Scottish contractors' limited companies

**Cliphead** · 14 July 2011, 08:48

Originally posted by swamp View Post

Do contractors north of the border run Scottish limited companies?

Yes, why not?

**TestMangler** · 14 July 2011, 08:51

I do but my accountant is also based in Scotland and he provides registered office facilities too.

To be honest, i think it comes down to your registered office location and I know some Jock contractors who use companies incorporated in England.

**jmo21** · 14 July 2011, 08:55

Originally posted by TestMangler View Post

To be honest, i think it comes down to your registered office location and I know some Jock contractors who use companies incorporated in England.

I think this is correct, my ltd company number has "SC" at the start of it, and I think this was triggered by the address of my registred office - I don't remember filling in anything else, and the registration was done on the normal Companies House web, not any Scottish version.

**Mich the Tester** · 14 July 2011, 08:58

Originally posted by TestMangler View Post

I do but my accountant is also based in Scotland and he provides registered office facilities too.

To be honest, i think it comes down to your registered office location and I know some Jock contractors who use companies incorporated in England.

Is a Scottish LTD somehow different to an English one, and if so does it offer advantages?

**swamp** · 14 July 2011, 09:02

Originally posted by Mich the Tester View Post

Is a Scottish LTD somehow different to an English one, and if so does it offer advantages?

I'm wondering if they are cheaper.

**TestMangler** · 14 July 2011, 09:02

Originally posted by Mich the Tester View Post

Is a Scottish LTD somehow different to an English one, and if so does it offer advantages?

Nothing, other than the people being nicer

**TestMangler** · 14 July 2011, 09:03

Originally posted by swamp View Post

I'm wondering if they are cheaper.

It's been a while since I did one, but I seem to remember that if you went through any of these registration agents, rather than doing it yourself, that Scottish companies were more expensive.

**Pondlife** · 14 July 2011, 09:07

I know a number of contractors in the Oil & Gas industries have them as they use Aberdeen based accts who provide a registered address.

I did briefly but their service level was crapola. Not cos they were Scottish, just crap.

YMMV as always.

**minestrone** · 14 July 2011, 10:26

I have a little SC on the company number.

Not really much of a difference just now but the way things are going I will be paying 0% corporation tax, 60% income tax and 10% council tax. The SNP's brand of socialism scares the crap out of me.

Scottish contractors' limited companies