L1 Visa Business Plan
How to Start a Business on L1 Visa?
If you’re a non-US citizen and considering entering the business world in the United States, you need an L1 business plan to move there and commence the operations. You can move your key personnel including people with focused knowledge, managers, leaders, and CEOs with your business plan for an L1 visa.
Starting a business or a new venture in the USA requires a business plan. You are also required to appeal for a US L1 visa. You need a professional L1 business plan writing service such as OGS Capital to ensure that your y petition meets the visa approval requirements. The business plan for the L1 visa first-time application must provide information succinctly about your venture.
The business plan for L1 visa USA must entail a staffing plan for your new company, number of workers, and finances such as profitability and cost of your venture involves. Obtaining an office lease, filing for your company’s registration, and developing organizational charts are also some critical decisions.
Before you file the one-year petition for your new venture, your business plan for L1 visa USA must highlight the need for employee staff. It justifies the presence of your L1A director or executive in the United States on the L1 visa.
Who Qualifies for L1 Visa Category?
According to USA immigration, workers can qualify for an L1 Visa if they have been employed outside the country by any sponsoring company for 12 months and have working experience in the US to operate as a CEO. That means a company from any industry can qualify for the L1 visa category if it;
- Provides sufficient physical space to make the office
- Has beneficiary with at least a 12-months employment record
- Shows financial skills to establish a business in America
Keep in mind that the company in the USA will provide sufficient support to the staff that is sent for managerial positions within 12 months. It is essential if a beneficiary is visiting the country as a senior manager. When you work through a reference business plan to apply for an L1 visa to work in the USA, it can offer a host of benefits compared to other work visa categories.
Businesses from various industries can get the following on their L1 business plan.
- You can employ your senior managers and administrative personnel on the L1 work visa
- The non-immigrant visa doesn’t require any job offer. If you’re qualified as an L1- applicant, you’re considered employed with the USA Company that sponsors you.
- An L1 visa candidate for a startup doesn’t have to face annual limits for getting approval.
What is the Success Rate of an L1 Visa?
Considering the advantages of this entry permit, it is no secret what makes L1 Visa a sought-after way to enter America for work. However, like other US visa classifications, getting approved for an L1 visa isn’t easy. The rejection rate of L1 visas is increasing each year because of several reasons. The lack of details in the company’s business plan to apply and get approval for an L1 visa is a factor that you cannot ignore.
That means your success rate for an L1 visa depends on the efficacy of your L1 business plan writing. In addition to that, the following reasons can play a role in your L1 visa denial.
Failure to Meet the Eligibility Criteria
The L1 visa includes some particular criteria entrepreneurs and applicants have to take into account. Not meeting the criteria leads to instant visa rejection. For instance, the company owner needs to be an affiliate of an overseas corporation, a parent business, or a subsidiary and have been functional in the USA for at least 12 months.
The salary structure of a company can also stand as a barrier to an L1 visa. If a visa application has a substantial variance between the standard stipend range and the projected income, it increases the chances of denial.
Failure to Show Focused Knowledge
Of course, a focused skill is the key criteria when it is about applying and getting approved for an L1 visa. If you’re applying for the L1 visa as a beneficiary, you must demonstrate focused skills and qualifications that will benefit the company in a better way compared to other US-based workers.
Hire OGS Consultant to Write Your Business Plans for L1 VISA
Considering the rising rate of L1 visa denial, it is critical to work with the professionals such as OGS Capitals to create a comprehensive L1 business plan.
The most sought-after business plan writers possess a wealth of experience and expertise in developing plans specific to a variety of industries needs. Our writers know how to create a thorough document according to the requirements of USA visa classifications with the incredibly affordable cost of the L1 visa business plan
Our business plan writing experts can modify your L1 visa application with in-depth market research and ensure that you get what you’re looking for. The business plans by OGS Capital include everything from important details, and salary structure, to specialized knowledge to financial projections to meet the visa approval criteria.
OGS Capital is the right choice to craft a well-thought-out business plan for your L1 visa. You can check out a sample resume for an L1 visa application on our website.