On F1 visa, I doubt whether you can open a LLC. On Business visa you can open an LLC. You may need to find a person who can setup a company and work with him about the equity..(My personal view).
These are some very good and important questions,Sam. I am confident you'll get some helpful answers in the community.
I know you people have seen this title very often with same repeated forums. But thanks to these same repeated forums that gave me some food for thought.
I am from India and pursuing MBA in Pittsburgh so bottomline is I am on F1 Visa.
I wish to start a business and create an LLC but I am not sure whether is it necessary to do so.
The reason is I want to be an Export Merchant and export few things to India.
My firm standing is I am not stealing any American jobs but infact creating employment indirectly and brining in revenue to US economy.
So my queries are:
1) Is it necessary to setup up a LLC to be an export merchant?
2) I know things become little easy once you are a green card holder and I have read that one may apply for it while being under F1 status. So, how to initiate that process?
3) How export regulations are different from starting a new business?
Any help is greatly appreciated.