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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 17th May 2007, 03:48 AM
newbus newbus is offline
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Need help - On H1B and filed H1s on an C Corp, is it legal?

Hi, I started an C-Corp on H1 visa. My H1B is with a different company and I am not on my company payroll.

I sponsored few H1s this year but now I got a doubt whether it is legal for me to apply for H1s while my GC is still in processing. Please advise. Thank you.

Last edited by newbus; 17th May 2007 at 02:20 PM.
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Old 7th December 2007, 01:44 PM
bapu100 bapu100 is offline
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Newbus,

How do you manage your finances for the new company. How do you use the profit from your company.

Thanks
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Old 15th January 2008, 08:02 AM
kiran_k02 kiran_k02 is offline
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H-1b Cannot start S-Corp

You shouldn't be starting S-Corp as your are on H-1B...File 1120 not 1120S by March to let IRS know that you would be filling your taxes as C-Corp than S-Corp. Otherwise go to a CPA.

Anyway I have another question regarding your H-1B employee applications, you didn't have any problems getting H-1b approvals for your new company with no revenue.

Last edited by kiran_k02; 15th January 2008 at 08:05 AM.
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