I was thinking of gifting some non-income producing (financial) assets to a dormant company I own - such as private shares in another company I own, and tangible assets such as land, freehold property and precious metals. The company wouuld not be making any transactions, or need a bank account etc.
Would that be allowed?
Note: I fully understand the tax implications of gifting assets, and the company is not registered to my home address incase anyone wants to highlight the risk of being robbed etc. (not that that would happen, given how vague the public accounting is for micro companies). I could in theory even make it unlimited, eliminating the need to file any public accounts (except maybe a connfirmation statement).