Hello
I am working in the US on H1-B visa, and would like to start a company which would develop iphone applications which would have accompanying websites where people would register and pay a monthly service fee.
I have read the various forums and it appears that I can be a passive investor in the company and not assume any role or work for the company even in a volunteer fashion.
I would like to however fulfill my entrepreneurial dream and would like to take on the role of the CEO of the company. So, can I start the company in India (my country of birth) take on the role of the CEO and then start a branch over here in the US with couple of US citizens as partners, as a passive investor and then do the leg work for expanding the business in US.
Please advise.
I am working in the US on H1-B visa, and would like to start a company which would develop iphone applications which would have accompanying websites where people would register and pay a monthly service fee.
I have read the various forums and it appears that I can be a passive investor in the company and not assume any role or work for the company even in a volunteer fashion.
I would like to however fulfill my entrepreneurial dream and would like to take on the role of the CEO of the company. So, can I start the company in India (my country of birth) take on the role of the CEO and then start a branch over here in the US with couple of US citizens as partners, as a passive investor and then do the leg work for expanding the business in US.
Please advise.
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