Yes, if the dormant company is unlisted, is not a subsidiary or a listed company, and the company’s total assets is not ...
Can insolvent dormant company be exempted from preparing financial statements?
Yes, if the dormant company is unlisted, is not a subsidiary or a listed company, and the company’s total assets is not ...
How to determine whether a company is dormant?
The test for dormancy is provided for in the Companies Act, i.e. that there is no accounting transaction during that fin...
Should company hold AGM (annual general meeting)?
If the company is a private company, the company can dispense with the holding of its AGM if there are no other resoluti...
Should unlisted company hold an annual general meeting (AGM) when it is exempted to prepare financial statements being dormant?
The company must still hold an AGM. However, if the company is a private company, the company can dispense with the hold...
Can all the directors use the same company address as alternate address?
Yes, provided that the company address is one where they can be located. However, if there is a foreign director, he may...