{"id":11314,"date":"2024-01-13T16:30:40","date_gmt":"2024-01-13T16:30:40","guid":{"rendered":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/?p=11314"},"modified":"2024-07-18T10:50:15","modified_gmt":"2024-07-18T09:50:15","slug":"set-up-dormant-company","status":"publish","type":"post","link":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/set-up-dormant-company\/","title":{"rendered":"How to set up a dormant company"},"content":{"rendered":"            <div class='post-lastupdated'>\n                <strong>Last updated: 18 Jul 2024<\/strong>\n            <\/div>\n        \n<p><span style=\"font-weight: 400;\">A dormant company is a company that is not taking part in any trading activity and has no form of income. A previously trading company can become dormant or a company can be set up as dormant. In this post, we will focus on the latter and show you how to set up a dormant limited company, and then what you need to do to maintain dormant status.<\/span><\/p>\n<h3>Why set up a dormant company?<\/h3>\n<p><span style=\"font-weight: 400;\">There are two main reasons why you may wish to set up a dormant company:<\/span><b><\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>To stop anyone else from taking the company name &#8211; <\/b><a href=\"https:\/\/www.gov.uk\/government\/organisations\/companies-house\" data-wpel-link=\"external\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Companies House<\/span><\/a><span style=\"font-weight: 400;\"> does not allow duplicate names to exist on the register. If you are a sole trader, you could set up a company with no intention of trading with it, just to stop anyone else from taking your business\u2019 name.<\/span><\/li>\n<li aria-level=\"1\"><b>To establish a business (even if you aren&#8217;t ready to trade) &#8211; <\/b><span style=\"font-weight: 400;\">You may intend to trade as a limited company, but simply aren\u2019t prepared yet. In this instance, you can register the company as dormant to reserve the name for when you are ready.\u00a0<\/span><\/li>\n<\/ul>\n<h3>Setting up a dormant company<\/h3>\n<p><span style=\"font-weight: 400;\">The process for setting up a dormant company is the same as setting up a company that will be trading, barring one detail regarding SIC codes, which we\u2019ll cover below.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With <\/span><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Quality Company Formations<\/span><\/a><span style=\"font-weight: 400;\">, you can set up a dormant company in a few simple steps:<\/span><b><\/b><\/p>\n<h4>1. Choose your company name<\/h4>\n<p><span style=\"font-weight: 400;\">Your company needs a name, even if you have no plans to trade yet. This must be unique, can\u2019t be too similar to another currently on the register, shouldn\u2019t be offensive, and must end with \u2018Limited or \u2018Ltd\u2019.\u00a0<\/span><\/p>\n<p>                                                    <a href=\"https:\/\/www.qualitycompanyformations.co.uk\/blog\/getting-replacement-certificate-of-incorporation\/\" class=\"related\" data-wpel-link=\"internal\"><span class=\"related-title\">How to get a replacement certificate of incorporation<\/span><\/a>\n                                                                        <a href=\"https:\/\/www.qualitycompanyformations.co.uk\/blog\/when-you-do-not-file-confirmation-statement\/\" class=\"related\" data-wpel-link=\"internal\"><span class=\"related-title\">What happens if you don&#8217;t file a confirmation statement?<\/span><\/a>\n                                                                        <a href=\"https:\/\/www.qualitycompanyformations.co.uk\/blog\/preparing-annual-accounts-limited-company\/\" class=\"related\" data-wpel-link=\"internal\"><span class=\"related-title\">Preparing annual accounts for your limited company<\/span><\/a>\n                    <\/p>\n<p><span style=\"font-weight: 400;\">Moreover, Companies House maintains a list of <\/span><a href=\"https:\/\/www.gov.uk\/government\/publications\/incorporation-and-names\/annex-a-sensitive-words-and-expressions-or-words-that-could-imply-a-connection-with-government\" data-wpel-link=\"external\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">sensitive words and expressions<\/span><\/a><span style=\"font-weight: 400;\">. If any of these are included within your company name, you must seek written approval from a specific body (depending on the word or expression) to use the name to accompany your application. For example:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If your company name included the word \u2018Bank\u2019, you would need permission from the Financial Conduct Authority<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If your company name included the expression \u2018Health Service\u2019, you would need permission from the Department of Health and Social Care<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">You can check the availability of your proposed company name (or find out if it includes any sensitive words and expressions) with <\/span><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">our name search tool<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><b><\/b><\/p>\n<h4>2. Pick your company formation package<\/h4>\n<p><span style=\"font-weight: 400;\">We offer several company formation packages dedicated to registering a private company limited by shares (the most popular form of company in the UK):<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/basic-package\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Basic<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/privacy-package\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Privacy<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/privacy-plus-package\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Privacy