Does age go company play a role at all?

[Mthis]

Hi guys,

I have an old company that i am considering to wind down. This has been inactive for a few years now.

My main business/company is still active and is my main trading company.

Is it worthwhile to keep the company for future property/development opportunities. are there any benefits of having an "established" entity vs opening a new one?

 

[datto]

Can you sell the company?

 

[GreyGhost]

Annual ASIC fee per annum for having a company doing nothig vs deregister and cost of opening a new company down the track.
Are there any nasties hidden in this company from years ago?

 

[Mthis]

No hidden nasties. No accumulated tax losses.

Basically as said above, is it worth annual fees VS ANY benefit in using an "existing" company down the track as opposed to opening a new company?

 

[Jamie M]

Not a big drama but if applying for finance - lenders will want proof that it's not trading and has no ongoing liabilities (accountants letter works).

Cheers

Jamie