Société à Responsabilité Limitée en Pologne + Siège à Varsovie+ Adresse Commerciale avec renvoi de courrier International + Enregistrement à la TVA + Compte bancaire dans la banque de votre choix: PKO, Millennium, BNP Paribas, City, ING, Nest, etc. + Comptabilité pour la première année (Le tout à distance, sans nécessité de se déplacer)Number
Administrators
Taxes on
companies
Capital
Released
States
Financial
2.250 €19%0 €Yes

Additional costs

Virtual Addressincluded
The head officeincluded
Online banks with IBAN in England, Belgium, Luxembourg or Lithuania500 €
Additional Bank Account in Poland600 €
Bank Account in Switzerland1.000 €
Offshore bank account1.000 €

 

Setting up Companies in Poland

 

Company Registration in Poland SP Z.O.O.

Poland is a country located in Eastern Europe. The country is a member of the European Union and is also part of the Schengen area. In addition, Poland is a party to the Hague Convention.

Warsaw is the state capital.

Polish is the official language.

The Polish zloty is the currency unit of the state. The accepted international abbreviation is PLN.

Nowadays Poland is the state with a stable political system, as well as a constantly developing economy. Poland is focused on the development of a free and open market and active strengthening of private entrepreneurship.

Economic development has been slower in the recent period, but is nonetheless permanent and supported by deep and effective social reforms. Today, Polish economic legislation is fully in line with the high standards of the European Union. About 70% of Poland's exports come to EU countries.

Factors such as the stability and predictability of the economy enable many entrepreneurs to make a decision in favour of registering the company in Poland.

 

Forms of trade in Poland

The Private company with limited liability (SP z oo), analogous to English LTD;

The Public Limited Liability Company (PLC), analogous to American LLC.

The legislative framework in Poland

  • Law on Business Activities (1999);
  • Law on Commercial Companies (2000).
  • Registration of Private Limited Liability Company (SP z oo) in Poland - Main provisions
  • The minimum authorised capital is equivalent to PLN 5,000. At the same time, 100% of the indicated amount will be paid at the time of registration;
  • The zoo lSP can only have one founder if it is a natural person and at least two - if the shareholders have corporate status;
  • The company secretary is not required;
  • The company may issue registered and preferred shares;
  • Meetings of shareholders (directors) should be held annually;
  • The SP zoo company in Poland is required to submit audited financial statements after 3 months from the end of the subsequent financial year;
  • Beneficial Owner Information may be disclosed by order of the court directing the registers;
  • The name of the company in Poland should be prepared in Polish.

 

Registration of a limited liability company (SA) in Poland.

the minimum authorized capital is PLN 100,000, and 25% of the amount will be paid at the time of registration;

The lSA company in Poland may offer shares for public sale;

At least one shareholder is required for the operation of a corporation;

Directors may be non-residents of the Republic of Poland, while directors are prohibited;

The company must employ a secretary, who is resident in Poland.

Sp. The companies z oo and SA in Poland with the participation of foreign capital can be called Joint Venture. Their activities are governed by the Commercial Code, as well as by the Act "On Enterprises with Foreign Participation" of 1991. Amendments were introduced in 1996 and are also relevant for both foreign and Polish capital.

Polish legislation does not set requirements concerning the percentage of foreign capital participation. Thus, the company can be completely foreign (100% of foreign capital) or joint (foreign capital in conjunction with the Polish capital).

The company in Poland, in which more than 50% of foreign capital is registered, is recognised as a foreign economic entity. As regards this company in Poland, there are instructions directly related to foreigners (when purchasing real estate in Poland, etc.).

A company in Poland, in which more than 50% of the members of the board of directors are foreigners, is also recognised as a foreign entity, as well as a company, in which the foreigner has the majority of votes, has the same status.

The company in Poland with the foreign capital in force must have permission to conduct business in such spheres:

    • Management of airports and/or seaports;
    • Shares with real estate;
    • Military industry;
    • Wholesale of foreign-produced consumer goods (only construction materials, as well as raw materials and various semi-processed materials used for production, and vehicles are not considered as consumer goods in Poland);
    • Provide legal services.

Accounting in Poland

The company in Poland must submit reports three months after the end of the reporting year. The documentation must be subject to official verification.

