Step 1 · Own capital
Ours, not anyone else's.
What we do, in detail
Holding participations, accounts on time, why inactivity exempts nothing, and what we are not.
Program 01 · On our own account
Holding participations
The entirety of the registered activity. Interests held on our own account, with our own money, for our own purposes. No pooled funds, no assets held for other people, no positions taken on anyone else's behalf. The description is narrow because it is accurate, and because the word holding attracts proposals that assume something a great deal broader than what this company actually is.
Step 2 · Own account
Held for our own purposes.
Step 3 · Own records
Current, and findable.
Step 4 · Own limits
Stated rather than stretched.
Step 1 · Close
The financial year ends.
Step 2 · Prepare
Accounts drawn up properly.
Step 3 · Approve
General meeting, within six months.
Step 4 · File
Within seven, without exception.
Program 02 · Six, then seven
Accounts, on time
Accounts go to the general meeting within six months of the year end and to the National Bank within thirty days of approval, and in any event within seven months of year end. Late filing brings surcharges that grow with the delay. The part that is rarely mentioned is evidential: damage suffered by third parties is presumed to result from a failure to file, so a dispute starts with the burden pointing the wrong way.
Program 03 · The common mistake
No activity, same duties
There is no such legal category as a dormant company. A company with no trading activity still prepares, approves and files accounts on the same timetable, still keeps its beneficial ownership entry current and confirms it annually, and still owes the yearly company contribution. Three consecutive financial years without filing can end in judicial dissolution on the application of any interested party or the public prosecutor. Quiet is not the same as finished.
Step 1 · The belief
That nothing happening means nothing due.
Step 2 · The reality
Every obligation continues.
Step 3 · The drift
Years accumulate quietly.
Step 4 · The court
Three years, and it is reachable.
Step 1 · Not a firm
No investment services at all.
Step 2 · Not a nominee
We front for nobody.
Step 3 · Not a provider
No formations, no domiciliation.
Step 4 · Not advisers
Those questions go elsewhere.
Program 04 · Said first
What we are not
We manage nobody's money, provide no investment services, solicit no funds from the public and hold no authorisation to do any of it. We do not act as nominee shareholder or nominee director for anyone, we do not form companies or provide domiciliation or corporate secretarial services to third parties, and we provide no arrangement intended to obscure who ultimately owns something. We also give no legal, tax or accounting advice.