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So, why start business and register company in Poland? What are the advantages of starting a business in Poland? It does not matter if you are setting up a new company from zero in Poland or looking for opportunities in expanding your own existing business, Poland is an attractive country for the foreigners in both ways.Starting a business in Poland is attractive due to these benefits.
Reasons to open company in Poland
European Union membership and geographic location
Economic stability of the country
Attractive investment markets
Poland is more than Warsaw
Convenience in starting a business in Poland
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What can we offer for you?
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;
A running business for sale that is operating now, has turnoever, employees, etc. Choosing this type of company may ensure you steady revenue, a verified business model, also eases you the procedure of getting residence permit and ensures you unrestricted travelling through all the Schengen area in EU.
If you need some professional consultancy on how to choose the best company according to your needs and what are the cost and advantages of each type of the company, you are always welcome to contact us online as well. Also we are ready to provide some consultancy for you on legal aspects of starting a business in Poland. Our aim is to help you – to ease of doing business in the foreign country.
Types of companies in Poland
If the investors have a higher capital and want a business that can increase its capital by registering its shares at the Stock Market, they can incorporate a Polish S.A. (Spolkaakcyjna – Joint-Stock Company). In order to do so, it is necessary to provide at least 50.000 PLN for this type of company formation in Poland. The liability of its members is limited by the contribution to the capital.
Other forms of entities are the partnerships where it is compulsory for at least two parties to join in order to set it up. There are several types of partnerships in Poland such as the general partnership (where all the partners are liable for the entities actions equally and can split the profits among them) and the limited partnerships (formed by a general partner and a silent partner who has to deliver capital and has his/her liability limited by that contribution).
The company registration procedure
Company registration in Poland can be performed by a legal representative who is appointed by power of attorney. Before starting the process, it is mandatory to open a bank account where the initial capital is deposited. This procedure might require the presence of the company’s founder, but it is also possible that the foreign investor finds a bank in his own country that can help him open a bank account at the Central Polish Bank without the necessity to travel to Poland.
After preparing the above procedures, the investors are invited to register at the National Court Register and then register for tax filling system. So, further registration process is an application for an entry into the register of trade (wpis do ewidencji gospodarczej). To register a business, you need to choose one or more categories from the classification of activity. After you receive a written confirmation of a trade registration, you have to go to the National Statistics Agency (Glówny Urzad Statystyczny, GUS) to apply for a REGON number. The REGON is used on a number of other forms so you will be blocked without it. You will then need to register at the ZUS (social insurance) and apply for a tax number (NIP) at the tax office.
Company registration in Poland for VAT is only mandatory if the company performs activities in a field that is subject to VAT. The required documents for company registration for taxes in Poland are the articles of association, or the company charter, the statistical number, the REGON certificate, an excerpt from the National Court Register and the bank certificate.
You may be able to get a subsidy for setting up your business. You will need to address the department of business development (Wydzial Promocji Gospodarczej). The programmes and subsidies offered change frequently. If you are an EU citizen, you should find out what EU-programmes are available.
If client is not European Union citizen our specialists may assist you applying for a business visa.
Our Polish company formation specialists can provide consultancy related to the corporate tax and dividend tax paid by businesses in this country. To speed up the process it is possible to buy already registered polish company which can carry out business activities the same day. Our professionals can help you with registration of a company in Poland and will examine your needs and give advice on the management structure of the company. They will also help to arrange the documents and open a bank account for your company. All formalities may be fulfilled using email upon signing the agreement on services. The details of registration procedure and prices are discussed with each client individually.
If you still feel that you need some more detailed information on how to open company in Poland and how to choose the most suitable company according to your needs, also how muct time and how much money the whole procedure will take, we are always ready to help you and provide all the necessary information in all the steps of company registration procedure. So, you are always welcome to write an online message or e-mail to our team on any question you are interested in.
More you give to the professional‘s hands – more ease of doing business in Poland!