New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
Foreign citizen want to incorporate, without work visa i can work in my corporation from my home in my country? I only have b1 b2 visa.
Dear Alejandro,
Although you may not be able to work for your American company without a proper visa (we are not sure if it is possible to work for your American company while located abroad), you will be able to receive profits as a direct distribution in an LLC or as dividends if you start a corporation. We caution you, however, that without a permanent resident alien card (the “greencard”) you cannot start a subchapter S corporation, but only a C corporation in the US. You can read our article on the differences between the S-corporation and the C-corporation to understand the differences.
(a) You made a typo in the card number, CCV code, expiration date, name or address;
(b) Your card balance is too low;
(c) Issuing bank has declined this transaction for some other reason related to your account.
