Zero reporting: why submit If there’s no activity

Many entrepreneurs believe that if a company hasn’t conducted any transactions—no goods, sales, or employees—they simply don’t need to submit reports. This is a misconception. Even in a dormant state, a registered legal entity is required to submit zero reports: declarations, statistics, and forms to social security funds if the organization was previously registered.

Zero reporting confirms the absence of activity, but preserves the company’s status, current accounts, and the ability to resume operations in the future without re-registration. Missing a submission can result in fines, account blocking, and problems with restoring records.

Even with zero turnover, it’s important to fill out all forms correctly: indicate zero income and expenses, show account balances, and confirm that there is no cash flow. Many forget to submit statistical reports or forms for social security funds—this is a common cause of complaints from auditors.

If a company has had zero transactions for several months or even years, the smartest solution is to entrust the filing of a zero return to professionals. This will avoid fines, preserve legal status, and allow for a smooth return to business in the future.

 

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