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| Starting and Doing Business in USA Help each other make money and have fun doing it :-) |
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#1
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Business on H1B - Question to ****
Joe
This is the first time I have visited this section of the Forum. I am usually in the Labor Certification forum. I work on an H1B and my labor certification has been on file for almost 2 years now. The question I have is: Is it possible for me to start a business, mainly by using the existing set up my brother-in-law has in India? I am thinking of building a website and start selling his products (here in the US). Now, can I do that while on an H1? Or do I have to wait for my green card? What if I get my EAD, can I do it then? Please advice. Thank you so much in advance Raju |
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#2
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Thanks Joe...I really appreciate your response.
Raju |
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#3
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Raju , as joe said you can start a company but cannot work for it . But if you think the venture is going to be profitable why not hire a local guy as CEO for the company ...this way you just remain as a passive investor
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#4
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Quote:
Also, as a co-founder (LLC or LLP), I can get share of profit - is this income allowed under H-1B? Is it considered similar to other investments like stocks and funds? tia, lil. |
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#5
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But in any case, your reply to the other question I posed was clear enough - if I cannot even take the trash out, I understand that there is no realistic work I can do at the premises at least, which will go unnoticed. Thanks a lot, Joe. |
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