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Old 20th November 2006, 08:20 PM
cindy78 cindy78 is offline
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**** need your help!
I am a J2 holder and have EAD. My husband and I register a C-corp. in MA. I know my husband can not work for our company and get any salary, the question is whether I can be the CEO of my company and get salary? The term "president" in Corp. means the CEO or chairperson of directors? I got the EIN using my SSN, and I am ready to open a bank account with this EIN, is it ok? If I can not work for my company, can I employ a GC holder to run the business, if yes, do I need change the EIN by using his (GC) SSN?
Thank you very much.
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Old 21st March 2007, 05:42 PM
great guru great guru is offline
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Originally Posted by cindy78 View Post
I am a J2 holder and have EAD. My husband and I register a C-corp. in MA. I know my husband can not work for our company and get any salary, the question is whether I can be the CEO of my company and get salary? If you have EAD you can do that The term "president" in Corp. means the CEO or chairperson of directors? NO. President may or may not be a CEO. I got the EIN using my SSN, and I am ready to open a bank account with this EIN, is it ok? YES If I can not work for my company, can I employ a GC holder to run the business, if yes, do I need change the EIN by using his (GC) SSN? EIN is belongs to your corporation not belongs to individual. EIN - Employer identification NumberThank you very much.
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