Hi all,
I have a H1 from Company A and am one of the founders of a startup (Company B). The CEO of Company B is an American citizen. The company has not generated revenues as yet and I have not received any money from it. The CEO is willing to give a Share certificate basically saying that I own stock in the company. Is this legal? Is there something that I need to be aware of?
In future I anticipate a situation wherein the company starts making money and I might have to get paid on a regular basis. If this is the case, can I get a part time H1 from the company and hold both the existing full time and the part time H1 simultaneously? If not, what are my options?
Also, can I get my GC processing through the startup based on future employment? The company is still in the infant stage. Has anyone done this?
Thanks!
I have a H1 from Company A and am one of the founders of a startup (Company B). The CEO of Company B is an American citizen. The company has not generated revenues as yet and I have not received any money from it. The CEO is willing to give a Share certificate basically saying that I own stock in the company. Is this legal? Is there something that I need to be aware of?
In future I anticipate a situation wherein the company starts making money and I might have to get paid on a regular basis. If this is the case, can I get a part time H1 from the company and hold both the existing full time and the part time H1 simultaneously? If not, what are my options?
Also, can I get my GC processing through the startup based on future employment? The company is still in the infant stage. Has anyone done this?
Thanks!