Hello JoeF,
I have gone through many posts on this forum and want to thank you for providing your opinions on various issues. I have a question regarding my situation and would appreciate your advice on it.
I founded a software development firm in India more than 5 years ago and managed it from India till 2002. In 2002, I sold a part of my equity in the company and relocated to US on H1. I no longer receive any rumneration from that company but continue to be a significant shareholder of the company in India. But in 2003, I registered an LLC in the US to collect the payments as many clients preferred that. I see it as a shell company in the US for the company in the US. All work for the company including client solicitation , software development and support is handled through India. I do not receive any wages from the LLC and only take the profits from the company. I do not interact with the clients of the company on day to day affairs but do speak to prospective clients who want some assurance about the company in India. I have been working full-time for the company that holds my H1 visa all along. Given this, I would like to know if I am violating any immigration law by doing this? If yes, I would like to know how can I remedy it?
I would appreciate any inputs on my situation.
Thank you.
I have gone through many posts on this forum and want to thank you for providing your opinions on various issues. I have a question regarding my situation and would appreciate your advice on it.
I founded a software development firm in India more than 5 years ago and managed it from India till 2002. In 2002, I sold a part of my equity in the company and relocated to US on H1. I no longer receive any rumneration from that company but continue to be a significant shareholder of the company in India. But in 2003, I registered an LLC in the US to collect the payments as many clients preferred that. I see it as a shell company in the US for the company in the US. All work for the company including client solicitation , software development and support is handled through India. I do not receive any wages from the LLC and only take the profits from the company. I do not interact with the clients of the company on day to day affairs but do speak to prospective clients who want some assurance about the company in India. I have been working full-time for the company that holds my H1 visa all along. Given this, I would like to know if I am violating any immigration law by doing this? If yes, I would like to know how can I remedy it?
I would appreciate any inputs on my situation.
Thank you.