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from the document point of view you are OK,but to be on the safe side I would suggest you talk to the local INS.

As far as I know you can start a corporation or an LLC, and based on your financial position(think 50k in bank a/c), you can sponsor an H1. Its not hard, I advise you to go ahead,ofcourse after consulting an immigration lawyer.

Dear Members, I have been a silent observer during the past 8 months. Whenever I had a question, I needed help or anything like that, I visited this site,searched for answers and got more than what I wanted. I would like to thank all members for sharing their ideas,experiences here...