Hello all. I have been thinking of starting a home based business. I am currently on H1b visa with a company and working for them. I still want to continue working with them but was thinking if there is any legal way to start up my own business from home. Any guidance on the legal issues would be appreciated. Also I want to start the business with one of my family members in India. It would be a joint venture. Thanks in advance
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home based business while on H1b visa with a company
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A legitimate home-based business in the U.S. implies local licenses or permits, which are often neglected by many if the business is fairly inconspicuous, but also Federal tax reporting, usually with Schedule C or Schedule C-EZ (Profit or Loss from Business) which requires you to have at least an SSN, or an EIN.
--Ray B
Originally posted by nehajani View PostHello all. I have been thinking of starting a home based business. I am currently on H1b visa with a company and working for them. I still want to continue working with them but was thinking if there is any legal way to start up my own business from home. Any guidance on the legal issues would be appreciated. Also I want to start the business with one of my family members in India. It would be a joint venture. Thanks in advance
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I think you can get local permits and run a business from home. My friend made it this way. I don't know where she addressed it, but I think you can find this info on the Internet. She ended up creating a niche marketplace and running it remotely. I should say, that she has succeeded, and her business has been growing. Hope it helps and good luck with your business journey.Last edited by BNic; 02-29-2024, 06:13 AM.
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