1101133
Or as a corporation. Partnerships and sole proprietorships are the only business organizations that subject owners to personal liability. However, if you organize as a corporation or as a limited liability company, the company and the individual are treated as separate entities. It's cheaper and less confusing to do an LLC.\nNOTE: Be advised, however, that there is  a legal phenomenon called "piercing the veil" which means that is someone is using a company (LLC or corporation) to perpetuate a fraud, even though the personal assets of the owner typically would not be able to be taken because of the business form, a court can touch those assets if found guilty of using the business organization to do "bad stuff".
889176
An H-4 visa may be granted to a spouse and any unmarried children under 21 years of age of an H1B visa holder.\n\nWork: A person with an H4 visa may not work unless the person qualifies for an H-1B visa and is approved for a "Change of Status" by the INS. \nEducation: A person with an H4 may seek a post secondary education by converting their status to an "F1" (full-time student) visa. Full-time means a minimum of twelve (12) credits per semester in an institution recognized by the INS. Conversion to a different visa is not necessary is to attend a community colleges. A community college, however, offer diplomas rather than degrees which may make it more difficult to qualify for your own H1-B visa. \nH4 holders are able to acquire a Driver's license, open a Bank account, enter into contracts or even go to college. Children on H4 visas do not need a separate visa to attend school.\n\nAnother option for those interested in continuing their education, is to attend community colleges.  It does not require a change in your visa status. \n\nYou may also convert an H4 visa to an H1 visa, if you can provide proof, that you are qualified for the position and qualify under the H1B guidelines with prior work experience.
1004268
Legally?\n\n            1. Do you have family members who are citizens, or legal residents?\n\n            2. Do you have skills for which there is a  shortage in the U.S.?\n\n            3. Do you have a lot of money to invest?\n\n                   No? No? No?\n\n             Try the Dept. of Homeland Security visa lottery.\n\n                 Wish you well.
609549
I am not sure if you mean Brokers or Agents as well?? I am an agent and I am incorporated as are many in my office.  I did it for tax reasons. Many actually form LLCs thought I don't agree that it is a better option. :)
725529
Your lawyers office.  An LLC is not something that is registered with the government.  You don't file articles of incorporation or anything.  What you do is draw up some paperwork with your lawyer (make sure he is a specialist in LLC).  Then you follow certain procedures for how you store assets, pay bills (especially money to yourself) etc.  You also file a few things with the IRS depending on how you are taking your income.\n\nAn LLC is a vehicle to protect people's assets in a joint business venture.  You need to do more than just fill out some paperwork.  You need to consult with a specialist to make sure everything was done right.  You do this for two reasons.  The first is to avoid disastrous problems with the IRS.  The other is to make sure your LLC holds up, in the event, God forbid, you are sued.
885836
Due to the complexity and extra cost of opening a corporation, I would suggest an LLC.  With a one member llc it is treated much like a sole proprietorship.  Gains will be taxed at your personal rate.  But if you live in this home for 2 out of 5 years, then you are entitled to a 250k exemption from the sale of the home.  If you plan on buying and selling many houses then maybe an Inc would be better.  Consult a lawyer and/or CPA.  It all depends on the facts and circumstances and how big you plan on becoming with your investment activities.  Inc are easier to get financing... LLC is cheaper and you can open quite easily by yourself.
