company formATION IN POLAND

 

Dynamic economic development in Poland means that from year to year a greater number of foreigners, in particular those from the Middle East and Asia, decide to invest and open a business on Polish territory.

Limited Liability Company in Poland

LLC is the most popular Legal entity that can be formed in Poland. It is generally used by investors who want to open medium-sized and large companies and it owes its popularity to its flexible structure and relatively easy incorporation procedure. We are offering help with the whole process of Polish limited liability company formation and registration.

 

What is very important during company formation and registration process is to work professionally but also efficiently and quickly. We know well how to operating in the quickly changing business environment.

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Get professional help

If you are looking for professional service of registering companies on behalf of foreigners, our company invites you to cooperation. We guarantee full safety and quick procedure. We prepare all necessary documents and formalities, as well as arrange a meeting with a notary public on a date that suits the client.

We offer not only the establishment of a company, but also its service at further stages of business operations.

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The right kind of support

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Transparency

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Experience

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Success oriented

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Reasonable prices

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Multicultural team

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Choose for yourself one of the available packages

BRONZE

SILVER

GOLD

DIAMOND
New company Sp. z o.o. + + + +
Your company name + + + +
State fees in Poland + + + +
Share capital registered + + + +
Remote service package + + + +
Registered office address 1 year – + + +
Bank account consultation – + + +
Accounting services setup – – + +
Active EU VAT registration – – + +
Sworn translation of company registartion documents – – – +
WWW website – – – +

ADDITIONAL SERVICES FOR COMPANY INCORPORATION 

Company formation is just first step for  You to fully start your business in Poland.

We are here for you to guide you once you can focuse of developing your business and investment in Poland

 

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Sworn translation

Another version of written translation. Their specificity lies in the fact that every detail present in the original is translated, including: official stamps, annotations, explanations, in accordance with sworn translations, and each page translated has a stamp and signature of a sworn translator, i.e. on the list of sworn translators of the Ministry of Justice. Our company can help with sworn translation and we will make sure that everything is correct according to law.

Assistance in banks and corporate bank accounts opening

We are helping our clients in opening bank accounts, due to their individual preferences and specific opportunities offered by financial institutions in Poland. We will assist in identifying and opening personal and business bank accounts in reputable financial organizations. We regularly review the best banking opportunities in the market place and recommend those which we believe to be the best suited for your personal and business goals. All the banks we have chosen to work with, meet our high standards of confidentiality, have excellent reputations

Personal legal advice on the legal conditions for starting a company in Poland

We will help you with administrative and tax duties after formation and registration of the company. We can assist you with getting your new Polish company VAT registered

Virtual office

The virtual office is a perfect solution, especially for small companies that would like to start their business in Poland. We help with all formalities necessary for establishing such an office. it is a physical address of an office that can be used to establish a company in Poland and to manage it without having to maintain a traditional, physical office. The big advantage is flexibility, allowing you to work from a company main office or remotely. The virtual office provides the entrepreneur with the address necessary for registration. The best of the offices additionally offer a package of services, such as receiving incoming letters, forwarding it (by traditional mail or email in the form of scans), guaranteeing accounting support or the possibility of additional conference room rental. Our company can help with registered address for a company in Warsaw or any other city chosen by the Client.

Work permit for Company Representatives

We will help you with administrative and tax duties after formation and registration of the company. We can assist you with getting your new Polish company VAT registered

Temporary Residency

The virtual office is a perfect solution, especially for small companies that would like to start their business in Poland. We help with all formalities necessary for establishing such an office. it is a physical address of an office that can be used to establish a company in Poland and to manage it without having to maintain a traditional, physical office. The big advantage is flexibility, allowing you to work from a company main office or remotely. The virtual office provides the entrepreneur with the address necessary for registration. The best of the offices additionally offer a package of services, such as receiving incoming letters, forwarding it (by traditional mail or email in the form of scans), guaranteeing accounting support or the possibility of additional conference room rental. Our company can help with registered address for a company in Warsaw or any other city chosen by the Client.

