SCOTTISH LP FORMATION FOR NON-UK RESIDENTS
Scottish Company. Scottish LP Formation. Scotland Company Registration for Non-UK Residents
KGN specializes in Scottish LP Formation for Non-UK Residents and opening bank accounts.
General Information about Scottish LP
Principal Corporate Legislation
Partnership Act 1890, Limited Partnerships Act 1907.
Type of Law
Common.
Language of Legislation and Corporate Documents
English.
Type of Company for International Trade, Investment & Tax Planning
Scottish LP – Limited Partnership.
Scottish LP – Key Facts
Currency
Euro.
Exchange Control
None.
Scottish Companies: Key Aspects
Capital
The minimum capital contribution is GBP 2.
Restrictions on Trading
Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted
Registered Office Required
Each Scottish LP must have a Registered Office in Scotland.
Directors
Not Applicable.
Partners
A minimum of two partners are required for a Scottish company registration (Scottish LP) – one general partner and one limited partner. A partner can be an individual or a company. One can’t be a general and a limited partner at the same time.
Limited partners contribute an amount of money or property to the business when it’s set up and are only liable for debts up to the amount contributed, can’t manage the business and can’t remove the original contribution.
General partners control and manage the business and are liable for any debts the business can’t pay.
Publicly Accessible Records
Yes.
Nominee Partners
Allowed.
Location of Meetings of Partners
Anywhere.
Personal Presence Required
No.
Taxation
Fiscally Transparent.
Double Taxation Treaty Access
No.
Requirements to File Accounts
No.
Requirement to File Annual Return
No.
Audit Requirements
None.
Exchange Control
None.
Language of Name
English.
Restricted Words
Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.
Name of a Scottish Company
The words “Limited Partnership” or “L.P.” must be part of the name of every Scottish company.
Time to Incorporate
8-10 working days.
Scottish LP Formation Prices
Make an enquiry or request a confidential callback.
Questions? Need Advice?
Scottish LP Formation Prices
Company Name Check
Initial Business Approval
Preparation of Application Documents
Company Registration Fee
Registered Office Address in Edinburgh, Scotland for 1 year
LP Agreement
Certificate of LP Formation
Share Certificate(s)
Registers
Starting at: $1890
Why Choose KGN?
We’ve been helping business owners since 1996
Incorporating your business is our focus
We make a complex process fast and easy
We work closely with Companies Registries to guarantee our service
Fastest offshore companies & accounts – Most competitive pricing worldwide
Services related Scottish Company | Scottish Company Registration
KGN provides the following services related Scottish Company | Scottish Company Registration:
- Scottish LP Formation
- Registered Office Services
- Company Secretarial Services
- Nominee General and Nominee Limited Partners
- Opening of Bank Accounts
- Full Scottish LP Administration Services
- Mailing Address in Scotland
- Virtual Office in Scotland
- Book Keeping & Audit
- VAT Registration
- EORI Registration
- Trademark Registration
KGN Services | Scottish LP | Scottish LP Formation
Tags: Scotland Company | Scotland Company Formation