pratmicro_20
Junior Member
What is the name of your state (only U.S. law)? Georgia
I am on H1B visa. I want to start an LLC/C-Corp in the state of Georgia. Problem is that I am not an US Citizen and on H1B Visa (which limits me to "work" for only the company that sponsors my visa). I am considering an option where I would register the C-Corp (get an EIN using my SSN). But then I would only be passive investor/owner(shareholder). I would appoint another Manager/officer/Director(US citizen) to run the day to day transactions. In this way I won't do any work. Would I be in violations of my H1B rules? Will I face a problem later on for GC Processing? I will have my SSN tied to the EIN, also I will not include the profits from C-Corp on my tax return(profits will remain within the business). Will USCIS or DHS or IRS look negatively at this and deny GC later on? Is having "ownership" in my C-Corp construed as being involved with "managing" my C-Corp?
I am on H1B visa. I want to start an LLC/C-Corp in the state of Georgia. Problem is that I am not an US Citizen and on H1B Visa (which limits me to "work" for only the company that sponsors my visa). I am considering an option where I would register the C-Corp (get an EIN using my SSN). But then I would only be passive investor/owner(shareholder). I would appoint another Manager/officer/Director(US citizen) to run the day to day transactions. In this way I won't do any work. Would I be in violations of my H1B rules? Will I face a problem later on for GC Processing? I will have my SSN tied to the EIN, also I will not include the profits from C-Corp on my tax return(profits will remain within the business). Will USCIS or DHS or IRS look negatively at this and deny GC later on? Is having "ownership" in my C-Corp construed as being involved with "managing" my C-Corp?