Fillable Application For Declaration Of Minor Form printable pdf download
Can A Minor Form An Llc. It is possible to start a business entity as a teen through an llc by being a passive investor. You may want to discuss your situation with a lawyer in more detail.
Fillable Application For Declaration Of Minor Form printable pdf download
For example, michigan , according to a 1981 attorney general opinion , does not let a minor form a corporation. It is possible to start a business entity as a teen through an llc by being a passive investor. To form an llc, one or more people (or a business entity such as a corporation or llc) must act as the organizer. Many lawyers on avvo offer a free phone consultation. Web can you form an llc if you're under age 18? However, you still should contact an attorney concerning the formation. The organizer is responsible for setting up the llc. If not then what is the best way to allow that minor to form their company while still doing 100% legally. When forming an llc in ny at least one organizer needs to be at least 18. While there are laws governing llc formation and organizer age, there is nothing stopping minors from owning llcs in.
There is no age restriction on the age of the members. Web a minor can own an llc through the representation of a parent, guardian, or legal agent. Is it legal for me to be the sole member of an llc, assuming i submit take care of all. While there are laws governing llc formation and organizer age, there is nothing stopping minors from owning llcs in. Can minors form an llc? The organizer is responsible for setting up the llc. Web no, there is no age restriction to starting an llc in ohio. Can you even be a member of an llc if you're a minor? How a minor can own an llc When forming an llc in ny at least one organizer needs to be at least 18. Many lawyers on avvo offer a free phone consultation.