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Starting and Doing Business in USA Help each other make money and have fun doing it :-)

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Old 9th June 2004, 11:05 AM
witty1976 witty1976 is offline
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Starting consulting company on H1 with a friend having EAd

HI Joe,
Please advice me for the following situation.
I am thinking to start a consulting business with my friend who has EAD. I am currently on H1B and actively working for my company and planning to continue working through my current company only.
All I want to know is , that if I open such consulting company can I legally get the profit coming from that company [I am not going to work for this company and also not expecting to have my GC through this company though].
What are the possibilities for opening such a consulting company for a person on H1B.

Also wanted to know which kind of company (i guess LLCs but not sure) can I start with my friend , if it is legal.
If it is not possible for me to have partnership with my friend to open such a company (being on H1B) , what are the options I have .
Thanks in advance.
witty
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Old 9th June 2004, 01:43 PM
witty1976 witty1976 is offline
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Thnaks ****.
Appreciate you quick and kind reply.
-Witty
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