 

Taxes in Poland

It should be noted that in recent years the country's tax system has changed considerably. The aim of the changes is to create a more flexible tax system and to bring it into line with the tax systems of the European Union countries. Company registration in Poland provides for the payment of:

  • Tax on all income (regardless of where the profits were received)
  • Corporate income tax at the rate of 19%.

 

Please note that all foreign exchange transactions in Poland are subject to close supervision by the supervisory bodies in order to protect the national currency.

More than 80 agreements on the avoidance of double taxation have been signed by Poland.

In Poland there are also more than 10 free economic zones, where the company is entitled to apply for full exemption from paying taxes. Such an exemption can be granted for a maximum period of 5 years.

Registering or buying a company in Poland implies obtaining an efficient and operational instrument in Europe. Registering the company in Poland will be a quick and easy task using our help. Registration of companies, trusts, partnerships in different countries of the world is one of the main directions of our work.

If you are interested in setting up companies in Poland, contact our experts!

 

General Information

Total Area181 Km².
Population68.480 hab.
CapitalMajuro
Unemployment36,00%
Type of GovernmentConstitutional government in free association with the United States
Time difference in Paris+9
Area Code+692
Corruption Perception IndicatorN/A
LocationOceania, two archipelagic island chains of 29 atolls, each composed of many small islands and five isolated islands in the North Pacific Ocean, about halfway between Hawaii and Australia.
Climate, Maximum and Minimum TemperaturesTropical; Hot and humid; Rainy season May to November; Typhoon band at the borders of the islands; Avg. Maximum temperature + 30°; Avg. Minimum temperature + 25°; Avg.
Literacy Rate93,70%
Ethnic GroupsMarshallese 92.1%, Marshallese mixed 5.9%, other 2%
National CurrencyUSD
Exchange against USD1
GDP per capita2,500 USD, ranked 149th in the world
Official LanguageMarshallese
Credit RatingB+
Judicial BodiesSupreme Court, Supreme Court, Traditional Law Court
ExecutiveHead of government: President (also Head of State). Government: Cabinet appointed by the President from among the members of the legislative authority.
LegislativeLegislative Assembly of the Marshall Islands - Nitiyela (33 seats)

Company Information

Authorized Pre-incorporated CompaniesNo
Legal SystemCommon Law
Local HeadquartersYes
Types of EntitiesLimited Liability Company, Corporation, Partnership & Limited Partnership, Foreign Maritime Entity
Time limits for incorporating a new company2 weeks
SuffixAny standard company suffix or abbreviation thereof, e.g. Corporation, Incorporated, Limited, Société Anonyme, Aktiengesellschaft, Société Anonyme, Sociedad Anónima, Sociedad Anónima, Société Anonyme à Responsabilité Limitée, Berhad, Propriétaire, Naamloze Venn
Local Registered AgentNo

Shares & Capital

Reference CurrencyUSD
Minimum authorized share capital$ 1
Minimum paid-up share capital$ 1
Minimum issued share capital50,000 USD
Authorized Bearer SharesNo
Terms of payment of the Issued CapitalNo restrictions
Standard authorised capital50,000 USD
Time limits for the payment of the Authorized CapitalNo restrictions
Standard Value of the Nominal Shares$ 1
Shares without par value allowedNo

Taxation

VATNo
Taxes on Capital GainsNo
Foreign Exchange ControlNo
Corporate Income Tax0%
Stamp DutyNo

Directors & Secretaries

Minimum number of Directors1
Residency Requirement for DirectorsNo
Companies as Authorized DirectorYes
Public DisclosureNo
Corporate Secretary requiredYes
Residency requirement for the Secretary No, but recommended for residence, compliance and VAT registration.
Qualified secretary requiredNo
Secretary's Residence RequirementNo
Companies as Authorized SecretaryNo

Shareholders & Beneficiaries

Minimum number of shareholders1
Public DisclosureNo
Residency requirementNo
Disclosure of BeneficiariesNo
Companies as authorized shareholdersYes
Meetings / frequency / locationIf / every year / anywhere

Financial Reports

Obligation to file accountsNo
Publicly accessible accountsNo
Audit requiredNo
Obligation to file the annual declarationNo
Publicly Available Public Accountability StatementsNo
Obligation to prepare accountsNo
Treaties on Non-Double Taxation12
Member of the OECDNo

Prices include all business and official taxes. If official function rates or exchange rates are changed, prices may vary.
Prices include all legal and official fees. Our prices may change during the registration process only in case of changes in official taxes or exchange rates.