WARNING ON SCOTTISH LIMITED PARTNERSHIPS AND PSC RULES

摘要

An extension to the rules for the register of people with significant control (PSC) means that Scottish limited partnerships are set to fall under the rules, first introduced in 2016. The PSC reporting requirement came into force on 6 April 2016 and requires businesses to keep a register listing those people who have 'significant control' over any company or limited liability partnership (LLP). At the time, Scottish partnerships were excluded.