business registration with no activity

HumbleHindu

New member
Jan 14, 2010
326
7
0
we had registered a company here. we have got all those RNC and it is registered as c por a. But there was no business activity till date. It was idle for the past one year. I want to know if we need to submit the returns or any other formalities like sales tax returns etc at periodical intervals.
 

Black Dog

Bronze
May 29, 2009
1,761
154
0
I believe you should make an annual declaration regardless of activity and you may have some tax to pay. Speak to a lawyer or an accountant for professional advice.