Plus<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/fully-inclusive-package\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Fully Inclusive<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/formation-packages\/non-residents\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Non-Residents<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/formation-packages\/multiple-share-class\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Multiple Share Class<\/span><\/a><\/li>\n<\/ul>\n<h4>3. Select your extras and make payment<\/h4>\n<p><span style=\"font-weight: 400;\">At the checkout, you will have a chance to add some additional extras to your order that were not included in your package. For example, if you want your company formed on the same day, you can select our Guaranteed Same Day Service. Or, if you want to ensure your company is fully compliant with GDPR, you could add the GDPR Compliance Package.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When you\u2019re ready, you need to provide us with your email address, password for your account, and billing details. You can then proceed to make payment (we accept the majority of payment cards).<\/span><b><\/b><\/p>\n<h4>4. Provide your company information<\/h4>\n<p><span style=\"font-weight: 400;\">We will then guide you through the online process of setting up a dormant company. This includes providing the following information:<\/span><\/p>\n<h5><strong>Standard Industrial Classification (SIC) Code<\/strong><\/h5>\n<p><span style=\"font-weight: 400;\">The SIC Code is used to notify the government of the types of businesses that are being incorporated. We will provide you with a list of codes, and all you need to do is select one to four codes that are appropriate for your company.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a non-trading company, you should select \u201899999\u2019 &#8211; the dedicated code for dormant companies. You can then add up to three more codes if you want.<\/span><\/p>\n<h5><strong>Registered Office Address<\/strong><\/h5>\n<p><span style=\"font-weight: 400;\">All companies must provide a UK-based <a href=\"https:\/\/www.qualitycompanyformations.co.uk\/blog\/registered-office-i-need-one\/\" data-wpel-link=\"internal\">registered office address<\/a>. This is the company\u2019s official address &#8211; although, no trading activity needs to take place at the address &#8211; and where government bodies such as HMRC, Companies House, and the Information Commissioner\u2019s Office (not an exhaustive list) will send their correspondence.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Using a residential address as a registered office address is allowed (if the landlord grants permission). However, this is not recommended, as the address is placed on the Companies House public register, which makes you vulnerable to unwanted visitors and potential fraudulent activity.<\/span><\/p>\n<p>A non-residential address is the best choice. With the exception of PO Boxes, you can use any type of non-residential address postal address that satisfies the new <a href=\"https:\/\/www.legislation.gov.uk\/ukpga\/2006\/46\/part\/6\" data-wpel-link=\"external\" target=\"_blank\" rel=\"noopener noreferrer\">&#8216;appropriate address&#8217; rules in the Companies Act 2006<\/a>.<\/p>\n<p><span style=\"font-weight: 400;\">A number of our packages include the option to use our central London address as a registered office address. If the package you purchased did not include this facility, you will have the option to add the service during the company formation process.<\/span><\/p>\n<h5><strong>Director details<\/strong><\/h5>\n<p><span style=\"font-weight: 400;\">Directors take care of the running of a company. You can set up a dormant company with one director or multiple directors &#8211; it\u2019s up to you. For every director that you appoint, you must enter their:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Title<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Full name<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Date of birth<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Nationality\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Occupation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Service address &#8211; this is viewable on the Companies House public register (a number of our packages allow you to use our address as the service address)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Residential address &#8211; this is not viewable on the public register, unless it is also being used as a registered office address or service address<\/span><\/li>\n<\/ul>\n<h5><strong>Shareholder and share information<\/strong><\/h5>\n<p><span style=\"font-weight: 400;\">Shareholders own the company. You can set up a dormant company with one shareholder or multiple shareholders. Shareholders can also be directors. For every shareholder that you name, you must enter their:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Title<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Full name<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Date of birth<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Nationality\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Occupation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The answers to three security questions (such as town of birth, last three digits of phone number, and father\u2019s forename)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Service address &#8211; this is viewable on the Companies House public register (a number of our packages allow you to use our address as the service address)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Residential address &#8211; this is not viewable on the public register, unless it is also being used as a registered office address or service address<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Total number of shares held<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Currency of shares held<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Value of shares held<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Particulars associated with shares held<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The share split in the company defines the percentage that they own. For example, if naming only one shareholder, they will own 100% of the company, regardless of the number of shares you allocate to them. If naming two shareholders, provided that they both have the same number of shares, they will own 50% of the company each.