Which of these options allows me to start my own business while working on H1b in USA?

[Desi Boy]

Hi,

I'm in USA on H1b visa, and want to start a side hustle. My company has started green card process on my behalf and its at the PERM stage. If everything goes well, I should get a current date of November this year. 
My wife recently started her tenure as a resident doctor on J1 visa. 

Since H1b doesn't allow starting my own company, I'm contemplating between 3 options -
a) Find a co-founder who is a citizen of US, and make them the primary owner
b) Register the company in India with myself/family member as the primary owner
c) Transfer to J2 visa after receiving I-140 and start my company then

I want to understand which of these options is doable and has least resistance? Also I want to know if I will lose my current date if I transfer to J2 visa?

Regards,

[JoeF]

On H1 you can only be a passive investor, putting your money into a business and otherwise stay out of it. You can not "make" somebody else the primary owner. That's already active involvement, which is not allowed on H1, nor on J1 or J2. You also can NOT work for a company other than your H1 employer, regardless of where the company is located. It matters where you are located.

In short, none of these things will work. Wait for your GC.

Edited August 2, 2023 by JoeF