What is the legal age to form an LLC?
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What is the legal age to form an LLC?
Asked on September 25, 2011 under Business Law, California
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
The legal age would be the age of 18, which is the age of majority. That is because that is the age at which a person may form or execute any sort of binding, enforceable contracts or agreements, or take on legal obligations.
Below the age of 18, you would need someone else to form the LLC for you, but since there would still be issues of the enforceability of any agreements you had with that person (such as to turn it over to you later; to follow your instructions; etc.) would be of suspect enforceability, there are issues with this approach as well. There are certain things, like voting, military service, driving (in many states) that one must wait to be 18 to legally do.
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