Ask HN: How to start an LLC on H1B
In near future, I want to start my own company. Currently, I want to write some mobile apps and sell them online. However, my employer is not very friendly with such policies and having side projects officially may hurt my chances of getting promoted at work.
To fix this I came with the following solution:
Start a LLC in US under a cousin's name(a homemaker and US citizen) and sell apps under that LLC's name. I will run the company under her name. Once I decide to go full time on the startup, I am planning to have an arrangement so that I can buy back the company for a nominal amount.
Is this a good approach? Also is this legal? Are there better approaches?
TIA.
PS: I hope people will understand the reason for posting this under a throwaway account.