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US startups with non residents

    • 1 posts
    January 31, 2014 8:49 PM EST

    Hi,

     

    We are 3 people planning a startup in US with VC funding. One of them is a citizen, one on GC and the other one is on H1B. I understand that a H1B can own a business in US. My questions are:

     

    1. Can the new company have his H1B transferred and he can be on the rolls of the new company and draw a salary?? Please note that the company will be formed new.

     

    Suggestions are welcome.