Company forms & group structures · Working

Dormant company

Also called: inactive company

ELI5

A registered company with no significant accounting transactions or activity under the applicable rules.

Used in conversation

“Can we circulate dormant company with the assumptions and open questions marked?”

Pitch context

You will see “Dormant company” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches company forms & group structures.

Why it matters: In company forms & group structures, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.