After registering my company through Osome, is it compulsary for me to register for corporation tax or should I skip it?
Yes, after registering your company through Osome, it is compulsory to register for Corporation Tax with HM Revenue and Customs within three months of starting any business activity. This includes activities such as buying or selling goods, providing services, advertising, renting property, employing staff, or earning interest.
If your company is currently dormant that is not trading or carrying out any business activities you are not required to register for Corporation Tax immediately. However, once your company begins trading, you must register within the same three-month period.