Hi everyone,
I am an H1B visa holder and planning to start a website which will provide instructional videos through subscriptions. I have read that as an H1B visa holder, i am allowed to create a company, LLC, copr, but cannot work for it. Also, the company will have no physical presence in the US, site will be hosted by 3rd party and i will be ceating the videos during my free time from my home-office.
What kind of company you recommend?
I would be the one deducting expenses/profits/losses. How can i be a "passive" shareholder then?
I plan on leaving the US after 3 years, should I simply setup a parent company at home and then setup a subsidiary company here in delaware for eg. Is this allowed under the H1B visa?
Since this business is only digital download of instructional videos, do i need to collect sales tax?
Also, my current employer is just started the green card application, still in the Labor Certificate. Should I wait until the I-140 is approved and then creat the company?
I am sure other people have had similar situaions before, please advise.
Many thanks.
I am an H1B visa holder and planning to start a website which will provide instructional videos through subscriptions. I have read that as an H1B visa holder, i am allowed to create a company, LLC, copr, but cannot work for it. Also, the company will have no physical presence in the US, site will be hosted by 3rd party and i will be ceating the videos during my free time from my home-office.
What kind of company you recommend?
I would be the one deducting expenses/profits/losses. How can i be a "passive" shareholder then?
I plan on leaving the US after 3 years, should I simply setup a parent company at home and then setup a subsidiary company here in delaware for eg. Is this allowed under the H1B visa?
Since this business is only digital download of instructional videos, do i need to collect sales tax?
Also, my current employer is just started the green card application, still in the Labor Certificate. Should I wait until the I-140 is approved and then creat the company?
I am sure other people have had similar situaions before, please advise.
Many thanks.
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