Thanks, so I guess we have to incorporate then, in case someone wants to sue us. But then our main concern is our visa status. I am on a F1 visa and my friend is on a H1B visa. We are the main cofounders. I saw some answers by other people who say that if we incorporate, we can have shares and sit on the board but we cannot work for our company because our visa won't allow us to (While I can use opt, but my cofounder who is on H1B and who is the tech person can't). Their suggestion is to find a US cofounder, but finding a technical cofounder is hard for us...