Hi, I am planning to open up a restaurant with my friend(GC holder) but I am on F1 CPT. Can I open a LLC on this visa? I did MBA from a school in US and now doing second masters from another school. I have a full time job as a business analyst. So will opening a LLC affect my status?
Actually starting an LLC is as simple as filing an LLC-1 form with the secretary of state. There is no immigration status inquiry.
I have no idea about if starting a business will have an impact on your visa. I don't even know what that visa is so I am reclassifying this question as an immigration question. Hopefully some immigration lawyers can provide those answers.
Kevin A. Spainhour, Esq.
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It would depend on your role in the LLC.
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The opening (registration with Secretary of State) will not affect your F1 status. If, however you will be employed by this company you may be in violations of your status.
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