Dormant company

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    #1

    Dormant company

    I set up a company with a business partner last year for property investment. But for many reasons we have not done anything with the company during the year but i only took all shares from him with zero consideration.

    In this case, can this company be treated as a dormant company as the AA02 states "only transaction entered into the accounting
    records of the company is the issue of subscriber shares"?

    Thanks
    Tags: None
    #2
    Its treated as a dormant company if the company has no income and no expenses ( excluding the annual fee paid to Companies House).

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