SAOG11400 | 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.