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Section 481: Companies excluded from dormant companies exemption

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 16: Audit — Chapter 1: Requirement for audited accounts

A company is not entitled to the exemption conferred by section 480 (dormant companies) if it was at any time within the financial year in question a company that—

is a traded company as defined in section 474(1),
is an authorised insurance company, a banking company, an e-money issuer, a MiFID investment firm or a UCITS management company, or
carries on insurance market activity.

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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.