The I-864 form, also known as the Affidavit of Support Under Section 213A of the INA, can get you confused in 864 different ways (figuratively). What exactly is the affidavit of support? What is the liability of a sponsor under the I-864? Allow Elkhalil Law, P.C. to silence your confusions in the following discussion: What exactly is the affidavit of …
What is the EB-6, The International Entrepreneurs Program?
On January 17, 2017, the United States Department of Homeland Security (“DHS”) formally released the final rule to allow International Entrepreneurs to legally remain and work in the United States in a Parole status. The rule, included in 8 CFR 212.19, became effective as of July 16, 2017. The new rule is aimed at providing an alternative method for those …
LLC vs. Corporation: What is the Difference?
To help entrepreneurs when deciding on a company structure, this post discusses which business models exist and which one entrepreneurs should chose for your business.
Handshake to Seal the Deal
You work so hard. You spend so many hours negotiating a deal. Before you turn the agreement to the lawyers to draft it, it happens. You got what you came for- a fantastic deal. They get up, you get up, and you… handshake on it. What does the handshake really mean? Do you really have a legally enforceable agreement or …
The U.S. Treasury Department Announces Key Regulations and Legislation to Counter Money Laundering and Corruption, Combat Tax Evasion
On May 5, 2016, The U.S. Treasury Department announced several actions to strengthen financial transparency and combat the misuse of companies to engage in illicit activities. Treasury announced a Customer Due Diligence (CDD) Final Rule, proposed Beneficial Ownership legislation, and proposed regulations related to foreign-owned, single-member limited liability companies (LLCs). Together, these efforts target key points of access to the …
What is the difference between an Assignment Lease and a Sublease?
To help business owners better understand their options when it comes to leases, this post reviews important information when it comes to lease negotiation before moving into a discussion of the main differences between an assignment and sublease.
The Patriot Act for Business
To assist businesses in complying with the Patriot Act, this post reviews what the Patriot Act is, what the reporting requirements are, how a business can comply with the Act, what the OFAC is, and the consequences of non-compliance.
Real World Impacts of the EB-5 Immigrant Investor Program
The U.S. offers a unique pathway into the country that not many other countries share: The Immigrant Investor Program (EB-5 Program).
5 Things You Should Know About a Non-Disclosure Agreement
Non-disclosure agreements (NDA) are routinely used in business settings and can be one of the first steps in creating a business relationship between parties. However, there are 5 things you need to know about them if you are planning to enter into one.
A Brief Overview of the Non-Compete Agreement in Georgia
To help you better understand Non-Compete Agreements, this article will give a brief overview of what these agreements are, their elements, what they mean for employees and employers, their enforceability, and some best practices.