Start a Company in
Poland
Poland, as part of the European Union, offers favorable conditions for starting a business thanks to its stable economy and access to the European market. To conduct most types of business activities in Poland, you will need to set up a company—a process with which we can assist you.
here's what you need to know
- There are no restrictions on number or nationality of shareholders
- Low corporate income tax (CIT) at 9% (for revenue up to 2 mln EUR) and 0% of tax for profit retention (Estonian CIT),
- 5% of tax for income derived from IP rights in Innovation Box scheme,
- The minimum authorized capital of the spoolka is only 5,000 zt (approximately 1,250 euros).
- You can get a residence permit in the Republic of Poland on the basis of your business, you do not need to be physically present on the Polish territory and you can operate your business remotely.
Why us?
Responsibility
We take responsibility for our actions and results.
Integrity
We strive to provide the highest level of consulting services
Accuracy
We adhere to high ethical standards
Individual approach
Our individual solutions are focused on customer needs
Prepatory Stage
- Determine the services you will provide
- Choose the unique name for your company
Compile the documents
- Prepare copies of your passport, proof of address for yourself and any directors or shareholders.
- Register a PESEL and create a trusted profile (Profil zaufany ePUAP), or,
- physically visit a notary in Poland.
Submission & Final Approval
- Prepare articles of incorporation for corporation
- Submit all documents to the registrar
Complete the Initial Questionnaire
- Fill out a short form with basic company and contact details
- Indicate your business activity and countries of operation
Choose Your Account Type and Services
- Select between personal, business, or merchant account
- Choose additional services (e.g. multicurrency support, online banking)
Undergo Compliance Check
- Wait for the bank's initial due diligence
- Respond to any additional compliance questions or requests
Account Activation
- Receive final confirmation from the bank
Our solutions include:
- Preparing monthly, quarterly and yearly management accounts, cash flow statements for management purposes.
- Preparing annual financial statements.
- Attending to the auditors during review of the company’s financial records.
- Administering the payroll process, including calculating and crediting of the net remuneration to individual employee’s bank account.
- VAT consultancy, support registration VAT number, filing VAT-returns and reclaiming foreign VAT
- Other financial reports
Accounting required documents:
- Company bank statements for the accounting reference period.
- Sales orders/invoices.
- List of customer’s deposits and pre-payments outstanding.
- Purchase invoices from suppliers, both paid and unpaid.
- Cash Expense receipts.
- Inventory listing.
- Documents pertaining to purchase, major repair and sales of fixed assets.
- Detailed payroll information.
- Any other related documents i.e. bank loans, lease agreements, insurance.
Streamline administration with our expert help
- Legal address & contact person
- Banking account opening assistance
- Accounting
- Tax consulting
- Company formation
QA
What is NIP?
NIP is the tax identification number automatically assigned to every Polish company during its establishment. While NIP is also used as a VAT number, activating VAT status requires a separate application.
Can foreigners establish a Limited Liability Company in Poland?
Yes, foreigners, including individuals and corporations from the EU and non-EU countries, can freely register a company in Poland without restrictions.
Is a single-shareholder company allowed in Poland?
Yes, single-shareholder companies are permitted. However, if the sole shareholder is a private individual, they must pay social security contributions to ZUS (Social Insurance Institution).
What is the KRS number?
The KRS number is a company registration number assigned to every business upon registration in the National Court Registry.
Which type of company is more popular in Poland: Limited Liability Company or Joint Stock Company?
Limited Liability Companies are significantly more popular than Joint Stock Companies due to their flexibility and much lower maintenance costs.
Can a company’s registered office be under a virtual address?
Yes, a virtual address can be used as the company’s registered office.
What is the corporate income tax rate in Poland?
Polish companies pay corporate income tax at either 9% or 19%, depending on their turnover, with the threshold set at €2 million.
-
Banking ServicesOpening a bank account in Hong Kong
Hong Kong remains one of the top international business hubs in Asia, offering a favorable tax regime, strong financial infrastructure, and global connectivity. Whether you’re setting up a trading company, a holding structure, or a startup, one of the most essential steps is to open a corporate bank account in Hong Kong. However, due to […]
-
Banking ServicesOpening a business bank account in Cyprus
Cyprus has long been recognized as a leading European jurisdiction for international business. With its favorable tax regime, EU membership, and a well-developed banking system, it’s no surprise that entrepreneurs and investors choose to set up their companies here. Whether you’re forming a new company or expanding operations, one of the first steps is to […]
-
Banking ServicesOpening a business bank account in the UAE
The United Arab Emirates (UAE) has become one of the world’s most attractive destinations for entrepreneurs and international companies. With a strong financial system, a business-friendly environment, and no corporate or personal income tax in many jurisdictions, the UAE offers a strategic base for global business. If you’re planning to start or expand your operations […]