What are the Risk Associated with Scottish Lp Formation

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What are the Risk Associated with Scottish LP?

• Credit More Group Accountants

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Scottish Limited Partnership Overview

• In recent times Scottish Limited Partnerships
  (SLP) have attracted much attention in light of
  their involvement in fraudulent activities.
• Scottish LPs were established in 1907 as part of
  the Limited Partnership Act 1907 to help
  farmers with their farm holdings.
• Since then it has evolved and taken its form in
  the modern world as a popular option amongst
  private equity firms and investors.

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The Risks of Scottish Partnership

• New laws that were put in place to regulate SLPs
  last year have resulted in an 80 drop in the
  number of new SLPs reducing its popularity  
• The negative press surrounding SLPs will affect
  businesses that have been established in the
  Scottish region as it will inhibit people or
  companies from being involved with an SLP

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Risks of Scottish Partnership

• The UK government plans on implementing several
  new laws this summer along with unexplained
  wealth orders for businesses to prove the
  legitimacy of their earnings 
• The internal structure requirements for an SLP
  might change. For example, in the current system,
  it requires firms to have its principal place of
  business and domicile in Scotland but allows its
  activities to be carried out in other countries.

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What is the alternative Option for Scottish LP?

• More Group Accountants has helped several
  businesses establish companies not only in the UK
  but also internationally.
• Our head office is located in London which makes
  us an expert in conducting business in the UK.
  The best incorporation alternatives include UK
  business or company formation and Irish company
  formation.

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Alternative Option for Scottish LP

• UK Business Incorporation (Branches, Private
  Limited Company, Public Limited Company, Limited
  Liability Partnership)
• Ireland Business Incorporation (Branches, Private
  Limited Company, Private Unlimited Company,
  Partnerships)

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More Group Experts

• Our experts are knowledgeable about all
  incorporation laws in the UK and can advise you
  on how to establish a business in a preferred
  location and can also advise you on which
  jurisdiction will be the ideal one for your
  business so that it not only suits your business
  structure but also strengthens it.

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• Thank You!
• By More Group Officer