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Does that mean any form of negative credit/personal implications, are there any costs? The only thing I ve ever wound up is my ex wife, and the casette when my car cassette player didnt work ;)

sorry to hijack, I have a PTY LTD with a trust attached , its been doing nothing since 2011, I pay the $270 odd ASIC fee every year on the advice that my accountant says to keep it open in case I do a development project, as reopening would cost $1k+ Im a tite wad, can I put it to sleep...