Thread: Business

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    Business
    Hello, I'm a Minor and I want to start my own business.
    The question I have is; Will I be able to apply for a LLC, Business License, etc. as a minor in the state of California?
    I've been doing some research on it and I cant find any rules and regulations that i'd have to be 18.
    I don't want my Legal Guardian to have any relation in my business, but if its required, I will have no choice.
    Thanks in Advance.


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    Hi, there.

    There is no age limitation on creating a company or LLC in CA or most states, except for the following: You're ability to enter into a contract is limited. A LLC, for example, if formed with other people requires an Operating Agreement, which is a form of contract by and between the owners or members. As a minor, you would not be able to sign the Operating Agreement.

    Let me be clear about this: You can sign anything and everything you want, but the problem is the other signers to a contract wouldn't be able to enforce that contract as against you. You lack "capacity" to enter into a contract as a minor. Therefore, some vendors, partners, or whomever, may not consult with attorneys and may be willing to enter into contracts with you, but anyone with an attorney will require that you -- as a minor -- have a parent or legal guardian sign on your behalf.

    Good luck to you! Larry.


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    Laurence S. Donahue, Esq.
    Attorney & Founder
    Law 4 Small Business, P.C.
    http://www.L4SB.com/
    505-715-5700
    888.99.BIZLAW (888.992.4952)
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    It is required that you become a major to start the business and fulfill all the legal procedures.


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    There's no age Restriction by Establishing a Organization or LLC at CA or Many Countries, but for the Subsequent: You Are Skill to Input to an contract Is More Limited. Even a LLC, as an instance, if shaped with people necessitates an Arrangement, that really is a type of agreement from and involving members or your owners. Being a little, you wouldn't have the capability to register the arrangement.


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    It is required that you turn into a noteworthy to begin the business and satisfy all the lawful systems.
    Top Indian astrologer in Australia


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    Business
    It is required that you turn into a noteworthy to begin the business and satisfy all the lawful systems.
    Top Indian astrologer in Australia


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