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Registering a company while on student visa

Asked by: Tamara - 20 April, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 I have been in the USA for 6 years, I am in F1 visa. I will like to register a small business in Florida. Can I do this under a student visa?
or should I do this as a foreigner? ( I have SSN)
Answered by: Lloyd Johnson - 20 April, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/36.jpg-879792e1197755ef7c796380de659758 Dear Tamara,

Because you are not a citizen, nor a permanent resident, you are still restricted from opening an S-Corporation. However, you are free to form an LLC or start a C-Corporation. Your immigration status does not come into play at all when you start one of those companies. I would recommend that you look into forming an LLC in Florida.

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