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the owners of the company, shareholders are the people who are financially liable if the company accrues debt. However, this liability is limited to the unpaid nominal value of the shares that they hold. Because of this, we recommend allocating a low number of shares with a low value, such as one share worth \u00a31.<\/span><\/p>\n            <div class=\"complete_package__shortcode\">\n                <a href=\"https:\/\/www.qualitycompanyformations.co.uk\/fully-inclusive-package\/\" data-wpel-link=\"internal\">\n                    <img decoding=\"async\" src=\"https:\/\/cdn-quality.s3.eu-central-1.amazonaws.com\/assets\/custom\/images\/blog\/qcf-blog_sidebar.png?v=2\"\n                        alt=\"Fully Inclusive Package Special Offer\"\n                        class=\"complete_package__mobile\">\n                    <img decoding=\"async\" src=\"https:\/\/cdn-quality.s3.eu-central-1.amazonaws.com\/assets\/custom\/images\/blog\/qcf-blog_banner.png?v=3\"\n                        alt=\"Complete Package Special Offer\"\n                        class=\"complete_package__desktop\">\n                <\/a>\n            <\/div>\n        \n<p><span style=\"font-weight: 400;\">If you have multiple shareholders with differing levels of ownership, allocate a low amount of shares with a low value, whilst still representing the split. For example, if you want a 75% \/ 25% split, allocate three shares to shareholder A and one share to shareholder B.<\/span><\/p>\n<h5><strong>Person with significant control (PSC) details<\/strong><\/h5>\n<p><span style=\"font-weight: 400;\">PSCs are the people who have ultimate power within the company. They are typically also shareholders within the company. To set up a dormant company, you generally need to name at least one PSC. For every PSC, you must enter their:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Title<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Full name<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Date of birth<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Nationality\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Occupation<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Service address &#8211; this is viewable on the Companies House public register (a number of our packages allow you to use our address as the service address)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Residential address &#8211; this is not viewable on the public register, unless it is also being used as a registered office address or service address<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Nature of control information &#8211; we will provide you with a series of dropdown options, you simply select the appropriate ones<\/span><\/li>\n<\/ul>\n<h5><strong>The articles of association<\/strong><\/h5>\n<p><span style=\"font-weight: 400;\">The articles of association is an internal document that sets out how the company is going to be run. We have prepared a set of articles of association that are appropriate for dormant companies, so you don\u2019t need to do anything regarding this.<\/span><\/p>\n<h5><strong>Review your information<\/strong><\/h5>\n<p><b><\/b><span style=\"font-weight: 400;\">Once you have provided all of the necessary company information, you simply need to review the company details, checking for any mistakes. When you are happy, you can submit the application.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All of our company formation packages include a Free Pre-Submission Review. This means our team of experts will also review your application before it\u2019s sent for processing at Companies House. If our team sees any errors, they will work with you to fix them. If there are no problems, the application will then go to Companies House.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your dormant company will typically be set up within 24 hours. As soon as it has been registered, we will send you an email containing your key company information, including your company registration number, company authentication code, digital certificate of incorporation, and digital share certificates.<\/span><b><\/b><\/p>\n<h4>5. Let HMRC know that the company is dormant<b><\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Your company will now have been set up, but a vital step of the process is notifying <\/span><a href=\"https:\/\/www.gov.uk\/government\/organisations\/hm-revenue-customs\" data-wpel-link=\"external\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">HMRC<\/span><\/a><span style=\"font-weight: 400;\"> that it is dormant. Failure to do this will result in HMRC assuming that your company must file a Company Tax Return and pay Corporation Tax.