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I am 16 and I am trying to form a corporation in Delaware. Will I run into legal troubles later if I choose to incorporate at 16?


ANSWER


The BIDaWIZ Team's Answer:

Technically, you can incorporate by having a parent or guardian act on your behalf as the authorized signer. You will also need a registered agent at least 18 for incorporating in Delaware. Therefore, technically you can incorporate, but the risks that you run is that since you are a minor, you cannot enter into a binding contract. You will always need an authorized signer for this instance.

The BIDaWIZ Team

 

 

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