Poland is one of the most common European legal systems in which it is possible to register different types of companies – Limited Liability Company – SP. z o.o. The minimum share capital of SP. z o.o. is 5000 zł 1250 EUR.
Z O.O (LLC) REGISTRATION CONDITIONS Regardless of this, it should be noted that other forms of tangible or intangible assets are used as authorized capital; You need to draw up the founders’ agreement in advance and have it certified by a Polish notary. Depositing the authorized monetary capital into the company’s account is optional, provided that the amount does not exceed LPN 50,000. If you want to set up a company in Poland, please also note that you must keep accounting documents in order to do business.
Timeline The period to register an LLC Company in Poland engagement is approximately 4-5 weeks. It includes the Engagement planning company incorporation, corporate bank account approval, corporate internet banking approval, engagement completion.
Fees Registration fee – approximately 600 PLN (around 140 euros) for registration in the National Court Register.
Compulsory regulation According to officially government information, The minimum number of founders in the Management Board of the company: 1. The minimum authorized capital is 5 thousand LPN (about 1200 EUR). Participation fee – at least 50 LPN; Making an entry on the registration of the company in the KRS court register for assignment of legal status; Obligatory receipt of TIN, which is issued once upon registration of an enterprise; The term for registering a company is from 3 days to 2 weeks; It is possible to open a business remotely in Poland.
Documents You should provide the list of the following documents:
passport; proof of address; legal address approval; name reservation application; articles of organization; the Polish Trade and Companies Register registration number.
