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HMRC internal manual

Senior Accounting Officer Guidance

What is a qualifying company: entities that are not qualifying companies

The following are not qualifying companies:

  • Partnerships (LLPs, LLCs and general partnerships)
  • Crown estates
  • Public bodies
  • Building societies
  • Industrial and provident societies
  • Co-operative and Community Benefit Societies
  • Foreign-incorporated companies
  • Foreign-incorporated companies that are UK resident by virtue of central management and control
  • UK permanent establishments of foreign companies
  • Controlled foreign companies.

However any of these entities may own companies which meet the qualifying company conditions for Senior Accounting Officer purposes.