Starting a company --Basic question

U

user71

New Member
Hi,
This is a simple question.Can anyone please answer this.

Currently am working on my EAD for a company.I am planning to start a software consulting company in LLC category.can i go ahead and start the company with my EAD? I mean can i work full time and also start a business on the same EAD?.

Actually my GC was filed with company A and when i was working with that company i was using my H1 not EAD.When i changed to Company B i started using my EAD and i also filed AC21.

So after seeing all the above points.Can you please tell me whether i can start a company or shall i wait till i get the Greencard.

Please let me know.

Thanks
 
Joef What If?

JOEF,

what in this case if user71 were to be on a visa.lets say L1A visa.Is he still allowed to open a company on EAD and work on L1A with his current sponsor?

thanks..
 
Joef,

So are we saying that in order for him to undertake additional activities outside his current sponsor , he changes his status to EAD first (not sure if he can ask his L1A sponsor to shift the status to EAD) and then go and work with some other company.

I shall try to simplify my querry;

Imagine a case that user71 is working for company A which has sponsored his L1A.Now his EAD has come through and he wants to start his own business.

He has two options;
Either quit his job and thus eligiblize his EAD status(either by joining company B or starting his own company C)

Or continue on his L1A status with company A and then start his own business company C.

If you are saying that he cant be on L1A and on EAD at the same time, then question is can he switch his status with his current employer(sponsor for L1A) Company A to EAD from L1A.That way he will be on EAD with Company A and then start company C.

Thanks for your suggestions.

Parrot
 
Hi JoeF,
Thank you very much for your reply and thanks alot for reminding me about the employment contract.I do have contract.So my next question would be.Can i start the company with my wife's EAD.She was on H4 earlier and now she has EAD and till now she didn't work anywhere.So it think she will not be in an obligations.
So will it be ok so start a company on her EAD?Also i would like to know that does starting a company needs a credit history? I mean can a person without any credit history can open a company?
Please do let me know the answers for these and thank you very much for your reply.

Regards,
 
Originally Posted by Parrot
Joef,

So are we saying that in order for him to undertake additional activities outside his current sponsor , he changes his status to EAD first (not sure if he can ask his L1A sponsor to shift the status to EAD) and then go and work with some other company.

As soon as a person starts using an EAD, that person is no longer on whatever status he or she was before. That is automatic.
Where that person works is irrelevant for that. Using or not using the EAD is what determines the status.

Joef...thanks a tonne for your advice.Who should one be contacting if he doesnt want to leave his current employer and get onto EAD with the same company.Does one need to file I-9 here ?
 
Joe,
I forgot to ask some questions.You said that it is ok to start a company on my wife's EAD.In that case can she work for that company.I am asking this question because i saw in many threads that say that it is ok to work for the same company by filing AC21 in which the job should be of same as mentioned in the LC.In this case my wife was on H4 and she never worked and i was primary for the Green card.So how should we procceed from here?Does she still need to submit Ac21? Or no need to submit AC21 but she can work for it?
My second question is what will be the better time to start the company.Right now or wait for the new year? I am asking this because if we start the company in this year and say we didn't do any business,does we have to still pay the taxes?
Please do let me know the answers for these 2 questions.

Thanks
 
Joe,
Thanks for all the replies.This question is in continuation to all the replies given by you.I have a one more question again.If i start the company with my wife's EAD,can i work for that company along with my regular job.If yes,then do i have to submit AC21 again for the new company?

Please advise.

Thanks
 
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