Company Formation in Scotland
Europe
Overview
Scotland, particularly through its Limited Partnership (LP) structure, offers a unique and highly reputed jurisdiction for international businesses. While not a traditional offshore center, it provides significant tax advantages and access to global markets for non-resident firms. These entities benefit from a prestigious European identity, enhanced trust from banks and partners, and are exempt from corporate income tax, accounting, reporting, and audit requirements, provided their primary business activities are conducted outside Scottish territory.
Our Process
Step 1: Partner Identification
Identify and appoint at least two partners, who can be non-resident individuals or companies, as required for a Scottish Limited Partnership (LP).
Step 2: Document Preparation
Prepare the partnership agreement and other necessary incorporation documents.
Step 3: LP Registration
Submit all documentation for official registration of the Limited Partnership with Companies House.
Step 4: Bank Account Opening
Facilitate the opening of a corporate bank account, often in an international jurisdiction, as Scottish LPs typically operate internationally.
Key Requirements
- Minimum 2 partners (can be non-resident individuals or companies)
- Registered office address in Scotland