SCOTLAND LP
COMPANY
FORMATION
SCOTLAND LP
A TAX TRANSPARENT PARTNERSHIP
The internationally recognised and respected jurisdiction of Scotland offers a great vehicle for achieving a 0% tax structure for your business.
A Scottish Limited Partnership has to have a minimum of 2 partners. The partners can be persons or corporate. One (or more) of the partners is the General Partner who has the responsibility of managing the partnership and is also responsible for any of its obligations and debts. The other partner(s) is the Limited Partner who must not take part in the management of the company but is then not reliable for any future expenses or debts of the company.
The Partnership Act 1890 states that a Scottish Limited Partnership is a legal person distinct from each partner. This recognition is not afforded to an English partnership which is considered instead to be a collection of its partners with no separate legal personality. The Scottish LP has to file an Annual Return and tax declaration annually
The Scotland LP is a tax transparent company. The business itself in not taxed as an entity and instead it is the partners who are liable to pay tax on the profit of the business in their respective countries. As long as it doesn’t derive any income from the UK it is not liable to pay any tax there. For example a Scottish Limited Partnership can be made up of 2 offshore companies registered in a 0% tax jurisdiction and will then be a completely tax free structure while having the respectability and great reputation of a UK company.
Get in touch with us to start your company formation in Scotland today
SCOTLAND LIMITED PARTNERSHIP
KEY FEATURES & ADVANTAGES
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FAST AND EASY INCORPORATION PROCESS
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LOW ANNUAL ADMINISTRATION COST
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TAX EXEMPTION OR 0% TAX
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ACCOUNTING REQUIREMENTS
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PRIVACY & CONFIDENTIALITY
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ASSET PROTECTION
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PUBLIC REGISTER OF COMPANY OFFICERS
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FLEXIBLE BUSINESS LAWS
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MINIMUM PAID-UP CAPITAL £2
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NO LOCAL DIRECTORS OR SHAREHOLDERS REQUIRED
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NOMINEE SERVICE AVAILABLE
PRICING
"We are committed to providing the most competitive prices in the industry -
with no hidden charges."
Standard
$745 | €730
Company Registration
1 Year Registered Agent Service
1 Year Registered Office Address
Delivery of Company Documents
2nd Year Renewal:
$520 | €555
Privacy
$1,195 | €1,180
Everything in Standard Package
Nominee Director/Shareholder
2nd Year Renewal:
$970 | €1,005
Banking
$1,145 | €1,130
Everything in Standard Package
One-time fee for applications to up to 5 banks
Consultation on preparation of required documents
Remote bank account opening
2nd Year Renewal:
$520 | €555
COMPANY FORMATION & 2ND YEAR RENEWAL PRICE INCLUDES:
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1 year Registered Office address in Edinburgh
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Government Registration Fees
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All statutory UK filing including Annual Return and Tax Declaration
DOCUMENTS INCLUDED:
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Digital Certificate of Incorporation
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Partnership Agreement
OPEN A BANK ACCOUNT
BANK ACCOUNT FOR SCOTLAND LP COMPANY $600 | €565
Reliable and confidential banking with all standard banking facilities
We offer a great choice of jurisdictions and tailor made solutions to suit all your banking requirements
Fee payable after account opening + Free payment system account with IBAN in England or Germany
Read more about our bank account services
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MULTI-CURRENCY
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INTERNET/E-BANKING
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CREDIT/DEBIT CARDS
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MERCHANT/ACQUIRER A/C
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NEO BANKS/PAY SYSTEMS
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CRYPTO ACCOUNTS
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REMOTE ACCOUNT OPENING