Can I hold a dormant company on Afirmo for free?
Yes. If you own a NZ company that is not trading and has no GST or Income Tax obligations to file, you can hold it on a free Afirmo organisation.
What "free" means:
- No monthly or annual subscription
- No tax returns filed (the company is dormant, so nothing to file beyond any nil returns IRD may require)
- Historical data stored for reference
When the company starts trading again:
- Upgrade to a paid plan
- Set up Tax Agency Authority
- Link bank accounts
- The team picks up active filings from there
To set up a free organisation for a dormant company, message live chat with the company name and IRD number.