Registration Of A Company Or A Partnership In Scotland

SCOTTISH LIMITED COMPANY

A Scottish limited company is simply a UK limited company that has been incorporated at Companies House in Edinburgh.

What are the requirements for the registration of a Scottish Limited Company?

A registered office address in Scotland; Directors' details (at least one is required); Shareholders' or guarantors' details (at least one is required); Named Company Secretary; A Memorandum of Association; Articles of Association; Share capital (companies limited by shares only). Information about People with Significant Control (PSCs) For more information on UK companies, please refer to:

UK Company fact sheet

UK Company formation article (Frequently Asked Questions)

UK Company in a nutshell

SCOTTISH LIMITED PARTNERSHIP

In Scotland the partnership (legally known as a firm) is a legal personality distinct from the persons composing it.

According to the Partnership Act 1890:

"In Scotland, a firm is a legal person distinct from the partners of whom it is composed, but an individual partner may be charged on a decree or diligence directed against the firm and on payment of the debts is entitled to relief pro rata from the firm and its other members."

A Scottish limited partnership must consist of:

one or more persons known as general partners, who are responsible for the management decisions and for all debts and obligations of the Partnership; one or more persons known as limited partners, who do not participate in the decision making of the Partnership and who cannot be held liable for the debts and obligations of the Partnership beyond the value of their capital contribution. It is recommended (although not legally required) that a private written partnership agreement is concluded between the general and limited partners.

The Partnership should keep records of its...