Company Formation Poland

CHECK COMPANY
NAME AVAILABILITY (Step 1)



Articles

Company Act Poland

Updated on Thursday 28th April 2016

Rate this article
5 5 1
based on 1 reviews


Company-Act-Poland.png

Business activity regulation in Poland

 
The Polish Company Act consists of several separate Acts that govern how companies are incorporated and operated in Poland. The Companies Act, the Accounting Act, the Act on the National Court Register provide the governing laws, along with the Commercial Companies Code and the Act of Freedom of Economic Activity.
 
Poland allows foreign individuals to conduct business activities under the same rights as Polish citizens. This rule applies to foreign investors from the EU and EEA member states, foreigners who have obtained a residence permit or a work permit in Poland. Foreigners from other countries are subject to operating only certain types of companies in Poland. Our Polish company formation experts can help you with detailed information if you want to know everything about the legislation applicable to foreign investors in Poland.
 

Types of Polish companies

 
According to the Polish Company Act, there are several types of companies that can be incorporated in Poland:
- sole proprietorship;
- civil partnership;
- registered partnership;
- limited partnership;
- professional partnership;
- joint-stock partnership;
- joint-stock company.
 
Apart from these business forms, foreign investors can also open branches or subsidiaries in Poland. Our team of company formation agents can offer you detailed information about each type of company.
 

Requirements for Polish companies

 
All types of companies in Poland must be registered in the National Court Register. The legal entity must also be registered with the tax authorities and the social security office. All companies registered in the National Court Register must file annual financial statements and Polish law also requires some types of companies to observe audit and accounting requirements.
 
Polish companies are required to have management bodies.  The Board of Directors makes important decisions and supervises the management of the company. The Board can appoint members of the executive board. Polish limited liability companies are required to have a Board of Directors of the initial share capital exceeds 500,000 PLN and the company has more than 25 shareholders. Companies in Poland must have a bank account opened in their name in order to deposit the necessary minimum share capital required for incorporation. Our company formation specialists can offer you more information about the minimum share capital for each type of Polish company.
 
Companies in Poland may choose to terminate their activities voluntarily (voluntary liquidation) or they may be forced by a Court decision to cease functioning (Court liquidation). Company dissolution and liquidation are specific processes that should be handles by company formation representatives in Poland.
 
For more information about company formation in Poland, please contact our team of consultants. We can provide more information about the types of Polish companies as well as guarantee complete and professional company management services.
 
 
 

Comments

There are no comments

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Poland

Call us now at +48 42 663 65 03 to  set up an appointment with our lawyers in Poland. As a CGO Legal Counseling client, you will beneficiate from the joint expertise of local lawyers and international consultants for opening a company in Poland.

We offer:

- cost-efficiency: competitive company formation prices;

- prompt response to your inquiry (maxim 24 hours);

- free and complete legal information featured on our site, at your disposal.

Online Incorporation

tax-calculator-poland

Tax Calculator

tax-calculator-poland

Testimonials

Francesco-Dagnino.jpg

BridgeWest takes great care of selecting its affiliates worldwide and Poland is no exception.

Francesco Dagnino, Partner of
Lexia Avvocati
www.LawyersItaly.eu

Read more testimonials

We Recomment ClientPedia

This website is marketed by ClientPedia

Banner-Promoting ClientPedia-244px.jpg