QUESTION

How can I start an llc while on F1 Student visa ?

Asked on Oct 12th, 2016 on Immigration - Texas
More details to this question:
I'm an Indian citizen and currently on F1 visa OPT and working in a company in my field. However, me and 3 other friends (US Citizens) wish to start a company (LLC) while being employed at our current jobs. 1. Is this even possible for me to do ? 2. If yes then are there any limitations ? 3. If my company files for my H1-B will I be able to do it then ? 4. Any special permissions or documentation needed to get this done ? Thanks in advance.
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1 ANSWER

Immigration and Nationality Law Attorney serving New York, NY
3 Awards
There is nothing that precludes an F-1 student on OPT from establishing an LLC while being employed at the current OPT job. However, you are not authorized to work at the LLC unless the work that you are doing is in your field of study. To be safe, you should apprise the DSO of your new work with the LLC if it is connected with your field of study. Whether the company can file for an H-1B next year may hinge on whether it is able to show documentation that it is promising and is growing. Proof of funding from angel investors or venture capitalists, etc. would be one indication along with contracts for work and other proof of company existence such as a strong website, lease of office space, hiring of personnel, etc.Due to the limitations of the Lawyers.com Forums, Alan Lee, Esq.'s (the "Firm") participation in responding to questions posted herein does not constitute legal advice, nor legal representation of the person or entity posting a question. No Attorney/Client relationship is or shall be construed to be created hereby. The information provided herein by the Firm is general, and requires that the poster obtain specific legal advice from an attorney. The poster shall not rely upon the information provided herein as legal advice nor as the basis for making any decisions of legal consequence.  
Answered on Nov 07th, 2016 at 5:40 PM

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