Technically speaking, a person of any age can be appointed as a shareholder of a company. However, it is important to note that appointing somebody under the age of 18 may result in some difficulties further down the line: This could be with contract signings, opening of bank accounts, then there is parental settlements and potential capital gains tax.
We advise speaking to a business advisor or accountant if you are thinking about appointing somebody under the age of 18 as an owner of the business.
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