POLAND POLAND SERVICES

Business Set up in Poland

Do you want to start a business in Poland? Welcome to our guide on how to set up a business in Poland. Here we will provide basic information and guidance on how to start a business in Poland. For in-depth knowledge contact our experts at Enterslice. We will assist you in setting up your business in Poland.

Benefits of Doing Business in Norway

The benefits of doing business in Norway are as follows:

Strategic Location

Well-educated population

No language barrier

Trade opportunities and investment incentives

EU Membership

Stable Economy

Innovation and Technology

Investment Incentive

Market Potential

Tax-friendly location

Manufacturing Hub

Different Types of Business Structures in Poland

 

Partnerships

A partnership is known as “Spόłka jawna, sp. J”. It is one of the basic business structures in Poland. A partnership has no separate legal entity in Poland. Therefore, the liability of the partners is unlimited. There is no share capital requirement for this form of business structure.

Professional Partnerships

Such a partnership is known as “Spόłka partnerska, sp. P.” A professional partnership is run by freelance professionals. Usually, this type of partnership is formed by professional engineers, architects, legal counsels, doctors, nurses, and midwives. An applicant going for company formation in Poland must ensure that freelance professionals commence this form of business structure.

Limited Joint-Stock Partnership

This business structure is known as “Spόłka komandytowo-akccyjna, SKA”. General meetings must be conducted for this form of partnership. The initial capital required for forming this type of entity is PLN 50,000.

Corporations

Corporations are known as commercial companies or “Spόłka z ogranicxoną odpowiedzialnością”. Shareholders as well as directors would be appointed for this type of entity. The minimum share capital required is PLN 5000. For the process of company formation in Poland, this form of business structure is popular.

Joint-Stock Companies

This type of entity is also known by the term ‘Spółka akcyjna’. The minimum capital required for forming this type of company is PLN 100,000. This type of entity is similar to an organization that lists shares in stock exchanges. This type of entity is suitable for the public and a large number of shareholders.

Simplified Joint-Stock Companies

This type of entity is also known as the term ‘Prosta spółka akcyjna’. Such entities are utilized for start-up companies and firms that have limited investment. The minimum share capital for this type of entity is PLN 1. A board of directors, as well as shareholders, are appointed for these companies to carry out decisions.

Branch Office

A foreign company going through the process of company formation in Poland can utilize this form of entity. Usually, the activities which are carried out in the parent state would only be conducted by this form of company in Poland. This entity must be registered in the registry court. Separate books of accounts must be maintained by this form of company in the Polish Language.

Representative Office

A foreign company going through the process of company formation in Poland can utilize this form of entity. A representative office can only carry out marketing and promotional activities for the foreign head office. This entity must be entered into the foreign company register of offices. Registration would be valid for a period of two years for this form of office.

Different Types of Taxes in Poland

 

Corporate Income Tax

Value-Added Tax

Custom Duty

Excise Duty

Property Tax

Stamp Duty

Transfer Tax

Retail Tax

Sugar Tax and Tax on Alcohol

Capital Tax

Taxes on Financial Institutions

Payroll Tax

Minimum Income Tax

Exit Tax

Minimum tax on buildings

Diverted profit taxes

About our Services

Enterslice is one of the leading management consultancy firms which offers end-to-end business set-up, financial, regulatory, taxation, legal, and advisory services to early-stage businesses, start-ups, entrepreneurs, and large corporate houses across the globe.

Our Poland Entry Strategy services involve the following services:

About Poland Entry Strategy

Our Poland Entry Strategy is classified into the following:

Business Set-Up Services

Business Structures available in Poland are Partnerships, Professional Partnerships, Limited Liability Partnerships, Limited Joint-Stock partnerships, Corporations, Joint-Stock Companies, Simplified Joint-Stock Companies, Branch offices, and representative offices. Our business set-up services include advisory related to the type of business structure you should opt for to set up business in Bangladesh. Our team will assist you in the business registration process, in opening a bank account for the business, and in post-registration compliance.

Consultancy on Managing the Business

Our consultants formulate a strategic plan for establishing and operating the business depending on your business needs. We formulate a budget and develop cash flows for your business. We also review internal control processes and conduct business reviews. We provide advisory for issues related to the management of the business.

Legal Advisory Services

Our legal experts provide legal advice on business operations, finances, IP protection, etc. We also draft legal necessary papers for your business, and review and compile the required Paper works. We also ensure that all legal and regulatory compliance are duly complied with.

Accounting and Audit Advisory Services

Enterslice also provides complete bookkeeping services, assuring the proper maintenance of different accounting records. This involves keeping thorough and organized financial records, such as cash books, general ledgers, fixed asset registers, and accounts receivable and payable sub-ledgers. In addition to audits, Enterslice also provides financial reporting and accounting guidance. They aid in the production of accurate financial accounts, ensure conformity to accounting standards, and offer qualified advice on difficult accounting matters. The accounts and financial statements are prepared to reflect the true and fair view of the company’s operations. On behalf of our clients, we ensure that the accounting and audit requirements are fulfilled. We also provide bookkeeping services.

Tax Advisory Services

Our Tax Experts assist in filing tax returns electronically. Usually, the calendar year is taken for computing the corporate income tax however, the companies may choose a different fiscal year. We assist in the computation and filing of tax returns and also provide advice relating to various types of taxes.

Intellectual Property Advisory Services

Our IP Experts assist in IP Compliance. We assist in getting IP registration by filling out applications for registration and compiling relevant necessary papers. Our team of IP experts also advice on IP compliance and IP Protection. We also assist in enforcing IP rights against any infringement.

Employer on Record Services

An Employer of Record (EOR) is an entity that legally employs workers on behalf of another business. An EOR is fully responsible for all aspects of employment, including compliance, payroll, taxes, and benefits. Our team can act as an EOR and help in onboarding the employees for our clients with the best part being that the clients shall have control on f the daily activities and responsibilities of their employees.

Frequently Asked Questions

Poland is a low corporate tax rate country. The personal income tax rates generally range from 12% to 32% and the corporate tax rate is 0%. Apart from this, additional tax incentives are provided.

Poland is located in the centre of Europe. It is a perfect location for companies to do business and export their products both to the East as well as West. Currently, Poland is witnessing a digital transformation and innovation.

The benefits of opting for Enterslice for your business set-up in Poland are as follows:

a) Professional Support

b) 24*7 Customer Support

c) Highly Integrated IT Team

d) Tailor-made solution for our clients

e) Competent Team of Lawyers, CAs, Cost Accountants, CSs, and CPAs.

f) All-inclusive solution for our clients

Yes, Enterslice helps in choosing the type of corporate structure in Poland depending upon your business wants and the financial resources available.

Our Offerings

Why choose Us

15+ years of Industry Experience.
Global Network of CPA’s, CA’s and Attorney’s
Million Satisfied Clients.
Globally recognized consultancy with a presence over 22+countries.

Why Enterslice

24x7 Client relationship support desk.

Tech-enabled service delivery platform.

Dedicated foreign Investment desk.

50,000+ Network of Lawyers/Attorney’s/CPA/CA/CFA.

Strong team of Inhouse Lawyers/Attorney’s/CPA/CA/CFA

 

Individual and Dedicated professionals on every assignment.

We register 100+ Companies every Month.

Connect with Enterslice today to connect with our team of Skilled Professionals, to avail any of our Premium Services.

If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.

We partner with more than 100+ companies

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