QUESTION

LLC and Corporation

Asked on Nov 07th, 2015 on Immigration - Nebraska
More details to this question:
I am F1 and own an LLC. I employ my friend an H1B to work for me but he wants to be part of the owners too. I am thinking to make him H1B status 50% owner and employee, and me F1 status 50% owner. What's best for me as an F1 or him as H1B Corporation or LLC?
Report Abuse

1 ANSWER

The best option would depend upon you and your friend's immigration goals. For example, if your friend wishes to extend his H1B status through is employment in the future being an owner will be problematic. i encourage you both to schedule a consultation with an experienced immigration attorney. You need case-specific guidance that simply cannot be provided on a forum. 
Answered on Nov 09th, 2015 at 5:05 AM

Report Abuse

Ask a Lawyer

Consumers can use this platform to pose legal questions to real lawyers and receive free insights.

Participating legal professionals get the opportunity to speak directly with people who may need their services, as well as enhance their standing in the Lawyers.com community.

0 out of 150 characters