Wednesday, 1 April 2015

How to settle a business in US through L1 Visa

For setting up in US as a business owner the  main requirement of a person is to have a valid visa. For it L1 is the supportive visa which is a temporary one. It is a valid and an appropriate visa for the most of the small scale business and MNC’s as it can directly get managers who has an experience to work easily in the order to fulfill the requirement of the business by contributing their skills to attain the goals and objectives. It is an intra company transfer visa meant for the business. It is of two types L1A (Intra company for the managers and executives) and L1B (Intra company transfer for the specialized knowledge people).

Here are a few details on How to settle a business in US through L1 Visa?   

• A proper planning and making research in respect to the business to make it successful.
• Estimate about the business formation that is, whether one is going to owe a sole proprietorship, a       company or a partnership firm, etc.
• Making the business registered with the name to make its legal identity taking the state government   name with it.
• Get a TIN no. (Tax Identification number) to have a business bank account.
• Look where the business in  US be located with a lease which is secured.
• Register to bear local and state taxes and get a business permit and license as well.
• Know more about the business requirement.

In order to get a valid L1 visa an applicant needs to be:

• A qualified person as an employee having the working experience in a branch office for a year in at   least three years.
• The main branch of the company must be located in the US.
• Get complete guidance from the immigration consultant and also get an experienced lawyer for the completion of the business legal formalities.

The L1 visa has a many advantages over the E1 visa. A L1 visa has got the time duration of 3 years and it can be extended to two more years. If any candidate completes all the requirements then they can have an L1 visa. A dedicated person who wants to start its own business overseas has got the benefit.
  
On completing the maximum allowable period, the L-1 holder must leave the United States for a minimum of one year and must work for foreign operation of the U.S. Company before becoming eligible to reapply for an L1 visa. If a candidate becomes a successful business person then they can also apply for the migration as a permanent residence.

The person who wants to migrate as a business holder must have the L1 visa for migration in the US. It is a business visa obtained for an inter company transfer, having the permanent residency status for 3 +2 year extension validity.

Planning for a business in the US? Get the complete knowledge for migration and visa as well as business needs by the Visa agents or the consultancy who have authorization for it.

No comments:

Post a Comment