New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
Hi! I am currently in India moving to USA on H4. I want to start a retail garment showroom in IL. What are the formalities required for the same?
Jenny,
From wikipedia this is what I read about H-4 visas:
H-4 visa holders are not eligible to get a Social Security Number and cannot be employed, but they can hold a driver’s license, open bank accounts, and get an Individual Taxpayer Identification Number for US tax purposes.
So although you could form a company in the US and be listed as the owner, legally you would not be able to be employed by your business.
I would recommend you to consult an immigration attorney to see what options you have to obtain employment authorization maybe through your business.
(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.