376405
If you choose to stay a sole proprietorship, any and all liabilities go straight through to you personally.  Your home and all your assets can be seized if a judgment is obtained against you.  The same for being a general partner in a partnership.  A corporation is clumsy for a home-based business, is expensive to set up, and "piercing the corporate veil" is easy if anyone decides to sue you, UNLESS you've been super-meticulous about keeping records, holding shareholder meetings, director meetings and so forth and keeping written minutes (records) of those meetings.  It's easy with a personally owned corp., for someone suing you to argue that it's just a sham corp., the owner's alter-ego.  The corporate veil has thereby been pierced; you're worse off than if you'd never filed an Articles Of Incorporation.\n\nAn LLC is the way to go: unlike Corp., your income is not subject to double taxation.  But LEARN about these at Borders Books or Barnes & Noble first, before filing an L.L.C. "Articles Of Organization" with your state.  In my state, it costs $ 125. to do that, plus filing what's called a "Docketing Statement."  Learn from spending a few evenings in these bookstores (and perhaps investing in a couple of the better books, found in the Business And Money Management area of the store) what you need to know and how the finances of an L.L.C. will need to be looked-after.  You will probably be REQUIRED by your state, to have the words "Limited Liability Corporation" or "L.L.C." in your business's legal name.  That will necessitate a new business license, or at least a change of name on your existing license.  Do it right, and an L.L.C. will keep you safe in the event of a claim.  This (structure as an L.L.C.) is no substitute for general liability insurance; carry that as well.  ecommrc at yahoo dot com Jack Nelson Harrisburg, PA
389004
The difference between an LLC and Inc (Corporation) are actually legal differences and you won't really know if you made a right decision unless you get sued :-) \n\nI would talk with a CPA about Incorporating or forming an LLC. They would be able to explain not only the states definition but also if you need to file an Entity Election and possible a Sub-S Election with the IRS. Don't forget that even when you form an LLC or Corporation with the state you may still be taxed as a Sole Proprietor by the IRS unless you file to correct elections, meaning you are liable for taxes as the person, not as a corporation. With more than one owner... trust me that could get a little hairy.
252986
If you want an H1 sponsor, you need to get a job.  Any company can sponsor you, but in order to get the visa you need to have at the very least a binding offer of employment along with some other qualifications (education, type of employment, etc.).
595933
There will be a lot of paperwork needed, so I suggest the first thing to do is to hire an agent to help you set up a business in the US. From business registrations to licensing to getting permits to work in the US, it is best to have someone who knows how to do it. There are some business lawyers who specializes in helping foreign companies set up shop in the US.\n\nIf you will also have personnel from India coming in to the US to run the business, I suggest getting an immigration lawyer to help you with getting the proper investors visa or work permits.
797834
you will probably qualify as a partnership, not a Corp (Ther are certain guidelines to both).  You should talk to the small business association to get that information tho.  You are right though, it is mostly about taxes.  If you are a corporation, you are what they call, double taxed, but you are only liable as far as the business itself.  As a partnership, you are liable for everything you own.  Meaning that if someone sues you, they can take everything as a partnership, but the upside is that taxes are lower.
732965
You just need an employer in the USA willing to sponsor you for an H1-B visa. This employer needs to give you a job and justify that they cannot find people with your kind of experience and that this employment is temporary. This employer may even pay for your legal fees or ask you to pay. Anyway, that is it. This is done all the time. No need of an American citizen's help.
624365
I looked at the website looks legal to me \nI dont think candaian business use SSN like US ones \nyes you would have to fill out a 1040 or is it 1099 the selfemplyoed form to report to the IRS \nworth looking into
511915
Only if you break the tax rules.  There are rules that must be followed.  Not only must you elect not to be taxed as a corporation but you must act as an LLC.  For example, you generally cannot change ownership arrangements.  Your firm must be required to dissolve on a fixed date.  There can be other issues too in some oddball circumstances.\n\nS-corporations can have an advantage over llc in that employment taxes can be different between the two.
657189
You may be eligible for an E-2 investor visa. \n\nThese can be granted to the owner or developer of a new enterprise from a treaty country who has 50% or more ownership in a substantial US employment creating investment. \n\nAs a general rule substantial means $200,000 or more. Although smaller investments are often approved the risk of denial increases as one heads south of $200,000.
701962
Just claim the income on your taxes for now and keep track of your expenses because you can deduct those (if you do itemized).  I wouldn't start a corporation.  Once you have one of those, you are on the IRS radar screen.  You will probably have to set up a business checking account to track stuff for your corporation, and that won't be free.  You aren't generating enough revenue right now to justify all the paperwork you'd have to keep track of with an LLC.