Registering a limited company does not mean you have to start trading immediately. However, even if your company has no customers, sales or income, you may still have legal and reporting obligations. A company that has not started trading may qualify as dormant for Corporation Tax purposes, but this does not automatically remove its responsibilities to Companies House.<\/p>\n\n\n\n
Most limited companies must file annual accounts and a confirmation statement with Companies House, even if they are dormant. You must also keep appropriate accounting records. Missing filing deadlines can result in penalties, even when the company has made no money.<\/p>\n\n\n\n
There is an important distinction between having no income and being officially dormant for tax purposes. If HMRC has not been informed that your company is dormant, you may still be required to submit a Company Tax Return. Certain activities, such as buying and selling goods, renting property, employing staff or receiving interest, can also affect whether the company qualifies as dormant.<\/p>\n\n\n\n
Having no income does not mean having no responsibilities. If you have registered a LTD but have not started trading, check your HMRC status, Companies House filing deadlines and record-keeping requirements to avoid unnecessary penalties.<\/p>\n","protected":false},"excerpt":{"rendered":"
Registering a limited company does not mean you have to start trading immediately. However, even if your company has no customers, sales or income, you may still have legal and reporting obligations. A company that has not started trading may qualify as dormant for Corporation Tax purposes, but this does not automatically remove its responsibilities…
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