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User: pakora

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  1. You can create a corporation. on Creating a Business in the US on an H1-B Visa? · · Score: 1

    Not really. US is a great country when it comes to business. I have been at a similar crossroads and this is what I found. Anyone can create a business in the US irrespective of their visa status. The catch is, you can not sponsor your own H1 and you can not earn second income from services while you are on H1 (including AdSense money). Here is what can be done, you can continue to get the money in your company and don't draw it ... let it sit in the company or further invest through your company. Remember, if you have a company it has to pay taxes (expect at least $800/yr, if you are making more than this on AdSense alone, I need to know what site you have :)). One of the best places to incorporate business for people on H1 I felt is Nevada State. You can keep the owner anonymous you are protected by state laws. Second, they have bearer share/stocks meaning whoever holds the share certificate is the owner you do not require papers to show transfers etc..... You don't even need to be present in NV. This maybe of some help: http://www.companiesinc.com/ for starters. As a caution, take my information with a grain of salt and do consult a professional. HTH. PS: No offence, but IMHO US is a great country with a mediocre and somewhat parasitic immigration policy.