Registering a Dormant Company
October 24th, 2008 . by MichaelI have been advised that I should register a dormant company as a means of protecting the trading name I currently use for my sole trader business. I have a couple of question however and would appreciation some further information about the subject.
These are as follows:
- How does the dormant company option work?
- Would I still be able to continue working as a sole trader under the same name?
- Would I need to start paying company taxes?
- How easy would it be to make it active and would there be a cost involved?
- What are dormant company accounts and how are they submitted?
It sounds like a viable option but I would like to know a few more details.