Monitoring Cash Flow on H1/H4

W

Waiting..

New Member
Hi All,
I understand the laws somewhat now (thanks to all the posts and their replies on this forum, Really Helpful). My questions:

1. I cannot work for a business that I or for that matter my spouse is a part of unless I have concurrent work permission with them.
How can I monitor the cash flow of the company while the other partner or his/her employees run it. Can I have a joint account and/or make him/her have me or my spouse's signature on the money taken out, if not what is the right (legal) way of monitoring this?

2. With EAD can my spouse work full time or I work part time without a concurrent work visa with the company?

3. Is it legally right for me to own the internet domain for the company and pay for its hosting from my pocket (nothing from this company's income) or will I have to transfer the internet domain ownership to the company after we register it so that the company pays for it?

4. Is there a percentage cap for non-immigrants on owning a business e.g. We may have a 70:30 partnership; 70% (Me-H1) and 30% (Partner-US citizen)?

Regards and thanks in advance.

Still Waiting....How long..? :confused:
 
Same as Above

JoeF,

Thanks for the reply. If not signatures, can I have some kind of involvment in the account e.g. he is the only one signing it with me a joint owner of the account without having to do anything with the paper work for the account?

Regards.
 
JoeF,

Thanks for the reply.

No I donot have any problems with this. I just wanted to explore all the avenues and make sure that I do everything legally, before I get into this.

Still Waiting..How Long.. :confused:
 
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