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I came to the US on such a visa to create a startup in the Valley. I was not the one responsible for the incorporation paperwork so I can't exactly say. I think
by samwise99 19y ago
I came to the US on such a visa to create a startup in the Valley. I was not the one responsible for the incorporation paperwork so I can't exactly say. I think it should be ok. However, you will not be allowed to work or receive a salary until you change your visa status. This usually entails leaving and re-entering the US.
- rglullis 19y agoThanks, guys. I just need to clear one thing now: considering I incorporate in the US, how do I manage to "pay myself and my co-founder"? I mean bills, common expenses, rent, food, etc? Can I transfer company revenue to a personal account? I know it is bad to mix personal/company cash flow, but is it ok/acceptable to use a corporate credit card? I know that this is not something to worry enough to make me lose my sleep, I am just curious about how things are handled fiscally and in terms of accounting. * edit: Removed the "pre" formatting. Sorry.