Setting up a Business in Poland

Overview by Globlatrade.net:

Legal Forms of Companies

Types of Companies and Capital (Max/Min) Number of Partners/Shareholders and Liability Registration Fees
The Spolka ackjna (SA) is the equivalent of a public limited company.
 
 
100 000 PLZ of which 25% will be paid up on registering. (Minimum nominal value: 1 PLZ)
3 minimum
 
 
Liability is limited to the amount of capital contributed.
Fixed registration fee: PLN 1,010; Notary fees: 0.4% of the capital; Stamp duty: PLN 21; Registration for VAT: PLN 170; Registration in the Register of Businessmen: PLN 1,000; Publication: PLN 500.
The Spolka zoograniczona odpowiedzialnoscia (ZOO) is close to a limited liability company
 
 
5,000 PLZ (Minimum nominal value: 50 PLZ).
1 minimum
 
 
Liability is limited to the amount of capital contributed.
Fixed registration fee: PLN 1,010; Notary fees: 0.4% of the capital; Stamp duty: PLN 21; Registration for VAT: PLN 170; Registration in the Register of Businessmen: PLN 1,000; Publication: PLN 500.
 
 

Business Setup Procedures

Administrative Formalities
The articles of incorporation must be drawn up by notarial deed. The competent regime is that of the Commercial Tribunal where the headquarters of the company is located. The Clerk of the Tribunal is responsible for advertising the registration. An application must be sent to the Central Office of Statistics to obtain a number.
The Competent Organization
The Polish National Court Trade Registry.
Time Necessary for Registration
One month

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