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For dormant declaration: There is a requirement for a director’s statement to declare the company’s status of dormancy. ...
Financial Statements for Insolvent dormant company
If the dormant company is unlisted, is not a subsidiary or a listed company, and the company’s total assets is not more ...
Can dormant company be exempted from preparing financial statements (FS)?
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...
