Company Formation Poland

The companies recognized by the Polish company law are the following:

• Polish Limited Liability Company (Sp.z.o.o.)

It is the most common type of business structure in Poland. In order to be set up, a Polish Sp.z.o.o. requires a minimum share capital of 5,000 PLN and at least one shareholder. Founders can be either individuals or legal entities, with limited liability to the extent of their shared values.

• Polish Joint-Stock Company (Spólkaakcyjna)

The minimum share capital for this type of large-sized business is 50,000 PLN. Joint stock corporations in Poland are established by one or more shareholders who want to set up company in Poland.

• Polish Limited Partnership (Spólkakomandytowa)

At least two individuals or legal entities must form a partnership in Poland. The limited partnership in Poland is different by having at least one entirely liable partner and at least one limited liability partner. Taxes are paid by each of the individuals or organizational units that form the partnership in Poland.

• Polish Civil Partnership (Spólkacywilna)

This type of structure is rather simple, this is why it is usually dedicated to small businesses in Poland. The civil partnership is also formed of at least two parts with common goals in terms of business activity, but the structure has no legal personality, nor it is registered with the National Court Registry.

• Polish Registered Partnership (Spólkajawna)

Company formation in Poland as registered partnership is destined to larger sized businesses. The partners involved have to register with the Business Activity Register in order for the partnership to acquire legal personality. The deed of association has to be completed in Polish and must be submitted with the National Court Register in order for the company to be fully functional.

• Polish Sole proprietorship

When only one founder decides to set up a company in Poland, he is thinking about a Polish sole proprietorship in terms of company formation in Poland. There is no minimum capital required and the owner and the business are regarded without legal distinction. However, the founder must be registered for paying taxes in Poland in order to meet the requirements of the law.

• Polish Limited Joint-Stock Partnership (Spólkakomandytowo-akcyjna)

This type of partnership is some way similar to the limited partnership, but it is dedicated to large-sized businesses and requires a minimum share capital of 50,000 PLN.

Partners: Company Formation Poland, Firmengründung in Polen