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Hi and sorry if this was already asked before but I couldn't find any information.
I'm looking to claim audit exemption on the basis of a dormant company. Could someone clarify what are "permitted liabilities"? The company only owes to it's shareholder/director and has no other liabilities however I have doubts whether this can be classed as permitted liability?
Thank you
I'm looking to claim audit exemption on the basis of a dormant company. Could someone clarify what are "permitted liabilities"? The company only owes to it's shareholder/director and has no other liabilities however I have doubts whether this can be classed as permitted liability?
Thank you