Registering a company in Poland is more convenient for those who need to expand their business in Europe, as Poland is located in Central Europe and is close to the economic powerhouses of Europe. For those who need to plan their taxes, Poland has no customs duties and no exchange controls. Businesses can take advantage of low and tax-free policies to legally avoid taxes and fees.
Investors who choose to set up a company in Poland need to prepare the following documents:
1.Company name: No special restrictions, but sp. at the endz.o.o (Bowen "Limited Liability Company" abbreviation).
2.Business scale: You can choose 2 main businesses, 7-8 non-main businesses, a total of less than 10 industries.
3.Registered capital: Polish companies are lower than PLN 5,000 PLN, and there is no higher registered capital requirement.
4.Shareholder directors: To set up a company in Poland, the directors can be either local residents or foreigners. If you are a foreigner and you are staying in Poland for no more than 6 months per year, you do not need a work permit. At least 2 shareholders, no requirement for company secretary.
5.Shareholder directors: copies of valid documents such as ID cards and passports of shareholder directors, address certificates, etc.;
6.The client signs the application documents prepared for the client (e.g. POA power of attorney, etc., which can only be provided after receiving the client's basic shareholder and director information) and all documents are required to be translated into Polish;
7.The POA power of attorney needs to be notarized and translated, and the translation fee is included in the registration fee.
Procedures for Polish companies.
1.Company name verification and inquiry: customers can provide a few more English, the name of the Polish company can be expressed in various languages, but there must be sp. at the endz.o.o (Bowen "Abbreviation for Limited Liability Company").
2.Shareholders, directors and company secretaries: Directors can be either local residents or foreigners. If you are a foreigner and you are staying in Poland for no more than 6 months per year, you do not need a work permit. At least 2 shareholders, no requirement for company secretary.
3.Registered capital and paid-up capital: The minimum registered capital is about 5,000 PLN (1,250 euros), which does not need to be deposited into the account (can be held in cash). After registration, the funds can be used as the company's working capital.
4.Business scope: Registered company in Poland, can be engaged in any business activities such as production, sales, service and import and export.
5.After the name is determined, the shareholders, directors, registered capital, business scope and other information are provided as legal documents.
Poland company registration requirements.
1. ID cards and passports of shareholders and directors, if they are not Chinese nationals, proof of address (water, electricity, gas and bank card bills) is also required.
2. The minimum registered capital of a Polish company is 5,000 Polish zlotys, and the registered capital needs to be paid in full, but after the company is established, the registered capital can be used as the company's working capital.
3. Poland's naming requirements for companies are relatively relaxed, but it is also best to prepare about three names to avoid duplicate names.
After the company name, shareholder information, business scope, etc. are selected, they are sent to the notary office, and the notary office can draft the articles of association only after receiving this information. After the notarization of the articles of association is completed, the application for registration of the company can be submitted to the court.
Considerations for Poland company registration.
1.Poland's legal system is cumbersome, and in order to avoid detours in the process of registering a company, companies or individuals should strive to familiarize themselves with the relevant Polish laws while hiring a professional lawyer.
2.It is necessary to hire a Polish lawyer and accountant, and to register a company in Poland, it is necessary to hire a professional Polish lawyer and accountant from beginning to end, otherwise it is difficult to complete the registration of the company.
3.Before investing, it is necessary to choose the form of company to be registered, and different forms have different business scales.
4.After the normal operation of the company, it is required to file regular tax returns every month. Individual income tax needs to be filed with the tax office of the employee's place of residence by PIT-4**, and paid by the 15th of the following month.
5.The lingua franca of Poland is not English but native Polish, so it is necessary to hire a professional person to take care of the relevant matters in the process of registering a Polish company.