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Results 1 to 2 of 2

Thread: Doing business on an H1B

  1. #1
    Guest
    Hi there,

    Thanks for setting this website up. Its informative and gives many people confidence and access to lawyers to assist.

    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?


    Many Thanks in Advance

  2. #2
    Guest
    Hi there,

    Thanks for setting this website up. Its informative and gives many people confidence and access to lawyers to assist.

    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?


    Many Thanks in Advance

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