Can I start a business if on EAD and H1B?

[advanced]

my friend has an H1B and received my EAD, I’m looking for options in starting my own company, can I start a company on my own means like (escope, LLC, INC)?

[shah]

On EAD actually yes. In fact, you can even port your AOS to your own company under AC 21 self-portability provisions. As for the H1B, you can actually own a company (but a passive owner) just like being a shareholder in a major company. Anytime you become active with the company, you will need an H1B with this company.

[rokjimmy]

what procedure for open and register new IT company brief details want.

[shah]

You can incorporate a company. It is not very difficult you can use a CPA for that. You can actually check the issues involved with IT firms here.http://www.peerallylaw.com/en/content/view/505

[romavia]

Today the andriod and IT market has grown up other than expectations and everyone now want to start his own business related to IT fieled.

[Josephn]

Well If depend and begins a organization, allows assume a talking to organization and she don't do any perform and i help her in the whole procedure and i don't get paid will that be a problem.

[osinkolu]

Hi Shah, thanks for insight. you talk about incorporating on H1B and being a passive owner. Is that also the case the with Incorporating a Church? Since the Church is non-profit, can we incorporate and the be involved in volunteer service without any pay or anticipation for such?

[shah]

Involuntary work not in the line for non profit might be ok.

[voisbornn]

While compared to past ten years, A tremendous growth will be seen in IT companies. So, Many of them are kept more interest to start up their own IT company. Based upon the law, What should we remember at the time of starting an IT company? Any kind of suggestion is greatly accepted.

[bermekarp]

Whether you are a starting up company or a large business entity you can always look out for the business consultancy service who are professionals and can help out business organizations to improve their performance and operations to overcome your existing internal problems through their business advices and consultancy services.

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[stockbrokers]

what procedure for open and register new IT company brief details want.

Most of private IT firm are runing without registration because they just have a website and few workers from different places. So for that company you don't need any documentation other than your personal tax information.

[edward222]

If you want to start a business, its important to know your location first. Its really good to start a business in a location with low tax. Low tax countries can help your business grow, well, there are companies that offers offshore company formation for you to be able to register your business in a low tax area. One of the best company that offers company formation is Offshore Direct.

Hope this helps.

[danadmin]

Great and useful answers.

[momentumm]

Nice information, Thanks for sharing here.

[infotalk]

Folks,

Can you please confirm.

If I am on EAD through my employer who has filed for my GC. I have already cleared 2 stages and now just waiting for the priority date.

In this scenario I can own a business (LLC) and work for it ? (Assuming that I am still working for my current employer who has filed my GC)

Please help me with this answer.