Company setting-up requirements in Scotland: establishing a limited company in Scotland is different to other parts of the county as it has its own laws and regulations. So if you are looking for advice on registering a private company in Scotland, we havethe expertise to help. There is no need to fork out for expensive solicitors when it comes to register a limited company in Alba. Coddan's team of expert consultants is on hand to answer any queries, and we do not charge by the hour for our work; rather, it's a fixed fee and the costs for Scottish company formation are highly competitive.
One of our most popular company incorporation packages in Alba, is available to order online and costs just £24.99. It is our "First Option for UK Residents" and is for a private company limited by shares. We will register your limited company using your own registered office address in Scotland, and appoint your candidates for director, secretary (if applicable) and shareholder.
Under the Companies Act of 2006, appointing a secretary to a private limited company is not required; however, we recommend that a secretary is appointed because this maintains the company structure. For a public limited company registration, a company secretary is legally required.
The standard capital for a private limited company is £100, which is simply divided into 100 ordinary shares worth £1.00 each.
The process of registering the private company in Scotland itself takes between four and six hours from when the application is made and fee paid, and the government incorporation fee is included in the company start-up package price. We also offer a guaranteed same-day private company registration if the application and payment are received by 13:30 GMT, at an all-inclusive cost of £45.00.
Additional fee-based services in the online application, which is approved by Companies House, include Coddan providing a registered business address in Glasgow or Edinburgh, forwarding of official mail overseas and general correspondence mail forwarding for one year, among others, please see our "Fourth Option For UK Residents". The provision of a registered office address in Edinburgh is included into all options for non-UK residents, who are looking to register a limited company in Scotland.
On successfully starting your private company limited by shares, we will send you the certificate of incorporation; the memorandum and articles of association; a document outlining the first meeting of the board of directors; and share certificates and a company register. Coddan Formations Agency can also assist if you wish to register a company limited by shares in Scotland but are not resident there, or if you're not a British citizen. We can act as your business start-up agent in order to carry out the process of incorporation in Scotland.
After your limited company has been registered and you're up and running in Scotland, we are still available to help you along the way, whether it's tax advice, company management or bookkeeping - whatever your needs in doing business, we are here to assist.