Establishing a Company in Scotland
Scotland is located in the northern part of the British Isle, with England to its south, and open seas in all other directions - the Atlantic Ocean, the North Sea, the North Channel, and the Irish Sea. In addition to the primary Scottish mainland, Scotland also encompasses some 790 minor islands. The country is known for its breathtaking vistas, enchanting lakes, long rugged beaches, and ancient castles.
The independent Kingdom of Scotland was founded in the Middle Ages, however, beginning in the 18th century, it has been under the sovereignty of the United Kingdom of Great Britain, alongside Wales and Northern Ireland. Establishing a company in Scotland offers entrepreneurs access to a wide range of markets, where it serves as an entry point into the British market, the European market, and outside of these as well.
Edinburgh serves as Scotland’s capital city and the seat of the country’s parliament, while its largest city is Glasgow. English is the principal language of Scotland and is spoken with the distinctive and unique Scottish accent. Roughly 5.4 million people call Scotland home, and the local currency is the Pound Sterling (GBP).