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  #1 (permalink)  
Old 06-30-2015, 09:17 AM
Senior Member
Priority Date
:
Feb-10
Category
:
EB2
I140 Mailed Date
:
03/17/2011
Chargeability
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India
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I-140
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Join Date: Oct 2008
Posts: 466
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Default Start up in India

Does anyone know if its okay to be a partner in a Start up in India, while working on work visa in USA. any implications/-ves?
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  #2 (permalink)  
Old 06-30-2015, 10:54 AM
Senior Member
Priority Date
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Nov-10
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EB3
I140 Mailed Date
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India
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Join Date: May 2013
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AceMan is a splendid one to behold AceMan is a splendid one to behold AceMan is a splendid one to behold AceMan is a splendid one to behold AceMan is a splendid one to behold AceMan is a splendid one to behold AceMan is a splendid one to behold
Default

If my understanding is correct, any revenue over 10000 $ outside US has to be reported.
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  #3 (permalink)  
Old 06-30-2015, 12:43 PM
Member
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Sep-07
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Join Date: May 2007
Posts: 59
jsd123 has much to be proud of jsd123 has much to be proud of jsd123 has much to be proud of jsd123 has much to be proud of jsd123 has much to be proud of jsd123 has much to be proud of jsd123 has much to be proud of jsd123 has much to be proud of jsd123 has much to be proud of jsd123 has much to be proud of
Default Irs

Apart from income tax implications there are no other restrictions from immigration point of view. In contrast to the previous replies, you have to declare your global income (including from this partnership) in USA (even if its $ 1).
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