Journal logo

Know About The Criteria And Requirments For The Company Formation In Poland

Criteria And Requirments For The Company Formation In Poland

By B PrasadPublished 3 years ago 3 min read
Like

Poland is the European Union's fifth-biggest member state, with several business centers and hubs. Warsaw, Poland's economic and commercial center, draws investments from throughout the world. In Poland, new technological options are emerging that provide unique techniques for testing various types of items. These sectors attract greater investment in terms of R & D to get government tax advantages to carrying out various types of businesses. Another reason why firms from all over the globe desire to do business in Poland is because of the manufacturing activity and low labor costs. Thus, an investor can blindly do a company formation in Warsaw with our help.

Eligibility Requirements For Starting A Business In Poland

  • Minimum Capital:

For business registration in Poland, the minimum capital is necessary. Limited Liability Companies must have a minimum capital of PLN 5000, Limited Joint-Stock Partnerships must have a minimum capital of PLN 50,000 and Joint-stock companies must have a minimum capital of PLN 100,000. If the applicant wishes to establish a business in Poland, the minimum authorized capital is PLN 1.

  • A Number Of Directors:

The minimum number of directors required for corporations and joint-stock companies is one.

  • A number of shareholders required:

As a shareholder, you must nominate a natural person. This type of business must have at least one stakeholder. A corporation cannot be made a shareholder.

Company Formation In Poland:

An applicant trying to do business in Poland must complete the steps outlined below:

Commercial Companies:

  • The articles of association must be signed by all shareholders who have subscribed to the firm. This operation would be carried out using a notary deed as the format.
  • After this is completed, the shareholders must submit the required paperwork.
  • Following the receipt of the paperwork, the shareholders' contributions must be paid, and the company's name must be placed into the business register.
  • In conformity with Polish law, continuous compliance is necessary.

Partnerships:

  • To begin, all of the partnership's participants must sign the partnership agreement.
  • The articles of organization must be signed by the partners in the form of a notary deed in addition to the partnership agreement.
  • After this procedure is completed, the partnership's name must be filed in the company registry.

Joint Stock Companies:

Under Polish law, the method for creating joint stock businesses is comparable to the procedure for forming commercial companies.

Offices In Other Cities:

  • A branch office is a company with a registered office outside of Poland.
  • A decision on the establishment of a branch office in Poland must be made by the board of directors and managers.
  • The legal needs of the firm in the foreign state would determine the establishment.

Required Documents For Company Formation:

To create a business in Poland, you'll need the following documents:

Information about the business, such as the name of the company and the registered office address.

  • Activities carried out by the company
  • Information on shareholders and the number of shares possessed
  • Minimum Amount of Subscribed Share Capital
  • Partnership Agreement (For a partnership)
  • Count of Representative Shares taken by the shareholder
  • Company Term
  • Notary Deed
  • Articles of Association and Memorandum of Association
  • How Do We Help You?

    We, being the finest Business Supporters of company formation in warsaw we can help you with the following services:

    • Fill out all your forms.
    • Submit your documents for approval.
    • Track your formation progress.
    • Safe, secured, and timely deliverables.
    • You can get a callback whenever you are confused.
    • No need for additional compliances for expanding your company service.

    Bottom Line:

    If you are wondering for someone who can be by your side and help you form your company, “Progress Holding” is the right stop. We will deploy and maintain your deliverables securely.

    business
    Like

    About the Creator

    B Prasad

    I am a blogger. I Like to read and write good content which contains good knowledge. For my website please visit Healing Arenaa. On this website, I post health related content.

    Reader insights

    Be the first to share your insights about this piece.

    How does it work?

    Add your insights

    Comments

    There are no comments for this story

    Be the first to respond and start the conversation.

    Sign in to comment

      Find us on social media

      Miscellaneous links

      • Explore
      • Contact
      • Privacy Policy
      • Terms of Use
      • Support

      © 2024 Creatd, Inc. All Rights Reserved.