Is it possible for the H1B visa holder to form a company?
Answer:
It is possible. However, in order to work for your own company, you must have an H-1b specific to this employment. You can hold more than one H-1bs and often many people do when they work part time for two companies. There is nothing that prohibits an H-1b from having an H-1b for his/her own company. However, you will not be able to have your own company petition for your green card in the future.
no, the H-1B is employment specific to the company which originally petitioned for the H-1B. IF the person left to open their own company, a new and difference visa would be required, such as an E or E2 visa.
NO. To attempt to form his own company would cause him to be in violation of his own visa.
No, the H-1B must be for employment, but not self-employment. I've heard of people starting side businesses, but keeping their main occupation as the one on their H-1B petition. I really wouldn't recommend this, especially if you're planning to apply for Permanent Residency. This is a gray area (charcoal gray) and it will probably cause a lot of problems. Either way, it is definitely not allowed for your only job to be self employed.
The immigration information post by website user , MyTend.com not guarantee correctness