Switching to company dormancy

If you find that your trading activtity is going to be low for your Limited Company for several months (e.g. going from a contract role to a permanent role) but want to keep your company running for the future then you can make your company dormant.

When you make your company dormant, we offer a 50% discount during the time that your company isn't trading. We will still need to file VAT returns, company accounts and confirmation statements during this time.

If you're considering making your company dormant then we'd recommend speaking to your accountant first.