4 ms·
Hi Peter, I am on h1b and working for an employer. I am joining as a co-founder to a startup. Can I get compensation or profit for my work there? I am expec
by vpl0512 8y ago
Hi Peter,
I am on h1b and working for an employer. I am joining as a co-founder to a startup. Can I get compensation or profit for my work there? I am expecting to resume role of CTO. Can there be any legal implications?
- proberts 8y agoIn what status are you joining the startup?
- vpl0512 8y agoI am on H1b visa (my I-140 has been approved since last 6 years by my present employer.) I have notified my current employer and there is no conflict of interest. Do I need any approval from USCIS to work on the new startup?
- proberts 8y agoSo, to be clear, has an H-1B petition been filed for you by your startup?
- vpl0512 8y agoNo. Nothing has been filed by the startup.
- proberts 8y agoAs a cofounder, an H-1B will be problematic so if you go that route, you should continue to explore other options while that petition is pending such as an O-1 because the H-1B petition could get denied - or just look at the O-1 now.
- vpl0512 8y agoOh. So can I hold O-1 And H1B together? can I work parallel to both (my employer and startup)? I want to utilize this new venture to go on EB-1A (Extraordinary ability). Is it possible?
- godelmachine 8y agoNice question. Hope Peter answers.