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Folks, Is there any restriction on a contractor on an H1 (contracted out by company A) owing equity stake (say 30%) in a company B and working for company B as a contractor AT THE SAME TIME (if the contractor is on an H1 by Company A, he should not be violating any rules of owning 5% stake in...

Thanks and a clarification Thanks Joe for the reply and the info, No , i have no intention of circumventing the laws. I dont know the laws , so i was clarifying what they are. I did not know that for a gc, you have to have intent to work for the company sponsoring it,- its seems strange...

Hi all, Would appreciate some advice from the gurus - i am currently on an H1b and want to quit my job and start a company whats the best way of doing that? can i legally do one of the following: (i dont know too much about the immigration process) 1. Get a partner (US citizen) to...