Steps to setup a company (H1B+US Citizen)

Venny_Vinny

New Member
Hi,

I would like to start a consultancy company with one of my friend who is a US Citizen.

Can someone go through what exactly I will need to START and RUN the company.

I know that the first step will be to incorporate my company. What is the best and common place to do it? I went through the this site www.companiesinc.com . It is offering 3 packages but not sure what exactly i need to do.

I'm currently on h1B. Can I register this company on my name? What do i need to run this company.(money wise)

Which corporation is best for my company. (C corp or S corp). Do I need to be a US citizen for starting S corp? C corps have double taxation. So is it a good idea to go with C corp?

Also, when i'm trying to register my corporation, it is asking for the name of the Director. Can i mention my name? (i'm on h1B)

I wish if someone could prepare a list of items for this task.

Please help.

Thanks
Venny
 
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