Hi, Myself and business partner registered a new business in late January. We're keen to drive the business forward, but are a long way from launching and securing customers. We have no investment, other than the investment we'll both make personally. We've not received any payments into the business yet and expect we won't for 18 months or so. I'm wondering whether we can and / or should make the business dormant. The reason for asking this is that we're moving at a slow pace at the moment, having to try to find time some evenings to move the business forward. I'd anticipate we're 18 months away from any form of business launch. That said, we have (personally) paid for some costs, such as a one year license for collaboration software + domain names. I'm not sure if personally paid expenses qualifies us as 'trading'? Given the overhead of reporting corporation tax, the importance of getting that right and annual filing (this being the only two things I think we need to do as we're not yet VAT registered) I was thinking that making the company dormant might reduce any HMRC related overhead. It's worth noting that we have secured a business bank account also. Would appreciate some steer on this. I'm not expecting to have any clients or be able to generate any invoices (income of any kind) for some time.