Dear JoeF and other Gurus,
I am currently on H1B and want to start an LLC in New York State. After reading some of the related threads I found out that if I start LLC now, I can invest in/own it but INS rules would not allow such thing unless I hire someone to work as a director/CEO. RIGHT???
Second situation - Lets assume I have got my EAD but my I-485 is still pending. May I avail all the benefits of starting/working for my own company being on EAD. Is there any added benefit of starting an LLC after I-485 approval (getting GC in hand)???
Many Thanks.
CoG
I am currently on H1B and want to start an LLC in New York State. After reading some of the related threads I found out that if I start LLC now, I can invest in/own it but INS rules would not allow such thing unless I hire someone to work as a director/CEO. RIGHT???
Second situation - Lets assume I have got my EAD but my I-485 is still pending. May I avail all the benefits of starting/working for my own company being on EAD. Is there any added benefit of starting an LLC after I-485 approval (getting GC in hand)???
Many Thanks.
CoG