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BRIS GROUP specializes in Poland company formation
– the most popular jurisdiction of international tax planning.
Popular offshore company type:
Time of Poland company formation takes 3-4 weeks.
Personal presence is required.
Bank account can be opened in Poland or other jurisdiction
Corporation Tax in Poland: 19% (Reduced rate 9% for small business since 01.01.2019)
Income Tax in Poland:32%
VAT Tax in Poland:23% (reduced rates of 5% and 8%)
Wts.App: +44 775 479 5814
Viber: +44 775 479 5814
SKYPE: bris-group
Mobile: +44 775 479 5814
UK: +44 207 206 2487
Cz.Rep.: +42 022 888 1788
France: +33 182 888 048
Canada: +1 437 889 1960
Main Characteristics and the basic rules of Company registration in Poland
Poland Company Formation | Confidentiality and Security |
Publicly Accessible Records: | Yes, accessible |
Nominee Shareholders and Nominee Directors: | Yes, Allowed |
Disclosure of Beneficial Ownership to Authorities: | No |
Meetings of Directors and Shareholders to be held: | Anywhere |
Stability & Advantiges: | Good jurisdiction and respected reputation. Great location of the country gives the access to wide markets and to millions of consumers. |
Poland Company Formation | Financial Advantages |
Taxation | 19% Corporation tax; Withholding tax of 19 %. |
Double Taxation Treaty Access: | Yes Treaty Access |
Obligation for VAT Registration | A Polish company is required to register for VAT within 20 days of starting its business activity. Standard VAT rate 23% |
Polish Tax Information Exchange Agreements: | Yes, Poland signed Exchange Agreements |
Account Filing Requirements: | Yes accounting / reporting requirements |
Annual Return Filing Requirements: | Yes annual return/ reporting requirements |
Audit Requirements: | Auditing of the accounts is only required if the company exceeds a certain size. |
Poland Company Formation | Registration Requirements |
Share Capital: | The minimum share capital of this company type is €1,200 and must be fully paid on incorporation. The lowest permitted value of a single share is PLN 50 (appx €12) |
Classes of Share Available for Polish company formation: | Shares in a limited liability company are rights, not securities, so share certificates are not issued |
Bearer Shares: | Not Allowed |
Registered Office Required: | An sp z o.o. must have a registered office and a resident agent. The registered office must be a physical address in Poland as it is where documents may be legally served on the company |
Shareholders/Members: | Only one shareholder of any nationality, is required. May be individuals or corporate bodies. 100% foreign ownership is permitted. A shareholder register must be kept at the registered office. |
Management Board | The company must have a Management Board, which may consist of one or more members. Under Polish law, only individuals and not corporate bodies can be members of the Management Board. There are no restrictions on the nationality or domicile of the Management Board |
Directors: | Minimum number is one. Can be any nationality and need not be resident in Poland. Corporate directors are not allowed. |
Your Company language: | Polish. |
Name of your Company must be ended: | The name of your Polish company, should contain the suffix spólka z ograniczona odpowiedzialnoscia or, the abbreviation spólka z o.o. or sp. z o.o to denote Limited Liability. |
Documents required for Denmark company formation: | Proof of identity (passport, national identity card, photographic driving licence). Proof of residential address (gas/electricity bill or credit/debit card bank statement dated within the last three months) |
Poland Company Formation | Restrictions |
For Polish company formation you cannot use words in your company names without justification: | ‘Bank’, ‘insurance’ and ‘group’ require special permission. |
Restrictions on Trading: | None |
Not permitted without a licence: | Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision. |
About Poland | |
Capital city: | Warsaw |
Region: | An eastern European country on the Baltic Sea |
Political System: | Unitary semi-presidential representative democratic republic whereby the President is the head of state |
Government: | The Prime Minister is the head of government |
Governing corporate legislation: | Companies Act 2000 |
Type of Law: | Civil law tradition |
Currency: | Polish złoty |
Exchange Control: | None |
Language of Legislation and Corporate Documents: | Polish |
Time zone: | GMT+2 |
What you will receive after company formation is done:
– Incorporation act
– Tax number certificate NIP
– Statistic certificate REGON
– Registration certificate in the polish national court KRS
– Custom document for import & export EORI
– Virtual address with downtown Warsaw location for one year
– Company stamp and president stamp
This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.
Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish.