Virginia | Immigration Law
6/08/11, 8:59 am
Legal Question
Hi,
I am on work visa (H1B) and plan to open a business . I plan to buy a truck and lease it to a logistic company and get monthly rental . I want to start a small company because i want to increase the business from 1 vehicle to many more and avail all tax benefits .( I expect to earn about 20-25,000 USD per year from this business)
Can i start a business on my current H1B status or do i need a GC holder or Permanent Resident /Citizen to start a business . Also what type of company should I open C corp / S / LLC for better tax benefits .
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Read More Answered By: Michael E. Hendrickson |
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