The business is an individual proprietorship, limited liability company, partnership, corporation or joint venture that is at least fifty-one percent owned by one or more veterans or, in the case of any business whose stock is publicly held, where at least fifty one percent of the stock is owned by one or more veterans ...

There are as many ways to set up a business as you can think of. VA knows them all and will ultimately look at your personal taxable income. If your personal taxable income is below the threshold for the federal poverty level in your region, you shouldn't have any issues.

What is a Service-Disabled Veteran-Owned Small Business Concern? A: A small business concern owned and controlled by a Service-Disabled Veteran or Service-Disabled Veterans, as defined in section 3(q) of the Small Business Act (15 U.S.C. 632(q)) and SBA's implementing SDVOSBC Program Regulations (13 C.F.R. 125)