L1 Visa – Relationship Between Companies
Relationship between foreign and US companies
Either the foreign company or the US company owns more than 50% of the other company, or
Either the foreign company or the United States company is a 50% partner of the other company, which is a joint venture. This means, that the parent company needs to have equal control and veto power over the subsidiary company, or
Lastly, one out of the two companies owns less than 50% of the other company but has control over the company and is able to make managerial decisions over the company.
This means that the branch office is technically the same company as the parent company in the foreign country, but it is now operating in the United States as well as in the foreign country.
Under this circumstance, the branch office in the United States and it must be registered as a foreign corporation operating in the United States.
2 Companies that are both owned and controlled by the same person or by the same company, or
2 Companies that are owned and controlled by the same group of individuals. However, each individual needs to control generally the same proportion of each company.
Length of qualifying relationship
The relationship between the foreign company and the United States company must be existent throughout the L1 applicant’s stay in the United States, meaning that the foreign company and the United States company both, must be actively open while the beneficiary is a recipient of an L1 visa.
Getting an approved L1 Visa petition is time consuming, highly technical and complex. If you have any questions about the process or your particular circumstances and need help finding out how you can immigrate to the United States, feel free to get in touch with us via phone +1 (954) 210-6054 or e-mail us at: [email protected] and we will do everything in our power to help you and your family move as quickly as possible and make the United States of America your home.