H1b Holder - Need help on starting own online business

[pulse4000]

Hello,

I am H1b Visa holder.I am planning to open my own website.However,after reading many posts i understand i am not allowed to do this unless i act as an investor or owner of the company and hire someone to do work for me.

I have following questions:

1. Can i open website/business on my dad's name/address who is in india?
2. In this case,can i purchase domain name,shopping cart etc using my US
address and credit card OR do i have to provide India address/credit card?
3.I will work as a volunteer on this business and profit will go to my
Dad.However,i will learn business and help my dad financially by generating
money for him as he will retire soon.


Any help is greatly appreciated.

Thanks
Raj

[Curtis2011]

Running a website, even if it makes money, is not the same thing as running a legal entity that would be called a "business".

If you run a website that brings in income, at least in the USA, this is simply part of your personal income. It doesn't make you a "business owner" per se.

In order to form a legal business entity, you will need to fill out several forms at the state level, and then at the federal level if you want it to be recognized by the federal government.

You should read up on this on official government website domains (.gov) until you know exactly what you're doing (it can get complicated )