How to set up a company in Scotland
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.
Registering your company
Registering a company in Scotland is simple. You can register as a private limited company online in just 24 hours.
Alternatively, you can register a UK establishment of your existing overseas company. This takes longer – usually about four weeks – because you need to submit extra documents and information.
How to register your business in the UK
Choosing how to structure your business
There are several ways you can structure your business in Scotland, depending on how you intend to do business.
The most widely used corporate structures are:
- Sole trader - self-employed people usually operating a small-scale business
- Partnership - including Limited Liability Partnerships
- Limited company - either a private limited company (Ltd) or a public / listed company (PLC)
Choosing the right legal structure is important because it will affect how you run your business, the control you have over it, and your legal obligations such as personal liability of the directors of the company. A lawyer or accountant can help you decide what’s best for you.
Directors and partners
Unlike other jurisdictions, there is no requirement under UK company law to have a 'local' director. Nor is there any requirement to enter into a relationship with a local partner/shareholder to carry out business in the UK.
Get advice
A solicitor or accountant can provide advice to help you decide which structure is best for your business.
Business Gateway offers a range of support to help you set up your business and provides detailed online guidance on each type of company structure.
In this section
Business tax
Professional and legal advice
National minimum wage and salaries in Scotland
Immigration and visas
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