- Jurisdiction
- California
First of all, Thank you for taking time to read and answer this question.
I am green card holder and my colleague is an H1B visa holder. We have a consulting business idea and we would like to pursue the idea to reality. From reading other forums and blogs, It is stated that we would require a C corp to be formed. I would like to have your guidance on the following,
1) Can the green card holder start C corp
2) Will the H1B visa transfer to new company be difficult
3) With restriction for H1B visa, can my colleague be added as co-owner/employee
4) Can myself and my colleague have ownership of the company or any guidance on partnership contract is helpful
I do have a lot of questions on tax implications both individual and business and I will probably reach out to a CPA based on the responses.
Sincerely, appreciate your help.
I am green card holder and my colleague is an H1B visa holder. We have a consulting business idea and we would like to pursue the idea to reality. From reading other forums and blogs, It is stated that we would require a C corp to be formed. I would like to have your guidance on the following,
1) Can the green card holder start C corp
2) Will the H1B visa transfer to new company be difficult
3) With restriction for H1B visa, can my colleague be added as co-owner/employee
4) Can myself and my colleague have ownership of the company or any guidance on partnership contract is helpful
I do have a lot of questions on tax implications both individual and business and I will probably reach out to a CPA based on the responses.
Sincerely, appreciate your help.