Dormant Yield
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FAQ

Questions officeholders actually ask

Short answers. Where the law matters, we point you to the right adviser rather than guess.

Do I pay anything?

No. We charge nothing. Any referral fee is paid by micro1 and is disclosed on this page.

Will you see our records?

No. Records go only to the buyer, under its own agreement, after you have signed. Never send records to us or to anyone who asks for them before a contract.

The company was struck off years ago. Can I still do this?

In the UK, a dissolved company's property generally passes to the Crown until the company is restored to the register, so nobody can usually license its records directly. Restoration is possible in some cases; speak to a solicitor first. In the US it depends on state law and whether the company went through bankruptcy.

What about employee data?

Employee and HR records are the most sensitive part of company data. Expect them to be excluded or properly de-identified, and check whether consent or notice is needed before anything is shared.

How long does it take?

micro1 says it reviews and approves the data within 30 days, then pays within 30 days of invoice. Confirming who holds the rights can take longer than either.

I was a director, not the officeholder. Can I apply?

Usually not. While a company is in administration, liquidation or bankruptcy, the officeholder controls its assets. Pass this page to them.

Which countries are covered?

micro1's defunct-company track lists companies based in the United States, the United Kingdom, Canada, India, Australia, Singapore, Ireland, the Netherlands, Germany and France. Our rights guides cover the big four in detail: the UK, the US, Canada and Australia. Elsewhere, take local advice.

Does this work in Canada?

Yes, micro1 lists Canada. In a bankruptcy the licensed insolvency trustee usually decides; a dissolved federal corporation's remaining property generally vests in the Crown until it is revived. See our Canada guide at dormantyield.com/countries/canada.

Does this work in Australia?

Yes, micro1 lists Australia. In liquidation or voluntary administration the liquidator or administrator decides; a deregistered company's property vests in ASIC until it is reinstated. See our Australia guide at dormantyield.com/countries/australia.

Which industries qualify?

micro1 lists its defunct-company track as open to all industries. Records need to be in English, and the company needs 30 or more employees at its peak.

Our company is still trading. Is this for us?

No. This site covers closed and closing companies only. Operating companies can read data.nordicmartech.com (opens in a new tab).

Why mention the referral fee so often?

Because you should know who benefits before you click.