Under the new visa rules, the companies applying for H-1B visa will have to register electronically first and then pay a $10 visa fee for each applicant. The new system has also significantly altered the lottery process. Currently, the USCIS issues about 85,000 H-1B visas each year to Indians; predominantly to IT professionals. Here are 5 things to know.

· The electronic registration process for H-1B visa will run from March 1 to March 20. It is expected to streamline processing by reducing paperwork and data exchange.

· The registration process requires only basic information about the employer and the employee. The employee would also need to job offer letter.

· H-1B visa applicants will be randomly screened at the registration level and then notify the employer of selection. The process of filing H-1B petition will begin from April 1.

· This new process will save costs for IT companies as only those selected will now be required to submit a full petition. This will be positive for IT companies.

· Initial H1B visas will be limited to 65,000 per year and an additional 20,000 H1B visas will be available only if the employee has a master's degree or higher from a US institution.