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Set up Sp. Z.O.O. Polish Company

Updated on Thursday 28th April 2016

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The Polish Limited Liability Company

 
A Polish limited liability company, abbreviated Sp. z.o.o, 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. Our company formation experts in Poland can offer you more information about other types of companies in Poland.
 

The characteristics of a Polish Sp. z.o.o

 
A Polish limited liability company has legal personality and it may be incorporated by one or more individuals or legal persons. The minimum share capital needed to incorporate a Polish Sp. z.o.o is 5,000PLN (approximately 1,180 euro) and the minimum value of one share is 50 PLN. The share capital can be divided into shares of equal or unequal value. The company is fully liable for its debts and obligations, without any limitations. 
 
Any Polish limited liability company is subject to the general taxation principles applicable in Poland. Our Polish company formation experts can offer you additional information about the corporate tax in Poland and other applicable taxes, like the dividend tax.
 

Incorporating a Polish limited liability company

 
The first step for incorporating a Polish limited liability company is to draw up the Articles of Association in the form of a notarial deed. The Articles of Association must contain general information about the company, such as the business name, its registered seat, and the objectives of the company, the amount of share capital and the nominal value of the shares. Information about the shareholders and the management board is also contained in these incorporation documents.
 
The shareholders are not liable for the company’s obligations, however, their financial risk is limited to the amount invested in the company’s share capital. The main governing body for any Polish Sp. z.o.o is the Shareholders’ Meeting and the company is represented by a management board composed of at least one individual. Supervisory Boards are mandatory for limited liability companies which have an initial share capital that exceeds 500,000 PLN and have more than 25 shareholders.
 
If you are interested in investing in Poland, our company formation agents can offer you detailed information about attractive investment opportunities and can provide complete company management services in Poland. Our team of company formation consultants is part of a wide network of business consultants, accountants and legal advisors, therefore if you need company incorporation services or legal advice in another country, such as US, we can put you in contact with our partners.
 
Our company formation representatives in Poland ca assist you in various legal procedures and provide services for a virtual office in Poland. Please contact our specialists for more information about our services.
 
 
 

Comments

  • Mohammad Shahbaz 2014-12-07

    I would like the requirements for register a Polish sp.o.o for General Trading Business with one individual foreigner (Pakistani Citizen). Thanks & Regards Mohammad Shahbaz

  • Bridgewest 2014-12-09

    Dear Sir, Thank you for your message. There are no specific requirements if you are a Pakistani citizen. For more details and prices please contact us via the website's contact form!

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