Since I am on H1 visa and I am not supposed to work/ contribute directly to my own company, what would be the best way to manage company proceedings. If I plan to hire a manager, who would get business for me and coordinate projects with developers(in India only) would that be ok and what paper work is required to hire some one for my company.
I hope I was able to explain myself and would appreciate any help.
I suggest you talk to an immigration attorney, because it all comes down to what you can or cannot do as H1 person.
Can I hire off shore workers and pay them. Since most of my businessLegally? No. Because that would be working. You can only be a silent partner, you cannot hire anyone.
will come from internet itself can I hire a off shore manager to
If I hire commission based sales rep(in USA), what forms and paperDepends on the State, each state with its laws.
work is required to hire them?
Lastly, at the end of month after paying salaries and every otherOf course not. Unless you're a sole proprietor (which you cannot be on H1), your company is a separate legal entity, and using the company's account for your personal expenses will basically "pierce the corporate veil" to say the least, will probably make potential partners/investors run away, or lead to embezzlement charges, which is a criminal offense.
expense the amount left in company's account can I use it for my
The company may decide to distribute dividends, at its own discretion, and only then you can use the money for your personal expenses (after paying taxes of course).