Can a minor own an LLC in Virginia?

No. In Virginia, individuals under the age of 18 are not legally permitted to form or own a Limited Liability Company (LLC). While there are no requirements regarding education, work experience, or nationality, an individual must be at least 18 years old to legally act as an LLC member or organizer.

Eligible individuals can:

• Form an LLC as a single-member or multi-member entity
• Serve as the organizer and registered agent (if residing in Virginia)
• Sign and file the Articles of Organization with the State Corporation Commission (SCC)
• Manage daily business operations and enter into legally binding contracts

Virginia law requires LLC organizers and members to be of legal age since corporations are formed by binding promises and commitments. As soon as one is 18, he or she is considered mature enough to make such commitments.

With the help of One IBC USA, young entrepreneurs can establish an LLC in Virginia in full legal compliance, acquire limited liability protection, validity of their business, and the benefits of such essential services as EIN registration and regular state filings.