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Old 09-02-2005, 02:41 AM
Thomas Healy
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Default Re: Forming a company while in adjustment status

"nathozer[at]yahoo.com" <nathozer[at]yahoo.com> wrote:

- quote -

> I am currently in my adjustment status (waiting for approval
> of I-485 to come through).
> I was needing to know if I can
> - Form an Incorporated Company (sub-chapter S)
> or
> - Form an LLC
> I need to make sure that I do not violate any immigration,
> corporate or tax laws


For an S corporation, you must be a resident alien or
citizen; nothing less. You can form an LLC or taxable
corporation now. The LLC would probably be better if you
intend to incorporate as an S corporation later when you are
eligible. Remember, though, that should you lose your RA
status, the corporation will become a C corporation on that
day if you still own stock in it.

--
Tom Healy, CPA
Boulder, CO
Web: http://www.tomhealycpa.com

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >
  #-1  
Old 08-07-2005, 04:35 AM
nathozer@yahoo.com
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Default Re: Forming a company while in adjustment status

I am currently in my adjustment status (waiting for approval
of I-485 to come through).

I was needing to know if I can

- Form an Incorporated Company (sub-chapter S)

or

- Form an LLC

I need to make sure that I do not violate any immigration,
corporate or tax laws

TIA

natalie

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >
 

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adjustment, company, forming, status
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