New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
Can people with H1B’s form their own LLC or do they have to partner with Green Card holders / American citizens for the same?
Dear Kunal,
This question is more legal in nature and related to immigration law. Generally speaking, you can do anything you like as long as you don’t violate the terms of your visa. An immigration law specialist would be in a better position to discuss the terms of your H1B visa with you and explain what would violate them and what wouldn’t.
As far as I know you are not restricted from owning shares or member interest in US companies, however your involvement in managing the company or working for it would probably be restricted. You should confirm the details with an attorney, however if that is correct then you should have a partner or a manager who is eligible to work for the company and run it on your behalf.
(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.
