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The decision to purchase a Scottish limited company and take on the responsibilities of being a director and/or secretary will probably be one of the most important of your business life. At law, there is no legislative difference between an English and a Scottish limited company (both being governed by the Companies Acts’ 1985-1989) but the Scottish courts are independent from those in England and generally are more stringent in their interpretation than South of the Border. Before proceeding, all clients should be aware of the advantages and disadvantages of a limited company compared to either a sole proprietorship or partnership. Generally in running a company there is a little more bureaucracy but this is generally more than compensated by the protection afforded to personal assets. In addition, in the UK corporate tax levels and payment periods, especially for small companies, are often more favorable than those enjoyed by individuals. If and when the decision is made to proceed with a domestic company In A Minute Company Formations can offer a full range of professional services at very competitive rates both for members of the general and professional communities. We have put together a guide of the different types of Company. | 
