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Procedure to Obtain Status of a Dormant Company

REASONS FOR OBTAINING STATUS OF DORMANT COMPANY. A company obtains a dormant status for many purposes, such as: When the business owners are preparing to launch a business, to reserve a name for the company, it may be registered as dormant. When the business owners plan to restructure a business, they may obtain a dormant status for it.…

Section 455 of Companies Act, 2013 – Dormant company ...

SECTION 455. DORMANT COMPANY [Effective from 1st April, 2014](1) Where a company is formed and registered under this Act for a future project or to hold an asset or intellectual property and has no significant accounting transaction, such a company or an inactive company may make an application to the Registrar in such manner as may be prescribed for obtaining the status of a dormant company.…

Dormant companies and associations: Dormant for ...

Dormant for Corporation Tax. Your company is usually dormant for Corporation Tax if it: Trading includes buying, selling, renting property, advertising, employing someone or getting interest. HMRC has detailed guidance on what counts as dormant for Corporation Tax.…