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How can I as an H1/B visa holder setup a business entity so that I can draw money from a business that I intend to run and own.
Are the statements shown below true? I was informed that :- - I could not draw a salary from my own business - I cannot be paid on a 1099 basis and that I cannot be work for my own business.
Can my business operate as a corporation and can I draw earnings as dividends from the company on a quarterly or monthly basis?