How much does it cost to register a company in Poland?

31/07/2022

How much does it cost to register a company in Poland?

It will cost 600 PLN to cover all the costs of the registration for the company in court. This includes a 500 PLN fee for company registration at the National Court Register and an additional 100 PLN fee for the mandatory announcement of a new LLC company, in the Court and Commercial Gazette.

Can a foreigner open a company in Poland?

Yes, foreigners may run a business in Poland, however not everyone of them. Foreigner, who wants to be an entrepreneur in Poland, needs to be a citizen of the European Union or a country that is a part of EFTA or other international agreement with the EU or Poland that regulates freedom of enterprises.

How do I start an LLC in Poland?

The LLC needs to be registered with the Polish Company Register, apply for a tax identification number (NIP) and also for a statistical number (the REGON number). The company will also need to be registered for VAT purposes.

How long does it take to register a company in Poland?

How much time I need to register company in Poland? You have two options of registration – online that would take 1-5 days, and regular with notary involved that would take 2-12 weeks.

How can I open company in Poland?

Registration: the newly created company must be registered at the National Court Register, after which it will receive a company ID, the EGON number, the NIP and statistical number. Tax registration: the company also needs to perform the VAT registration according to the applicable annual turnover values.

How can I start a small business in Poland?

First, you need to think about some aspects before filling out an application for setting up a business:

  1. Name and place of a company.
  2. Date of business opening.
  3. Form of taxation of a company.
  4. Determining type of provided services.
  5. Indication of bookkeeper.
  6. ZUS contributions.
  7. Tax office – if you want to be a VAT payer.

How much it cost to start a business in Poland?

Registration fee – approximately 600 PLN (around 140 euros) for registration in the National Court Register. Minimum share capital – the minimum share capital for a private limited liability company in Poland is at least 5,000 PLN (approximately 1164 euros).

What is LLC in Poland?

The limited liability company is the most popular commercial company in Poland. It is an appropriate form of activity, e.g. for shareholders who want to maintain direct supervision over the company’s affairs and limit the risk only to their contribution (no liability with personal assets).

What is a limited liability company in Poland?

A Poland LLC / Limited Liability Company is the most common method for an investment platform in Poland. As a separate legal entity, the Polish LLC is liable for its legal obligations, debts, loans, and judicial court judgments. The shareholders liability is limited to their contribution of the share capital.

Can I do business without company?

The government registration can be MSME registration, Shop & establishment registration or GST registration. Once you have any of the aforesaid registration, you can open a current account and can do the business in India. This type of registration is called sole proprietorship registration.

Which business is best in Poland?

Some of the Polish business sectors that enjoy favorable development include:

  • the automotive and aviation sectors;
  • the electronics sector;
  • the energy sector;
  • the food industry.
  • the IT sector;
  • the research and development sector.

How do I get a business license in Poland?

How do you register a company in Poland?

  1. Confirm that you can register a sole proprietorship.
  2. Find an accounting office.
  3. Make some basic decisions. decide which form of income taxation works best for your business.
  4. Fill out the CEIDG-1 form.
  5. Register with ZUS.
  6. Update your data in the CEIDG: bank account, and PESEL.

How can I open a shop in Poland?

Can I run a small business without registering?

You are allowed to operate a sole proprietorship without registering, but you are required to register with your local government to collect and file state taxes. There is nothing wrong with running an unregistered business as long as your business is legal and meets all licensing and tax requirements.

How can I start my own business in Poland?

The Poland joint stock company (spółka akcyjna, abbreviation SA)

  1. To start your business in Poland via a joint stock company, a minimum share capital of €23,800 (PLN100,000) is required, of which at least 25% must be paid up at incorporation.
  2. It is not mandatory for a joint stock company to list on a stock exchange.