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Frequent Asked Questions about Polish Company Formation

Updated on Thursday 28th April 2016

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Frequent-Asked-Questions-about-Polish-Company-Formation.jpg1. Can a foreigner open a company in Poland?

 
Poland has a good foreign investments policy and welcomes foreign entrepreneurs. The Special Economic Zones are the best indicator that the Government is taking steps for encouraging foreign companies.
 

2. What are the types of companies that can be incorporated in Poland?

 
The limited liability company, the joint-stock company, general partnership, limited liability partnership, limited partnership, limited joint-stock partnership, civil partnership or sole proprietorship are all available business forms in Poland.
 

3. Does the company need to have an office in Poland?

 
Yes. A registered office is needed for any company incorporated in Poland.
 

4. What are the steps for company incorporation in Poland?

 
After choose the appropriate company type the business owner must find a suitable and available business name. The company must be registered at the Polish Trade Register and it must also be registered for VAT purposes.
 

5. What is the minimum share capital in Poland?

 
The minimum share capital for a limited liability company is 5,000 PLN while for a joint-stock company this capital is larger, at 100,000 PLN. Certain types of partnerships in Poland will also require a minimum share capital.
 

6. What are the requirements for opening a bank account in Poland?

 
The company representative must provide company documents in order to open a bank account for the company. The process can be done online for most banks in Poland and the administration fees for the account will vary according to the chosen bank.
 

7. Do you need special permits and licenses in Poland?

 
Permits, licenses or authorizations are needed for certain activities like banking, pension funds activities and those in other investment funds, insurance activities or collective water supply or waste removal activities.
 

8. What are the taxes for companies in Poland?

 
The corporate income tax in Poland has a rate of 19%. Other Polish taxes include the real property tax, capital duty, stamp duty, transfer tax and others.
 

9. How fast can you start a new business in Poland?

 
The company incorporation process can last 30 days, at most. With the help of our team of Polish company formation consultants you can begin business activities as soon as possible.
 

10. What are the reasons to invest in Poland?

 
Poland is attractive for foreign investors because of its economic stability, large consumer market and a favorable location in Europe. The Special Economic Zones are uniquely designed to provide the most advantageous business environment and incentives.
 
For more detailed information about how to open a Polish company and advantages for business owners you can contact our Polish company formation experts.
 
 
 
 

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