• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Dallas Immigration Lawyer VERDIN LAW • Immigration Attorney

Dallas Immigration Lawyer VERDIN LAW • Immigration Attorney

  • About
    • About VERDIN
    • FAQs
    • Isaul Verdin, Esq.
  • Practice Areas
    • Business Based Immigration
      • Non-Immigrant
      • Permanent Residency
      • E1 and E2 Visas
      • E2 Visa Tips
    • Family Based Immigration
      • Non-Permanent Residency
      • Permanent Residency
      • Deferred Action, Crime Victims, and Other Humanitarian Relief
      • Naturalization and Citizenship
    • Deportation Defense
  • Reviews
  • News
    • News and Info
    • VERDIN Videos
  • Contact

VERDIN Immigration Law - Opening a Business in the US

Being The Boss ( Ser El Jefe): An Immigrant’s Guide to Starting a Business

You are here: Home / Immigration Lawyer / Being The Boss ( Ser El Jefe): An Immigrant’s Guide to Starting a Business
August 6, 2015
VERDIN Immigration Law - Opening a Business in the US

Starting a Business in Texas

VERDIN E2 Business Investor Visa SolutionsYou may be surprised to learn that you can start a business in Texas without having legal status.  This is a great option for many immigrants, because it eliminates the legal problems involved with seeking employment from an already established business.

Before you start your business, the best thing you can do is consult with a reputable Certified Public Accountant (CPA).  CPAs are experts in business and tax issues, and they can help you make sure your business starts off on the right foot.

Opening an business is the first step in acquiring an E2 ‘investor’ visa. An E2 Visa will allow company owners, their families and key employees to live in the US – with the proper investment in a US business. E2 visas do have marginality requirements; but these are less than you might think.

More Information on E2 Visas ca be found here: https://www.verdinlaw.com/e1-e2-visas-trader-investor-visas.

Here are a few key steps involved in getting your business up and running:

Step 1: Obtain a federal Individual Taxpayer Identification Number (ITIN). 

An ITIN is an identification number issued by the IRS that allows you to pay taxes.  ITINs are issued regardless of immigration status.  The most common way of obtaining an ITIN is to file IRS Form W-7 along with your annual federal income tax return (Form 1040, 1040A, 1040EZ, whichever you use).  Click here to learn more about obtaining an ITIN.

Step 2: File your business formation documents.

To do business in Texas the right way, you should have a formal corporate structure for your business.  Doing this protects you personally under the law, and often allows for more business opportunities and tax advantages.  A limited liability company (LLC) is one good option for a small business structure.  To form a Texas LLC, you need to file a Form 205 with the Texas Secretary of State.  The filing fee is $300.  Click here to learn more about forming a Texas LLC.

Step 3:   Apply for a federal Employer Identification Number (EIN)

If you want to have employees, you need an EIN.  An EIN is a nine digit number assigned by the IRS which is used for tax filing and reporting purposes.  As an employer, you will be responsible for withholding income tax and payroll taxes (like Social Security and Medicare) from your employees’ paychecks.  Having an EIN will help you do this.  To obtain an EIN, you need to file Form SS-4 with the IRS.  If you have an ITIN number, you can use this as your identification number in box 7b of the SS-4.  Click here to see the instructions for the SS-4, and here to see the SS-4 itself.

Step 4: Create an account with the Texas Workforce Commission (TWC)

As an employer, you have to report a number of things to the TWC on a regular basis, including changes in your employees (hirings, firings, re-hirings, etc.) and your employees’ quarterly wages.  You must also pay unemployment insurance tax to the TWC.  Click here to see some frequently asked questions about the TWC.

Step 5: Create a business banking account

Many immigrants think they cannot open a bank account without a social security number, but that is not the case!  You can open a simple personal banking account with two forms of ID, such as a valid passport, identification card (ex: Mexican “matricula” card), a Mexican federal voter registration card, or even certain credit cards.  To form a business banking account, you just need two forms of ID and your State of Texas business formation documents.

Again, it is very important that in forming your business you have the assistance of a reliable CPA.  The CPA can help you out with the more complicated tax and reporting issues involved with your business.  However, with hard work and careful attention, any immigrant can open a lawful and successful business in Texas.


E2 Visa or Immigration Questions? Please Contact VERDIN

VERDIN Law, 900 Jackson St. Suite 535, Dallas, Texas 75202 Call 214-741-1700Isaul VERDIN has extensive experience advising multinational companies and entrepreneurs on complex US immigration matters involving investments.

