Getting business insurance in Scotland

Find out about the different types of insurance you need to have for your business in Scotland.

As a business in Scotland, under UK law you must have:

  • Employer liability insurance to cover compensation and legal costs if an employee suffers work-related injury or illness
  • Third-party motor insurance if you use vehicles in the UK

Other insurance cover that most businesses have

Although not required, most businesses have other insurance cover in place for protection. This may include:

  • Business insurance for your premises, including regular inspection and safety certifications of plant, machinery and electrical installations
  • The right type of liability insurance to cover legal costs for areas like intellectual property infringement, service failure and unfair dismissal

Getting the required insurance is important. Businesses and individuals face harsh penalties and can be fined thousands of pounds every day they are not properly insured.

Other insurance to consider

There are other types of insurance that are not legally required for your business but you may wish to consider for your business. These include things like product liability, personal indemnity, group travel and personal accident insurance.

Find out more about types of insurance for your business on

In This Section

Choosing a structure for your business

When you set up a business in Scotland, you’ll need to consider which company structure to use. It’s important you choose the right structure for your particular business.

National minimum wage and salaries in Scotland

Salaries in Scotland vary according to the type of work, the sector and where the job is located. The National Minimum Wage is the minimum rate you must pay your employees. There are now more than 1,800 Real Living Wage employers in Scotland.

Broadband, phones and IT

It’s essential your business has the right IT, phone and internet infrastructure to succeed. In Scotland, you have a wide choice of IT, phone and internet providers and services.

Business tax

Besides competitive business tax rates, Scotland offers incentives for research and development. Find out about tax requirements for your business.

Solicitors in Scotland

A solicitor can help guide you through the process, providing advice on everything from business structures, tax and insurance, to rules for employing staff, buying or renting property – and more.

Business acronyms

Acronyms and abbreviations are often used in Scottish businesses. Find the definitions of frequently used business terms in our glossary.

Accountants in Scotland

The Institute of Chartered Accountants in Scotland can help you make sure you set up your business correctly.

Immigration and visas

Find information about different visa options if you want to relocate to or invest in Scotland.

If you have any questions or want to talk with one of our advisers, we’re always ready to help.