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Can a Minor set up an LLC?

Rose S
Level 1

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.

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sjrcpa
Level 15

That's a legal question.

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4 Replies 4
sjrcpa
Level 15

That's a legal question.

TaxGuyBill
Level 15

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.

Rose S
Level 1

Okay Thanks!

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qbteachmt
Level 15

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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