Company registration in PolandThe economic development of Poland offers many opportunities for setting up a new businesses. Economy in Poland is rather flourishing, especially due to its private business sector. By doing business in Poland investors can access subsidies and tax allowances, and there are special economic areas (Specjalna Strefa Ekonomiczna) within which development incentives are offered. So, the Polish government encourages foreign investments in Poland by signing Double Tax Treaties with a large number of countries and by offering a wide range of incentives for entrepreneurs who decide to come from abroad and start a company in Poland.
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Reasons to open company in PolandFirst of all, it is useful to have an operating company in Poland because the country belogns to EU. Second, Poland‘s geographic location offers to the foreign investors numerous advantages for business. The country is located at the very heart of Europe and it borders the other EU members (Germany, Czech Republic, Slovakia and Lithuania) and the Eastern European countries (Ukraine, Belarus, Russia). Great location of the country gives the access to wide markets and to millions of consumers. Also, numerous of airports and seaports allow the transport of goods all over the world. For setting up company in Poland, it is a country not only with many business opportunities but also with a transparent legal system, a developed and stable financial system. Poland was one of the few countries that has coped well with the global recession. Moreover, Poland has the largest economy in Central and Eastern Europe and the sixth largest economy in European Union. Also, it is worth mentioning the transparency of Polish law: the vast majority of foreign investors can enter the market without the need to have a local partner. When it comes to attractiveness, Poland is the eighth country in a top of preferences of foreign investors. The main industries in Poland are auto, coal mining, chemicals, shipbuilding, food processing, beverages and textiles. It is estimated that 36% of the foreign capital is invested in manufacturing. The other main sectors that attract capital to Poland are financial services, transports, logistics and data transfer. Polish agriculture is an area that begins to represent an increasingly more attractive investment opportunity. Also, due to the high growth of Polish economy in recent years, the real-estate market is another area that cought the investors’ attention. Almost all well known global corporations can be found among the tenants of office buildings, shopping centers, industrials and logistics sites in Poland. Germany, USA and UK are the main investors when it comes to company formation in Poland. Approximately 60 percent of the investors decisions – investments are made outside Warsaw. It shows that the country is attractive for doing business in Poland not only because of it‘s capital Warsaw, as it is a very common thing in many countries in Europe. For example, commercial real estate sector is rapidly developing in other cities like Krakow, Wroclaw, Tri-City, Poznan, Katowice, Lodz, Szczecin and Lublin. Krakow has been listed as one of the top 10 cities of the best locations for the outsourcing sector. Generally, all the above mentioned cities in Poland are full of various business opportunities, are very attractive from the business perpective and quite simple in order to register company for the foreigners. In addition to the above mentioned benefits and business opportunities of starting a business in Poland, registration process of a new company or acquisition of an already established company is very fast and the process is simple because it does not require much money and time. In addition, there are not so many cultural aspects of doing business in Poland that you should know before starting to open company in Poland. Especially having in mind that you will probably not face any language barrier since many people in Poland are fluent in other foreign languages like English and Russian. Without the above mentioned benefits of having a company in Poland, there might be many questions why start business in Poland, how to do this and what are the legal aspects of this process that you should know. And even if you are already interested in setting up a new business in Poland, you may still face many questions how to start the process and how much time it will take. So, besides the advantages of having a company in Poland that you are already familiar with, we are ready to share some valuable information on what are the legal forms of the business that you can have in Poland and how does the registration process looks like.
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What can we offer for you?The process of company registration in Poland consists of several stages. There are many legal forms of the companies in Poland but first of all you should pay attention what is the most important for you and your business goals. When choosing the legal form of the company, you should also decide if you are interested in setting up a new company from zero or you are willing to buy an already established business (i.e. business for sale). Cost of the company is also related to the type of the company that you choose. So, for your own convenience, our company may accordingly offer you:
- A new from zero established company with your prefered company name and all the necessary internal documentation package (i.e. new company registration and business license if needed);
- An enterprise that has been already established but no business activity has been executed;
- An enterprise that has been already established and had been operating for some time but due to some reasons no business activity is executed now;