Thanks for your advice. This means that I can form my own corporation whether I am on F1 or H1 doesn't matter. Is there any other way without me opening a corporation(Aniketm Corporation) to have ownership in Company Y. How does Shares and equity concept work. If I tell that I do not want ownsership but I want shares and equity in Company Y, would this simple or according to rules and regulations. If at all I want ownership then is that possible on a F1 or H1 Visa status