Poland

Poland is one of the most dynamically developing states. It joined the NATO in 1999 and joined the European Union on the 1st of May 2004. Economically it is an advanced market with 38 millions of people.

Why is it worth to establish a Polish company?

  1. Corporate tax is 19%
  2. VAT is 23%
  3. In case a polish business trades with a different EU state then the VAT is zero.
  4. It is an excellent opportunity to break into a market of nearly 40 million

Limited liability company (SPZOO): The company’s capital is 5 000 PLN. This is required to be placed on the company’s bank account, but after the setting up it can be removed and used. The owners may be one or more business associations or natural person. The manager may be a foreign citizen. In Poland after the establishment of a company the company has to submit returns monthly to the tax office. The establishment of a company usually takes a week, from the date of the receipt of the required documents (founding document, power of attorney, declarations that we provide, but should be signed by the founder by the notary). Our service includes the seizure of the name, the creation of a memorandum concerning the foundation, the depositing of capital in a specified bank, the submission of documents to the Court of Registry and the registration of the company. In order to avoid unnecessary delays we usually ask 3 company names from our customers.

The following information is required for the establishment of a Polish company:

  1. Copy of the home address card
  2. Copy of the personal identity card
  3. Business areas
  4. Names of the company

In Poland the company’s tax rate is19% and the VAT rate is 23% thanks to its favorable economic environment it is an ideal investment country, as its economy is developing due to its Western-European impact, its infrastructure is advanced and more than forty million people have a strong purchasing power.

Despite of the serious ambitions, 93 % of the medium-sized companies say that they have to face barriers that hinder their exploitation. The three major pitfalls of growth are compliance with complex and costly standards, the involvement of a talented workforce, and the pursuit, acquisition and introduction of appropriate technology solutions.