2016 Form CA LLC1A Fill Online, Printable, Fillable, Blank pdfFiller
Can A Minor Form An Llc. Web so the next question to answer is whether a minor can be a member of an llc (or, in other words, own an llc). Web a minor can own an llc through the representation of a parent, guardian, or legal agent.
2016 Form CA LLC1A Fill Online, Printable, Fillable, Blank pdfFiller
How a minor can own an llc States differ as to whether they let a minor form a corporation (i.e., whether a minor can act as an incorporator). The main limitation of a minor owning an llc lies in their inability to enter legally binding contracts on behalf of the company. Can minors form an llc? Web can a minor in nj own an llc? While minors can legally enter. You may want to discuss your situation with a lawyer in more detail. Web can you form an llc if you're under age 18? To form an llc, one or more people (or a business entity such as a corporation or llc) must act as the organizer. If not then what is the best way to allow that minor to form their company while still doing 100% legally.
How a minor can own an llc Many lawyers on avvo offer a free phone consultation. It is possible to start a business entity as a teen through an llc by being a passive investor. How a minor can own an llc To form an llc, one or more people (or a business entity such as a corporation or llc) must act as the organizer. The main limitation of a minor owning an llc lies in their inability to enter legally binding contracts on behalf of the company. Web from the current legislation, it appears that minors can form an llc in the aforementioned states. Web are minors allowed to be in a llc if their parent is going to be counted as the owner of the llc until the minor is 18 ? You may want to discuss your situation with a lawyer in more detail. However, you still should contact an attorney concerning the formation. ( if it matters any the minor would be 17 years of age so very close to 18).