Mr. VERDIN focuses on advising companies on structuring entities, acquisitions, and strategic expansion to satisfy US immigration E-1, E2, L1A, L1B, or EB-1 objectives in a variety of fields.

Investment visa business opportunities include real estate, aviation, technology, manufacturing, retail, luxury goods, and professional services. Additionally, he litigates deportation defense matters throughout the US.

VERDIN boasts a combined 70 years of experience in immigration law. Since its inception, VERDIN has gained a reputation for prevailing in even the most complicated immigration matters.

“As a Board Certified, Immigration Lawyer (Texas Board of Legal Specialization) with over 17 years of experience, my passion is immigration law. We will listen to your concerns, answer all your questions, and expertly guide you through your immigration process.” ~ Isaul VERDIN, Founder and Managing Attorney

VERDIN Law, AVVO Rating 10

VERDIN business hours are from 8-5PM Monday through Friday.

There are several ways to contact VERDIN. Please read the options below and reach out to us.

  • To schedule an appointment at any of our locations please call our main number listed below.
  • If this is your first time contacting VERDIN, please enter your information in side bar and someone will contact you shortly. If you contact us after business hours or over the weekend, we will contact you the next business day.
  • If you prefer to SkypeSkype, please provide us with your Skype caller identification.
  • If you are an existing client and wish to speak with a specific person at VERDIN, please click on “Our Team” in the navigation menu above and choose from one of our team members.

Dallas Office Address & Hours of Operation:
900 Jackson St. Suite 535
Dallas, Texas 75202
Monday – Friday: 8:00 a.m. – 5:00 p.m.
See Map

Main Number: (214) 741-1700
We look forward to talking with you!

 
Photo Copyright : szefei / 123RF Stock Photo 
Photo Copyright: peshkova / 123RF Stock Photo

Save

Category: Immigration Lawyer, Verdin Immigration Law, VERDIN NewsTag: Business Visas, Dallas E2 Visas, Dallas Immigration Lawyer, foreign entrepreneur, Texas Starting a Business, US Immigration Law, US Visas for Business, VERDIN Dallas Immigration Attorney
Previous Post: « VERDIN Immigration Law - Top 10 Things to Know About E Visas Top 10 Things to Know About E Visas
Next Post: Top 10 Things To Know About Dallas Immigration Court Earle-Cabell-Court-Building-Dallas-TX »

Sidebar

VERDIN LAW DALLAS

At VERDIN, our clients are always the highest priority. Built on a foundation of exceptional customer service, VERDIN is highly regarded for its responsiveness to clients.

We understand that our clients are entrusting their jobs, families, and futures to the firm, and we treat that trust with the utmost respect.

VERDIN Dallas Immigration Law
900 Jackson Street, Suite 535
Dallas, TX 75202

Main 214-741-1700

Contact Us


VERDIN
Dallas Immigration Law

At VERDIN, our clients are always the highest priority.

Built on a foundation of exceptional customer service, VERDIN is highly regarded for its responsiveness to clients. We understand that our clients are entrusting their jobs, families, and futures to the firm, and we treat that trust with the utmost respect.

VERDIN Immigration Law
900 Jackson Street, Ste 535
Dallas, Texas 75202

(214) 741-1700
(866) 578-9536

  • Facebook
  • Instagram
  • Twitter
  • LinkedIn
  • YouTube

Isaul Verdin, VERDIN Law

Isaul VERDIN - Texas Board Certified - Immigration Law
VERDIN Law - American Immigration Lawyer's Association

VERDIN is a full service immigration law firm providing comprehensive immigration solutions to international employers, investors, startups, individuals and families.

Every VERDIN client receives a customized plan designed to deliver the very best results.

Today, VERDIN capitalizes on its experience, industry relationships, and cutting edge technology to guide clients safely and efficiently through the intricate U.S. immigration system.

Recognized by the Best Lawyers in America© 2021 - Isaul Verdin, Dallas Immigration Lawyer
Contact VERDIN Law

(214) 741-1700
(866) 578-9536

Copyright © 2022 · Dallas Immigration Lawyer VERDIN LAW • Immigration Attorney · All Rights Reserved

VERDIN Law is a full service immigration law firm providing comprehensive immigration solutions in the Dallas Fort Worth area.

The information on the Verdin Law Firm website has been reviewed and approved by Isaul Verdin and is for general information purpose only.

Privacy Policy