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Scottish Company. Scottish LP Formation. Scotland Company Registration for Non-UK Residents

KGN Services 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.

Luxembourg 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 or chat with us.

Questions? Need Advice?

Scottish LP Formation Prices

Starting at: $1890

Why Choose KGN Services?

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 Services provides the following services related Scottish Company | Scottish Company Registration:

KGN Services | Scottish LP | Scottish LP Formation

Tags: Luxembourg Company | Luxembourg Company Registration

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KEY OFFSHORE JURISDICTIONS

Latin America and the Caribbean

Europe

Middle East

Africa

Asia Pacific

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