A limited company is deemed to be dormant if they have had no 'significant accounting transactions' since incorporation, or since the last filing of accounts. In layman’s terms, a company is dormant if it has not traded.
A limited company is deemed to be dormant if they have had no 'significant accounting transactions' since incorporation, or since the last filing of accounts. In layman’s terms, a company is dormant if it has not traded.
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