Poland’s standings have been steadily improving over the recent years both in terms of economic development and in terms of political stability. The country has become much more attractive for foreign investors who open companies in Poland and purchase real property there. You are welcome to apply for a free consultation with InternationalWealth experts on registering a company in Poland. We guarantee that our legal support in the process of company formation is going to be highly professional and efficient.
Why register a company in Poland?
A business company in Poland will allow doing business in the European Union and trading duty-free with the member states. The business regulations are absolutely clear and transparent in Poland. If you export goods from the country, you can count on VAT reimbursement. The standard rate of the corporate tax is 19% in Poland. However, since 2019, it has become possible to lower it to 9% only if certain conditions are satisfied. A foreign national actively involved in business activities in the country can become eligible for a permanent residence permit in Poland. This document will allow the investor and his/ her family to freely move across the Schengen zone. With time, acquisition of Polish citizenship can also become possible. If the foreign investor is able to demonstrate good results of his/ her business activities in Poland, he/ she can apply for loans to Polish banks and participate in the local leasing programs. The investor registering a company in Poland can purchase real property in the name of the company rather than in his/ her personal name.
The company registered in Poland can open a corporate account in a European bank and the owner can have no worries about the security of the company capital. A professional consultation with InternationalWealth experts will give you detailed information about the business opportunities available in Poland.
Forms of company ownership in Poland
|Form of ownership||Types of business activities||Minimum charter capital (zł)||Taxes||Shareholders’ liabilities||Minimum number of founders|
|Limited Liability Company ( (Spółka z ograniczoną odpowidzielanością)||Any legal business activities||5,000||Income tax for legal entities, CIT declaration||Not liable for company obligations||1|
|Joint Stock Company (Spółka Akcyjna)||Any large-scale legal business activities||100,000||Income tax for legal entities, CIT declaration||Not liable for company obligations||1 or more legal or physical entities|
|Limited (kommandit) partnership ( Spółka komandytowa)||Any large-scale legal business activities||No requirements||If legal entities are partners, then CIT declaration is applicable; if natural persons are partners, personal income taxes are levied on each of them, PIT declaration required||Full partner’s liability is unlimited; limited partners’ liabilities are limited by their contributions to the charter capital||Minimum two partners one of which has unlimited liability|
|Joint-stock kommandit partnership (Spółka komandytowo-akcyjna)||Any large-scale legal business activities (often large family enterprises)||50,000||Personal income tax, PIT declaration||Full partner’s liability is unlimited; limited partners’ liabilities are limited by their contributions to the charter capital||Minimum two partners|
|Unlimited partnership (Spółka jawna)||Any large-scale legal business activities||——||PIT or CIT depending on the nature of the partners||All partners have unlimited liabilities||Minimum two partners|
|Civil partnership (Spółka cywilna)||Any small- and medium-scale legal business activities||——||Personal income tax, PIT declaration||All partners have unlimited liabilities||Minimum two partners|
|Limited partnership (Spółka partnerska)||Each partner can engage in his/ her own business activities||——||Personal income tax||All partners have limited liabilities||Minimum two partners|
Please apply for a free personal consultation on registering a company in Poland to determine what form of ownership will suit you best. Foreign nationals register Limited Liability Companies (abbreviated as Sp. z o.o. in Polish) most of the time.
How you can register an Sp. z o.o. in Poland
At the first stage, we will analyze your business objectives with the intention to determine the form of company ownership that will suit you when you register a company in Poland. If we see that the LLC will be a suitable form of company ownership in your personal case, we will start preparing for the company registration. Please bear in mind that you can have a company registered in Poland by issuing a Power of Attorney or do it online. With a Power of Attorney authorizing us to register a company in Poland for you, you will not have to pay a personal visit to the country. If you would like to register the company in Poland yourself, you will have to appear before the Registrar in person.
Please also bear in mind that you have to come up with a company name. Besides, your company in Poland will have to have a legal address in the country and we can assist with acquiring one too. In any case, there is a set of application documents that you will have to prepare when registering a company in Poland and we will discuss the issue in the frameworks of the free consultation.
You are also welcome to apply for our additional services when you register a company in Poland. For instance, we can register you as a VAT payer, fix a virtual office for you, help you open a corporate bank account, provide accounting support to your company in Poland, and so on. If you decide to issue a Power of Attorney to us, we will also need the signature samples to submit them to the company Registrar in Poland. Registering a company in the country can take between three and thirty business days.
Why you need professional consultation when registering a company in Poland
If you have never registered a company in Poland before, you are probably unaware of the procedures involved in the process and of the documents required. Similarly, you are unlikely to know what taxes you will be subject to when you register a company of a certain ownership form in Poland. InternationalWealth experts have helped a large number of foreign investors register companies in the country and we have reliable Polish partners who are highly knowledgeable about all the ins and outs of company registration processes.
If you apply for our free consultation on the matter, you will be able to ask us any questions related to registering a company in Poland. We will also gladly advise you if you are thinking of relocating to Poland with your family to manage your Polish-registered business company. Please write to email@example.com and request a free consultation on registering a company in Poland.
Why should I apply for a consultation if I want to register a company in Poland?
You will save a lot of time because you will not have to search the Internet for the required information. Besides, some information may well be outdated while we keep track of all the latest changes to the corporate legislation in Poland. In the course of the consultation, you will develop an understanding of the reasonableness of registering a company in the country. If any doubts arise, we can discuss other options (that is, other countries) with you.
How long does it take to register a company in Poland?
Registering a company in the country takes between three and thirty business days.
What documents are required to register a company in Poland?
You will have to submit your passports, the Power of Attorney (if you want us to register a company in Poland on your behalf), and notarized signature samples for all individuals who are going to sign company documents. In addition, you will have to suggest the name for your company and supply the information about its legal address (we can help with that too).