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keeping business account

  • 23-09-2017 4:23pm
    #1
    luiggi
    Registered Users, Registered Users 2 Posts: 3 ✭


    Hi,
    We have a limited company, we did very few operations the first year, after that  we havent done much, but because we are registered for taxes we have to keep filing tax retuns, even thoug they are nil. The company has some assets and creditors. We would like first pay the creditors and get rid of the assets , then  deregister for taxes ceasing trading . We would like to keep the busines account open for a couple of years more and then decide. Is it possible to cease trading and keep the account open? The reason is that it would be very difficult due to poor credit rate to open a new one if we needed it. Thanks


Comments

  • #2
    ACADasltiv
    Registered Users, Registered Users 2 Posts: 79 ✭✭ACADasltiv


    Yes. While you can cancel your tax registrations, you will however need to continue filing the AR and accounts for the Company yearly even if it's not trading.


  • #3
    luiggi
    Registered Users, Registered Users 2 Posts: 3 ✭luiggi


    Thanks a million for your answer! Actually, I am filling the AR accounts at the moment , the financial statemnts need to be in pdf but I have a question. Can I convert the word document accounts document into a pdf directly  and send it to CRO or do I actually need to print them , scan them,  and then send them as pdfs?


  • #4
    y0ssar1an22
    Registered Users, Registered Users 2 Posts: 17,750 ✭✭✭✭y0ssar1an22


    luiggi wrote: »
    Thanks a million for your answer! Actually, I am filling the AR accounts at the moment , the financial statemnts need to be in pdf but I have a question. Can I convert the word document accounts document into a pdf directly  and send it to CRO or do I actually need to print them , scan them,  and then send them as pdfs?

    you can save the word document as a pdf and upload those on core


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