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R
Rose S
Level 3
January 20, 2022

Can a Minor set up an LLC?

  • January 20, 2022
  • 3 replies
  • 12 views

Can a minor set up an LLC ?  If yes, can they chose to file as an S Corp? Also, can it be set up with another adult(who is not a parent, more of a business partner)? State is CA.

    This topic has been closed for replies.

    3 replies

    sjrcpa
    sjrcpa
    Level 15
    January 20, 2022

    That's a legal question.

    The more I know the more I don’t know.
      T
      TaxGuyBill
      Level 15
      January 20, 2022

      As was pointed out, forming a legal entity (and figuring out its complications) is something that needs to be brought to a business attorney.  Asking questions on any online forum is not a good idea - it should be brought to a professional that specializes in it, or else you are likely going to be doing something wrong.

        R
        Rose SAuthor
        Level 3
        January 20, 2022

        Okay Thanks!

        qbteachmt
        qbteachmt
        Level 15
        January 20, 2022

        Since you asked about S Corp, it's also a Labor Standards question, because now you are veering into Payroll for minors.

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