Ogilve

Hello, Is there a possibility of setting up a companyA (LLC) where we are two H1b holders are major investment partners and one of them holding 50% and the other 34% and rest is held by a GC. Now this companyA will invest in a businessB that will give their net revenues back to companyA as it invested in the businessB and any profits the businessB makes is send to companyA and this in turn is proportionally distributed to the investors of companyA as profits (schedule K). Is this setup legal for the H1b holders? If not, can any other setup be setup for protecting GC path for the H1b holders?

@mindsight did you receive any information on this topic? Did you consult any attorney? I am interested to know about this