Benefits of Limited Liability Company:

100% Foreign Ownership
  • Foreigners are owners of 100% shares in a Polish LLC. The LLC is a separate legal entity from its shareholders. The company is fully liable for all of its obligations.
100% Foreign Ownership
  • Foreigners are owners of 100% shares in a Polish LLC. The LLC is a separate legal entity from its shareholders. The company is fully liable for all of its obligations.
Limited Liability
  • The entrepreneur is responsible for the company’s obligations only with the company’s assets, which means that it is limited to the amount of contributions made by its partners.
One Shareholder or more
  • To the number of shareholders is one or more. Possibility of running a limited liability company by one person is in some cases big advantage.
One Director
  • Only one director is required to form the LLC. However, the sole shareholder can’t be another single shareholder company. Otherwise, there is no maximum limit of shareholders.
Low Minimum Share Capital
  • The minimum share capital is low – 5,000 PLN (currently 1,200 Euro). Upon collecting the company, the full cash amount must be deposited in the company’s bank account. In addition, our capital is not “frozen”, we can successfully allocate it to current fees for office rent or the purchase of furniture for the office.
Fast Registration
  • It is possible set up this company via Internet using the electronic signature. This allows you to register a company much faster than in a basic way, which makes it easier for entrepreneurs.
Accounting
  • Poland’s Accounting Act of 1994 for accounting and auditing. All accounting records must be written in Polish and use the Polish currency. The income, debts, profits, and losses for books. 
  • Full accounting allows you to control and analyze expenses, costs and sources of income received,
Inheritance
  • After the death of the owner, the company still exists.
Social Insurance
  • There are no ZUS contributions when several partners exist.
Separate entity
  • In the eyes of the law, a limited company business is a separate entity to its owner.  A sole trader and its owner are seen as one entity. A limited company director will have no attachment to the company’s actions apart from their share of the company.
Professional
  • In some businesses and industries, having a limited company can provide a more professional image.
Naming
  • Once you register your company with Companies House, your company name is protected by law

Frequently Asked Questions

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Can a foreigner open a company in Poland?

Poland is open to foreign entrepreneurs. The government is constantly takingnew steps to encourage investment in our country

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What is the minimum number of shareholder in the company?

The minimum number of shareholder in LCC company is one.

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What is the most popular company form that can be incorporated in Poland?

The most popular type of company established by foreigners inPolandisLLC–Limited Liability Company(sp. z o. o.). It’s the best way to start business in ourcountry. This form is most suitable for small and medium sized companies.

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Does the company need to have an office in Poland?

Yes, it’s mandatory for the company to have the office in Poland. But it’spossible to have the virtual office here. It’s helping with reducing the costs andworking from any location.

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What is the minimum share capital in Poland?

The share capital is the contribution of all owners of the enterprise, which theymade during the establishment of the company. The amount of share capitaldepends on the organizational and legal form of the enterprise. In LCCcompany the minimum share capital is 5 000 pln (around 1200 Euros).

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How fast can I open the company in Poland?

The company incorporation process can last around 30 days, but in some casesthe process can prolonged. Our polish team will guide you through the entireprocess of company formation in Poland.

Most effective company formation in Europe

Costs for company formation in Poland 

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Registration fee – for registration in the National Court Register.

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Minimum share capital – the minimum share capital for a private limited liability company in Poland is at least 5,000 PLN (approximately 1200 euros).

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Virtual office cost – our team offers virtual office packages that can be personalized for around 60 -100 euros/month.

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Accounting costs – the costs for accounting services in Poland start from 100 euros/month.

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Company formation service fee – we offer complete services for company formation in Poland.

              Corporate  income tax

(CIT) – 2020

Companies that are legal persons are required to settle accounts with the tax office using the so-called CIT (according to the corporate income tax rate).

According to general principles, the subject of income tax is income regardless of the type of sources of income from which the income was obtained. Income is the excess of the sum of revenues over the costs of obtaining them, achieved in the tax year; if tax deductible costs exceed the sum of revenues, the difference is a loss. (Article 7 of the Corporate Income Tax Act).

Corporate tax issues are governed by Chapter 5 of the Corporate Income Tax Act of February 15, 1992.

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