How does a H-1 B promote a start-up in USA?

Start Up ([email protected])
Thu, 8 Jul 1999 16:59:11 -0700 (PDT)

Hi

Iam a employed on a H-1 B with a company here in USA. I am planning to
initiate a start-up venture and would like some advise on how I can go
about doing the same.

a) Can I start a company while Iam on H1 of another company?

b) Can my wife who is on H-4 start the company

c) Can I get start a company in India and get that company to start a
subsidary here. In which case(since I have an Angel Investor from
India who is willing to
invest a $ 200,000 and my own seed funds to begin with) with this kind
of investment brough to the USA can I convert my H-1 to an L-1. I
understand that an L-1 makes it faster to get a GC.

Any of you out there can give me some advise on this?

Cheers

Rahul

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