Hi,
I have a valid EAD and looking to start a business. My spouse is still on H1b and also has an un-used but valid EAD. Our GCs are stuck in FBI name check.
The company I want to open would import goods from Europe and export them as well as goods from US to India. I expect to make profit from day 1.
I would fully take care of the business my-self, any help from spouse would be very minimal and can be attributed as voluntary.
We want to keep spouse's H1B intact as a back-up for an unlikely scenario of GC rejection
There is absolutely NO plan of using the company for H1b transfer. In fact the company would be in entirely different business than Spouse's H1B.
Here are my questions:
1. Based on the research here and elsewhere I think my plan is fully workable. Please comment
2. Considering that I don't want to partner with anybody, what would be a good option to go for - LLC, C-Corp?
3. Can I take spouse to be my partner? Of course, I would do that only if that doesn't create any complication for our GC process.
4. I have an option of, however not preferred, grouping with a GC/USC holder. I would only go for this options if I absolutely can't do it otherwise.
I know that I finally need to consult an attorney and a CPA, but like all others, I am prepping myself to ask him/her all the right questions and not get scammed by him/her.
Your advice is highly appreciated.
TIA
I have a valid EAD and looking to start a business. My spouse is still on H1b and also has an un-used but valid EAD. Our GCs are stuck in FBI name check.
The company I want to open would import goods from Europe and export them as well as goods from US to India. I expect to make profit from day 1.
I would fully take care of the business my-self, any help from spouse would be very minimal and can be attributed as voluntary.
We want to keep spouse's H1B intact as a back-up for an unlikely scenario of GC rejection
There is absolutely NO plan of using the company for H1b transfer. In fact the company would be in entirely different business than Spouse's H1B.
Here are my questions:
1. Based on the research here and elsewhere I think my plan is fully workable. Please comment
2. Considering that I don't want to partner with anybody, what would be a good option to go for - LLC, C-Corp?
3. Can I take spouse to be my partner? Of course, I would do that only if that doesn't create any complication for our GC process.
4. I have an option of, however not preferred, grouping with a GC/USC holder. I would only go for this options if I absolutely can't do it otherwise.
I know that I finally need to consult an attorney and a CPA, but like all others, I am prepping myself to ask him/her all the right questions and not get scammed by him/her.
Your advice is highly appreciated.
TIA