Poland Company Registration – All You Need to Know
Poland enjoys the economic interests of the EU and the US, offering strategic access to these robust markets. The country’s largest single market status also provides a unique route to international markets and EU countries. Poland’s business ecosystem is ideal for investors and entrepreneurs to expand or begin their trade. Here’s a quick look at how to go about Poland company registration to ensure a seamless start.
Type of Business Entities in Poland
The types of companies in Poland encourage ease of doing business, and entrepreneurs will certainly not lack variety. These include the following:
- Capital Companies which include Limited Liability Companies (LLC) and Joint-Stock Companies
- Partnerships which include Registered, Professional and Limited Partnerships
- Branch Office or Representative Office
Of this list, the most popular remains the LLC due in part to the Polish Deal. This is a statute which institutes tax and other changes as of 2022. As a result of this policy, LLCs now have more incentives, including less liability on insurance, etc.
Another popular type of entity is the Limited Partnership which offers competitively low tax rates. It requires a minimum of two partners, who can also be foreign legal entities. Both LLCs and Limited Partnerships provide some of the best structures for investors, start-ups, and other highly-profitable business models.
Company Registration Process
Poland offers both traditional and modern ways to incorporate or register a company. Engaging enterprise solution providers is the most hassle-free way to begin your Poland company registration. These professionals will handle the A-Z of your business start-up needs with comprehensive and customisable services.
As a point of interest, to fully incorporate an LLC requires a court decision or order. An organisational LLC will only acquire its separate legal entity status upon gaining such an order. Hence, depending on the type of business entity, pre-registration steps as per the Code of Commercial Companies include:
- Drafting the business contract
- Appointing the First Management Board and Auditors, etc.
- Share capital contribution
- Entry of the company into the relevant register via the court registry
Alternatively, you can submit an application digitally via the National Court Register’s S24 system or its online portal. Submission requires all relevant parties, i.e., shareholders, directors, etc., to have an S24 online account. The portal provides templates for constitutional documents, etc., but others, such as a declaration of foreign status, may require additional input. The relevant parties will also need to have one of the following:
- Qualified electronic signature
- Trusted signature (ePUAP)
- Electronic personal signature
Modern Enterprise Solutions
The modern business ecosystem requires innovative pathways to ensure the best success-oriented outcomes. Our award-winning enterprise solutions are just what entrepreneurs on the hunt for reliable and cutting-edge Poland company registration need. We have an international team of experts well-versed in customising solutions that are unique to your needs. Contact us today for comprehensive packages that will help you seamlessly adopt 21st-century business practices.