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Within a few weeks of your company being formed, <\/span><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/blog\/first-hmrc-letter\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">HMRC will send a letter<\/span><\/a><span style=\"font-weight: 400;\"> to your registered office that includes your Unique Taxpayer Reference (UTR). Once you have received this letter, you should let HMRC know that your company is dormant for Corporation Tax through <\/span><a href=\"https:\/\/www.gov.uk\/tell-hmrc-your-company-is-dormant-for-corporation-tax\" data-wpel-link=\"external\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">this online form<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is also a good idea to let the Information Commissioner\u2019s Office (ICO) know your company is dormant through <\/span><a href=\"https:\/\/ico.org.uk\/for-organisations\/data-protection-fee\/exemptions\/exempt-data-protection-fee\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">this online form<\/span><\/a><span style=\"font-weight: 400;\">. This should stop the ICO from chasing you up regarding registering with them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once you have followed these steps, you will have set up your dormant company.<\/span><\/p>\n<h3>How to maintain your dormant status<\/h3>\n<p><span style=\"font-weight: 400;\">Maintaining dormant status is an ongoing process. To do this, you must first ensure your company doesn\u2019t partake in any trading activity. After this, you must:<\/span><\/p>\n<p><b>File an annual confirmation statement<\/b><span style=\"font-weight: 400;\"> &#8211; This is a report made up of basic company information. This is due approximately two weeks after the anniversary of your company\u2019s incorporation, and then must continue to be delivered on an annual basis, regardless of whether your company is trading or not.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As mentioned, a number of our company formation packages come with the facility to have us file your confirmation statement for you. <\/span><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/services\/confirmation-statement\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">This service can also be purchased separately<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>File dormant company accounts &#8211; <\/b><span style=\"font-weight: 400;\">All companies (regardless of trading activity) must file annual accounts, with the first set needing to be delivered 21 months after incorporation. Subsequent accounts should then be delivered 9 months from the <\/span><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/blog\/accounting-reference-date\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">accounting reference date<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dormant companies can file a specialist set of accounts known as Dormant Company Accounts. Whilst not included as part of any of our company formation packages, you can purchase our <\/span><a href=\"https:\/\/www.qualitycompanyformations.co.uk\/services\/dormant-company-accounts\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Dormant Company Accounts Service<\/span><\/a><span style=\"font-weight: 400;\"> separately as and when you need to file them.<\/span><\/p>\n<h3>If your company starts trading<\/h3>\n<p><span style=\"font-weight: 400;\">When your company starts trading, you should <\/span><a href=\"https:\/\/www.gov.uk\/first-company-accounts-and-return\/trading-after-set-up#:~:text=You%20tell%20HMRC%20the%20date,before%20your%20accounting%20reference%20date.\" data-wpel-link=\"external\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">notify HMRC within 3 months<\/span><\/a><span style=\"font-weight: 400;\"> of your trading activity starting. Otherwise, if your company continues to be dormant, you should carry on delivering the confirmation statement and annual accounts when they are due.<\/span><\/p>\n<h3>That\u2019s how to set up a dormant company<\/h3>\n<p><span style=\"font-weight: 400;\">Thanks for taking the time to read this post. We hope you have found it useful. If you have any questions about the set-up process or keeping a company dormant, please leave a comment and we\u2019ll get back to you as soon as possible.<\/span><\/p>\n            <div class=\"names_shortcode\">\n                <a href=\"https:\/\/acn.ionos.co.uk\/aff_c?offer_id=3&amp;aff_id=8964&amp;url_id=309\" data-wpel-link=\"external\" target=\"_blank\" rel=\"noopener noreferrer\">\n                    <img decoding=\"async\" src=\"https:\/\/cdn-brand.s3.eu-west-1.amazonaws.com\/assets\/images\/242634_Domains_Banner-Cooperation_QCF_325x340_UK.png\"\n                        alt=\"FREE .co.uk Domain Name.\"\n                        class=\"names_shortcode-mobile\">\n                    <img decoding=\"async\" src=\"https:\/\/cdn-brand.s3.eu-west-1.amazonaws.com\/assets\/images\/242634_Domains_Banner-Cooperation_QCF_980x150_UK.png\"\n                        alt=\"FREE .co.uk Domain Name.\"\n                        class=\"names_shortcode-desktop\">\n                <\/a>\n            <\/div>\n        \n"},"excerpt":{"rendered":"<p>A dormant company is a company that is not taking part in any trading activity and has no form of income. A previously trading company can become dormant or a company can be set up as dormant. In this post, we will focus on the latter and show you how to set up a dormant&hellip;<\/p>\n","protected":false},"author":27,"featured_media":11329,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false},"categories":[1231],"tags":[],"class_list":["post-11314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-formation","category-1231","description-off"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.0 (Yoast SEO v24.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How To Set Up a Dormant Company<\/title>\n<meta name=\"description\" content=\"Do you need to set up a dormant company? 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