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View Full Version : Whether F1(OPT) and H1B visa holder can open sole proprietorship in USA?


bobadam
08-04-2009, 10:54 PM
I want to know whether I can legally open some business in USA. A sole proprietorship is the simplest business format in USA. I am currently in F1(OPT) visa and will be H1B visa sometime later. Whether F1(OPT) and H1B visa holder can legally open sole proprietorship in USA?
My attorney told the foreigner without Green Card can open business in USA but can't get paid. The sole proprietorship count all business profit/loss as individual income/loss for tax. (Form 1040 Sch C) I am afraid this is not legal for my current visa status.
Anyone here has opened business in USA without a Green Card legally? If yes, could you please share with us which type of company you opened? (Inc, LLP, or ...?)
Thank you very much!