self-employment on H4-EAD

[pagrawal4]

I am on H4-EAD and planning to build a commercial website to generate earnings while at home.  I have following doubts regarding this : 

1) Do I need to register a small company for that or I can work independently ?
2) Do I need to create a separate bank account for the earnings to arrive ? And this income would be taxable..right?
3) In future, suppose my EAD is revoked, then what would be the process? like should I need to change the company's ownership or it would be completely shutdown?
4) can I do job along with self-employment?

Kindly clear the doubts.

Thanks in advance.

[pontevecchio]

On the H4 EAD, you have unrestricted work authorization and can do what you propose. You have to do your own research as to what form of business you want . You will need to set up the structure such that your personal assets are sheltered in case of a problem. In future if you lose the EAD, you will need to put an end to the business. Unrestricted work authorization means what it says and lets you work multiple jobs should you choose.