Legal Question in Business Law in Michigan

Age limitations when starting a business

Hi,

I was wondering if there are any age limitations to start a business in the State of Michigan. I am 17 and I am wanting to register a sole proprietorship or a small corporation for a computer business I hope to start. Is it possible to start either of these without the aid of an adult co-sign? If I have a co-signer, will that mean that my business will belong to them as well?

Thanks for your help,

J


Asked on 8/14/04, 10:14 pm

1 Answer from Attorneys
Blake Lipman Law Office of Blake P. Lipman

Re: Age limitations when starting a business

I beleive that the resident agent needs to be an adult (over 18). I don't know of any restrictions regarding ownership. For more info, please contact my office at (248)851-3171.

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Answered on 8/17/04, 11:07 am


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