gcWudBeHere
Registered Users (C)
I cleared both labor and I-140 stages of my green card application. I am waiting for visa numbers before I apply for I-485 application (victim of retrogression). Here is my question about the I-485 application.
While on H1-B (in 2004), I started a C-Corp. I am the vice president and the representative of the company (and no other employees). I obtained a FEIN (federal identification number, tax-id, etc) for the company using my SSN. Thus, my name is tied to the company since 2004.
The company does not have a bank account, nor has any sales/revenue so far. Tax returns were filed as “Inactive” for 2004 and 2005. In other words, I did not get paid from the company nor did the company make any money. Neither did I do any work for the company that needs compensation. (All the work is performed as volunteer work)
Given these circumstances, did I violate my H1-B status? Does this scenario pose any problems for my I-1485 application?
I did good research before starting the company back in 2004 and found that a person in H1-B could start a company, but not work for the company and make money from it.
If I did violate the H1-B status how should I go about rectifying it?
Gurus please advice.
While on H1-B (in 2004), I started a C-Corp. I am the vice president and the representative of the company (and no other employees). I obtained a FEIN (federal identification number, tax-id, etc) for the company using my SSN. Thus, my name is tied to the company since 2004.
The company does not have a bank account, nor has any sales/revenue so far. Tax returns were filed as “Inactive” for 2004 and 2005. In other words, I did not get paid from the company nor did the company make any money. Neither did I do any work for the company that needs compensation. (All the work is performed as volunteer work)
Given these circumstances, did I violate my H1-B status? Does this scenario pose any problems for my I-1485 application?
I did good research before starting the company back in 2004 and found that a person in H1-B could start a company, but not work for the company and make money from it.
If I did violate the H1-B status how should I go about rectifying it?
Gurus please advice.