If an international company just set up a company in the UK but is actively trying to generate business by contacting UK customers and has not exceed in generating any business for the entire year. They have no employees in the UK
Would that be construed as trading for Corporation Tax Purposes or would it be considered as dormant. It is not clear from the HMRC website
The only costs the company pays is for the office address and my fees for filing the accounts.
Furthermore if dormant the losses (due to office address and accountancy fees) cannot be carried forward but can they be carried forward once the company starts trading ?