{"id":132259,"date":"2023-06-01T00:00:03","date_gmt":"2023-06-01T00:00:03","guid":{"rendered":"https:\/\/systemday.wpengine.com\/?p=132259"},"modified":"2023-06-14T10:58:39","modified_gmt":"2023-06-14T10:58:39","slug":"uk-dormant-company","status":"publish","type":"post","link":"https:\/\/www.shane-english.com\/uk-dormant-company\/","title":{"rendered":"UK Dormant Company"},"content":{"rendered":"
A UK company without any activity is often referred to as dormant. A company is dormant for Companies House, if it has had no significant transactions during the year on which it is reporting.<\/p>\n
This effectively means a company that has never traded, and has never bought any assets and\u00a0 is different from a non-trading company; which has other obligations.<\/p>\n
If a company has no assets, and only pays<\/p>\n
You must file your confirmation statement (previously annual return) and annual accounts with Companies House even if your limited company is dormant according to Companies House.<\/p>\n
Your company is called dormant by Companies House if it\u2019s had no significant transactions in the financial year. Significant transactions don\u2019t include:<\/p>\n
You do not need to tell Companies House if your dormant company starts trading, the next set of non-dormant accounts that you file will show that your UK company is no longer dormant.<\/p>\n
If assets were bought, or the company has opened a bank account, or the company did trade then the company is not dormant, it is non-trading so it can file abbreviated accounts, but not dormant accounts.<\/p>\n
If a company is not correctly maintained, there can be penalties for directors of UK companies and fines unpaid by a company, can result in personal liability for the directors, even if they are not resident in the UK.<\/p>\n
A company is dormant for tax purposes if it has never traded, has no assets and has written to the authorities to say that it is dormant; and they have replied acknowledging this.<\/p>\n
All other companies are active and have to lodge tax returns.:<\/p>\n
A company is active for Corporation Tax purposes, whether it is trading, or practising a profession, or holds any assets which have the potential to generate an income, even if the income is collected by another party.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dormant Company – Companies House A UK company without any activity is often referred to as dormant. A company is dormant for Companies House, if it has had no significant transactions during the year on which it is reporting. This effectively means a company that has never traded, and has never bought any assets and\u00a0 […]<\/p>\n","protected":false},"author":11,"featured_media":147448,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[10014],"tags":[],"class_list":["post-132259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-administration","entry","has-media"],"acf":[],"yoast_head":"\n