Find answers to common questions about LLC formation, visa compliance, and business setup.
An LLC (Limited Liability Company) is a business structure that provides personal liability protection, tax flexibility, and professional credibility. It separates your personal and business assets, protecting your personal savings if your business faces legal issues.
Yes! Our process is specifically designed for non-US citizens. You can use your ITIN (Individual Taxpayer Identification Number) or passport number instead of an SSN.
Most businesses are fully formed within 2-3 weeks. Starter formation typically takes 1-2 weeks, while complete setup with EIN and banking guidance may take 3-4 weeks depending on your state.
Delaware, Wyoming, and Nevada have popular reputations for business-friendly laws. However, we recommend forming in your operating state for simplicity. We’ll help you choose the best state for your business.
Yes! H-1B visa holders can own and operate an LLC on the side. However, there are important compliance requirements. Our compliance tracking ensures you stay within visa limitations.
E-2 visa holders can own and actively operate a business. In fact, starting a business can be a path to an E-2 visa. We provide specific guidance for E-2 entrepreneurs.
F-1 OPT students can form an LLC and work for their own business under specific conditions. Your employment must be related to your degree field. We’ll help you navigate these requirements.
STEM OPT holders have extended work authorization and can own a business. Our compliance tracking is specifically designed for STEM OPT visa holders.
Forming an LLC itself doesn’t affect your visa. However, how you structure your business and report income matters. Our compliance team ensures your business operations align with visa requirements.
An EIN (Employer Identification Number) is a unique 9-digit tax ID assigned by the IRS. If your LLC has more than one member or you plan to hire employees, you need an EIN. We can get you one even without an SSN.
You can use your ITIN (Individual Taxpayer Identification Number) to apply for an EIN. If you don't have an ITIN, you can apply for one through the IRS. Our team guides you through the entire process.
EIN issuance is typically immediate if you apply by phone with an ITIN. Our team handles the phone application, and you usually get your EIN the same day.
As an LLC owner, you typically file a Schedule C with your personal tax return (single-member LLC) or Form 1120-S or 1120 (multi-member LLC). We provide guidance on which election is best for your situation.
Yes! With your EIN and LLC documentation, you can open a business bank account. Some banks are more immigrant-friendly than others. We provide specific recommendations.
Banks like Wells Fargo, Chase, and Bank of America accept EIN-based account openings. Some credit unions and community banks are even more flexible. We recommend specific banks based on your state.
Typically: your passport or visa, EIN letter, LLC formation documents, and proof of business address. We help you prepare all required documentation.
Most banks require a US mailing address. This can be your home, office, or even a virtual business address service. We can recommend affordable options.
Most LLCs must file an annual report or statement of information with their state, usually costing $0-100. Some states have no annual reporting requirements. Our dashboard tracks your specific requirements.
An Annual Report (or Statement of Information) confirms your LLC is still active and operating. Deadlines vary by state, typically between January-June. We send reminders and can help with filing.
The key is proper documentation and income reporting. Maintain clear records, file taxes on time, and stay within visa work restrictions. Our compliance tracking helps you stay on track.
Contact us immediately. Changing visa status may affect your business structure or compliance obligations. We’ll help you navigate the transition.
Our team is here to help. Get in touch with an immigration business specialist.