Cost of Company Dissolution in the UK
The cost of dissolving a company in the UK depends on various factors, such as the complexity of the company’s affairs and whether you seek professional assistance. If you choose to work with a service provider like **Business Globalizer**, the cost typically falls within a **reasonable range**, covering the filing fee, expert support, and compliance assistance to ensure a smooth process.

Dissolution costs may vary if additional steps like debt settlement, asset distribution, or document preparation are required. It’s advisable to consult with a professional service to get a clear understanding of the expected costs based on your company’s specific situation. Learn more here: [UK Company Dissolution Service] https://businessglobalizer.com/services/uk-company-dissolution/

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### What Happens If You Do Not Transact for a Long Time?
If your company remains dormant and does not transact or conduct business for an extended period, it is classified as a **dormant company**. Companies House allows dormant companies to remain registered, but there are specific obligations to maintain compliance:
1. **File Annual Confirmation Statement**: Even dormant companies must submit this to Companies House.
2. **Submit Dormant Company Accounts**: You must file annual accounts stating that the company has had no significant transactions.
3. **HMRC Notifications**: Notify HMRC about the dormant status to avoid unnecessary tax filings.

Failure to comply with these obligations could result in penalties or the company being struck off the Companies House register. If you no longer plan to use the company, dissolving it may be a more practical option to avoid ongoing responsibilities.

For professional assistance in dissolving your company and ensuring compliance, explore our services: [UK Company Dissolution Service] https://businessglobalizer.com/services/uk-company-dissolution/

With **Business Globalizer**, you can streamline the process, minimize costs, and avoid future complications.