Legal structures - the basics

Support provided by Business Gateway

What does this involve?

One of the first big decisions you will make when you start a business is the type of legal structure it should take. For a rundown of the options, read the free Business Gateway guide to the basics of legal structures. The guide outlines the various options:

  • sole trader
  • partnership
  • private company
  • public limited company
  • specific types of limited company
  • overseas company with a UK establishment

Am I eligible?

Yes, if you are thinking about starting, or already run, a business in Scotland.

What does this cost?

This is a free and impartial service.

Who is this for?

Any potential start-up or new business based in Scotland.

How long does this take?

The guide to legal structures is a 14-minute read.

Important information

Which legal structure you opt for has implications for your tax and National Insurance, bookkeeping and accounts, and financial liability, among other things.

Next steps

Visit the Business Gateway website for more advice on the different kinds of legal structures for a business.

Support provided by Business Gateway

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