Dormant is not
the same asexempt.

Yes, on exactly the same timetable as one that trades. Annual accounts must be submitted to the general meeting within six months of the financial year end, and filed with the National Bank within thirty days of approval and at the latest seven months after the close. There is no exemption based on the absence of activity, and there is no legal category called a dormant company. The phrase describes a habit, not a status.

Surcharges apply and they increase with the length of the delay, so the cost of forgetting rises the longer it goes unnoticed. The more serious consequence is evidential: damage suffered by third parties is presumed to result from the failure to file. In a dispute that means the people responsible for the company are disproving causation rather than a claimant proving it, which is a materially worse position to start from.

Yes. A company which has failed to file its annual accounts for three consecutive financial years can be dissolved by judicial decision, on the application of any interested party or of the public prosecutor. It is not a theoretical provision, and three years passes quickly in a structure where nothing appears to be happening and nobody is prompting anyone. That is precisely the profile of company it tends to reach.

The beneficial ownership entry has to be kept adequate, accurate and current, with supporting documents, and confirmed at least annually even where nothing has changed. The annual company contribution falls due. Directors are self-employed persons and remain affiliated to a social insurance fund on that basis. Each of those is small on its own, and each of them continues regardless of whether the company has done anything at all.

No. We hold participations on our own account with our own capital. We do not manage money for anyone else, do not provide investment services or advice, do not solicit funds from the public and hold no authorisation from the Financial Services and Markets Authority. Nothing on this site is an offer, invitation or inducement to invest, and no financial return of any kind is forecast or promised.

No. We do not act as nominee shareholder or nominee director for anyone, we do not form companies, provide domiciliation or supply corporate secretarial services to third parties, and we provide no arrangement whose purpose or effect is to obscure who ultimately owns or controls something. Enquiries of that kind are declined rather than discussed, and the beneficial ownership register exists precisely to make such arrangements visible.