Scotland was an independent kingdom in northern Europe and continued to exist until 1707. Now Scotland is a part of the United Kingdom and occupies the northern part of Great Britain.

Area – 78 772 km²

Capital – Edinburgh

Government – The autonomous government within constitutional monarchy

Scotland forms its own legal system. A unique model of limited liability partnership – the so-called Scottish partnership, SLP, may be formed under the Limited Partnership Act, adopted by the Parliament in 1907. Since SLP is a legal entity, it may possess different assets and property, attract new investors as limited partners, sign contracts and take loans.

Benefits of offshore registration in Scotland:

  1. Unlike English LLP, SLP is not obliged to submit the financial report to the registry;
  2. is not subject to audits;
  3. requires no additional costs for bookkeeping;
  4. files zero tax return.