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Reasons to Set-Up a Scottish LP Limited Partnership, Why People Choose to Create a Scottish Limited Partnership

Fast start-up of a limited partnership in Scotland for UK and overseas customers: Coddan offer setting-up of limited partnerships in Scotland within 24 hours, with the option of a free business bank account for UK customers and a number of unique advantages to both UK and overseas customers.

Scottish limited partnership start-up for UK residents




This Scottish limited partnership creation is for customers, who have an address in Scotland, & want to keep it simple and paper free, within few days.

The following document will be dispatch by regular post upon the establishment of a Scottish limited partnership:

    • The certificate of registration;
    • The free & fast-track banking account with Lloyds, RBS, Barclays or NatWest (which is optional);
    • Same day limited partnership formation service is available.



This Scottish limited partnership start-up is for people who already have a registered address in Scotland & require the basic limited partnership establishment plus additional documents provided by e-mail & send by post

This Scottish LP partnership creation offer includes all services mentioned in the first option, plus:

  • The Coddan tailor-made partnership agreement; the meeting of the board of members & membership certificates;
  • The laminated certificate of partnership registration.



This package is for customers who want all the traditional trappings of limited partnership startup with impressive bound documents.

This offer includes all limited partnership incorporation benefits mentioned in the first & the second options, plus free delivery of:

  • Two printed & laminated certificates of registration;
  • Two printed & hard bound copies of the partnership agreement;
  • Two elegant printed membership' certificates; one bound copy of the meeting of the board of members, etc.



This Scottish limited partnership creation package is especially for expatriates & UK residents, who are requiring setting-up a partnership with registered office address in Edinburgh.

This partnership start up offer includes all limited partnership creation benefits mentioned in the first two options, with the addition of:

  • The registered office address in Edinburgh;
  • The government mail forwarding; & the certificate of the registered office address;
  • Additional services are available.

Scottish limited partnership creation for non-UK clients




This Scottish limited partnership creation is exclusively for non-UK customers, who are requiring open a Scottish limited partnership with registered address in Edinburgh.

The following items are included into this limited partnership establishment offer:

  • The certificate of registration, the partnership agreement;
  • Two membership' certificates & meeting of the board of members;
  • The registered office address, mail forwarding & certificate of the registered office address.



This limited partnership set-up package is especially for non-UK customers, who are requiring opening a limited partnership with registered address in Edinburgh & nominee limited member.

This Scottish limited partnership incorporation offer includes everything in the first option, together with the advantages of:

  • The provision of a nominee limited partner; signed power of attorney;
  • The signed, undated resignation letters from nominee member;
  • The agreement for the provision of the nominee service.



This is one of the most common limited partnership creation packages, which comes with a nominee general partner, as an option for the nominee limited partner, & registered address in Edinburgh.

This Scottish limited partnership start-up offer includes everything in the second option, plus the following enhancements:

  • The provision of a nominee general partner & the signed power of attorney;
  • The signed & undated resignation letters from nominee members;
  • The agreement for the provision of the nominee service.



This is our most comprehensive Scottish limited partnership startup package with all partnership registration documents verified by a notary public in & certified by the Apostille stamp.

This limited partnership incorporation in Edinburgh offer includes everything in the third option, plus:

  • The certification of all partnership documents including the power of attorney by a notary public;
  • The final verification of documents by the Apostille;
  • Additional services are available.

Establish a limited partnership in Scotland, Scottish LP partnership start-up online!

Limited partnerships in the United Kingdom still operate according to the 1907 Limited Partnership Act, but there are differences between the English, Northern Irish and Scottish legal systems with regard to how this is implemented. Choosing to open a Scottish limited partnership with Coddan, offers substantial benefits in comparison to partnerships elsewhere in the UK.

Set-up a Scottish LP online - limited partnerships across the UK are based on the distinction between limited partners, who have a funding role and bear only limited liability should the partnership default on its debts, and general partners, who have a far more operational role, increased responsibilities and full liabilities in case of default. Coddan is an industry leader in the provision of these arrangements and, by choosing to create an LP in Scotland; UK and overseas customers can avail of a unique legal status that allows the partnership to act as a separate legal personality.

