Two H1B Work Visa Holders formed a business - LLC in the state of [State Removed by Avvo]. They are the only members of the LLC. Currently, they hold the co-CEO positions at the company, however they do not work but manage the company only. They know that the per imm. laws, without proper authorization, they can't work for their own company. However, they are also aware that they can manage their investment in the company. All the startup expenses of the company are considered investment by the founders. The business is e-commerce service oriented business and the services will be performed outside of the US. There will be no employees of the company and only contractors will be hired to do the work for the company.
We are seeking proper legal advise based on the facts given above. Please share your thoughts.