I am on H1B - currently in the 4th year. I and my friend (GC holder) are going to open a C-Corporation together. He has his own job too.
Question : When we open the bank account can I act as the person with the authority to sign the checks ? Note that I and my friend both will be Directors (I will not be an officer of company or an employee). Does authority to sign check amount to violation of H1B ? I will not be working for the company in any way.
Any info on this will be of help.
Question : When we open the bank account can I act as the person with the authority to sign the checks ? Note that I and my friend both will be Directors (I will not be an officer of company or an employee). Does authority to sign check amount to violation of H1B ? I will not be working for the company in any way.
Any info on this will be of help.