Establish a Scottish LP with the trusted registered agent - the start up of a limited partnership used to be a laborious process, but Coddan has developed a paperless registration process that can form a Scottish limited partnership in less than 24 hours. Our Scottish LP establishment software is approved by the Registrar of Companies and with the years of experience and extremely competent culture of Coddan, we can help our UK and overseas customers to operate, conduct business and manage their tax affairs in the most tax efficient ways possible.

Are you looking to open a limited partnership in Scotland & need to know more how to set-up a Scottish limited partnership?

Scottish Limited Partnership Formation

Forming an LP partnership in Scotland with Coddan: starting-up of a limited partnership in Scotland is different from other parts of the UK, and you need expertise to ensure it is done properly. That is why the team of limited partnership creation consultants at Coddan are the best choice when considering establishing this type of partnership in Scotland. We will provide initial advice and guide you through the entire process. We have a range of exceptional services for our clients, including providing an official registered address in Edinburgh, which can be invaluable for those without a presence in Scotland or who are foreigners. We also provide ongoing services such as bookkeeping. Talk to our expert consultants today: + 44 (0) 207.935.5171 or +44 (0) 330.808.0089.

Create a limited partnership in Scotland: advantages to setting up a limited partnership in Scotland

Establish a Limited Partnership in Scotland

The establishment of a limited partnership in Scotland can be hugely beneficial for your business. This because, unlike in England and Wales, they can be separate legal entities, allowing them to enter contracts, purchase property and begin court proceedings. Tax transparency is also an advantage. With a Scottish limited partnership, only respective partners are assessed for taxation, with the partnership itself paying nothing.

If you'd like to understand more about limited partnerships north of the border, then give Coddan Ltd a call. Our team can talk you through the Scottish LP startup process and help you to take your partnership to the next level. We also have a range of Scottish LP post-formation packages to help you keep abreast of regulatory requirements once you're up and running.

While there are a number of companies that offer limited partnership creation services for businesses that wish to be based in Scotland, Coddan Ltd is proud to offer a team of experienced legal experts that cover the entire range of services that are linked to this activity. If you need assistance with any of the financial and legal processes that are vital for a limited partnership to remain in good standing, we can provide everything from key business insights to help and assistance with the drafting and submission of these documents – this all begins with the official formation of the Scottish LP itself.

If you are looking to form a limited partnership in Scotland set up as quickly as possible, the team at Coddan Ltd has the experience that is necessary to get everything up and running as quickly as possible - this can even be carried out on a "same day formation" basis if it is required. In general, a minimum of two named individuals is required to create a limited partnership in Scotland, and we can arrange for the provision of a nominee partners (nominee directors) if necessary - this facility can be used if it is desirable to maintain a certain level of anonymity.

In order to make the limited partnership a valid and legal arrangement, a number of documents need to be submitted to Companies House, and Coddan Ltd can ensure that this is carried out in a timely manner. By using our many years of experience in dealing with Companies House, we can keep returned documentation to an absolute minimum, leaving you free to concentrate on the business activities that really matter to your Scottish limited partnership. HMRC is another government organisation that will require documentation to be submitted for tax reasons, and we apply the same levels of professionalism to ensure that you do not incur unnecessary penalties that are applied to limited partnerships with insufficient paperwork.

Useful Tip With Regards To The Annual Obligations

Useful tip with regards to the annual obligations

Unless the Partnership Accounts (Regulations) 2008 are applied there's no obligation for a limited partnership to file annual returns or submit accounts to Companies House. What they will need, however, is to file their annual tax return to the HMRC. Your Scottish limited partnership does not need to file an annual return with Companies House, you need to prepare and file the annual tax return with the HMRC only. If you fail to file those reports, your Scottish LP will be fined by the tax authorities. For more information, please contact us.

To find out more about how the team at Coddan Ltd can get your limited partnership formed in Scotland with a minimum of fuss, please get in touch with us on + 44 (0) 207.935.5171 or +44 (0) 330.808.0089 - you can also send us an email. For more details about the full range of services that we offer newly formed limited partnerships, including assistance for the opening of bank accounts, please take a look at our website for more details.

We feel that by offering a complete portfolio of services to cover every stage in the life of a limited partnership, we form a unique partnership with business leaders that is the envy of the business services.