Company Formation in Poland

Company formation in Poland is simple as our legal team takes care of all documentation for the full setup. We offer a wide range of corporate services in Poland tailored to fit your needs, including but not limited to company formation, legal and tax advisory, bank account opening consultation, virtual office and accounting. There is also availability for Polish shelf companies with previous activity (e.g. older registration dates) and active VAT registrations. We can provide you with a turnkey solution with all support services in Poland.

The most time and cost efficient approach to register a company in Poland is to purchase a new shelf company, because the founding process can be a challenge to non-residents due to various hidden requirements (e.g. share capital payment). In most cases, non-residents opt for a new tailor-made shelf company to avoid bureaucracy as we have already taken care of all requirements. However, we do assist with new incorporations on request. We will help you to choose the best approach according to your objectives. Polish company setup pricing starts from 1580 EUR, for more information contact us for a free consultation and detailed price quote »

Company in Poland

Company Formation in Poland
Priced from 1580 euros
Remote setup in 5 to 10 days
VAT active companies available

Limited Liability Company in Poland

The Polish limited liability company (Spółka z ograniczona odpowiedzialnością or Sp. z o.o.) is the most commonform of business as its shareholders have no personal proprietary liability for the company’s obligations. Our new limited liability shelf companies are registered in the Commercial Registry with an active registration number and no previous activity – in some cases we also create the new company as tailor-made according to your order. All Polish shelf companies come with our 100% clean balance sheet guarantee and the full share capital payment of PLN 5000 registered (approx. 1200 EUR) – hence there is no need to put up the share capital as it is registered in the company cash-registry. There are no restrictions on the number or the nationality of the shareholder(s) and board member(s).

The Polish company setup can be carried out remotely with a Power Of Attorney (PoA) issued to us or by scheduling a notary appointment in Warsaw. We prepare the full package of legal documentation and submit all applications on your behalf – we only require the basic information from your side to fill and submit the documents. After the Commercial Registry has processed all changes we forward the full legal documentation to you. It usually takes about 7 business days for the registry to update their database to show the new shareholder(s), board member(s) and company information.

Step 1: Get in touch for consultation
Let us know of your target objectives and we propose the best solution for your consideration. Preliminary consultation and detailed price quotes are free of charge.

Step 2: We take care of everything
We collect the necessary information from you, prepare all documentation and forward for your confirmation. We offer full remote service.

Step 3: Start business in Poland
We take care of all applications and set up any corporate services needed. We notify you when the process if finalized and when your company in Poland is ready for business.

Corporate services in Poland

We provide a full range of corporate services in Poland including legal and tax advisory, virtual office, accounting and bank account opening support. Secretary and nominee services on request.

Our virtual office service is a flexible solution for companies who do not need a physical office in Poland. Our legal address in Warsaw will be used for registering with the Commercial Registry and as the administrative address for the company to receive postage. The postage sent to your company will be forwarded to you by e-mail (scanned copy) or by regular mail on request. We can also set up individual local telephone and fax numbers as well as a local domain name with web hosting for your company.

Our accounting department can take care of all of your Polish company bookkeeping, as well as consult about financial and tax questions. The monthly cost of bookkeeping depends on the company profile, for example on the number of transactions and payroll calculations. We can also provide the VAT registration form and assistance with its completion. Financial statements have to be submitted annually while VAT returns and social tax declarations have to be submitted monthly.

We work with several banks (e.g. Bank Pekao SA and mBank) to ensure the most time efficient opening of a business bank account for your company in Poland. To set up the account, a board member has to be present for a face to face meeting during the first application stage. The payment card and online banking security token are received in the second stage. Our team member can be appointed to receive these on your behalf and they will then be forwarded to you. Our compliance team will consult on choosing the best bank for your business and provide support through the account opening process.

It is also possible to open a fully functioning business bank account with an individual IBAN and with a VISA payment card for your company in Poland, remotely over the Internet. We have covered this option in our Knowledge Center: Online bank account with IBAN and payment card

An audit is required when two of the following criteria are exceeded for two consecutive years:

  • Annual net sales of 5 000 000 euros and more
  • Balance sheet volume of 2 500 000 euros and more
  • An average of 50 employees in the financial year

Taxation in Poland

Poland has a corporate income tax at the rate of 19% on all worldwide income of Polish tax residents, but there is also a reduced 9% rate applied in certain cases since 2019. The general VAT rate is 23%.

Polish corporate income tax is levied at a rate of 19% (standard rate). Resident companies are taxable on their worldwide income, including capital gains. As of 2019, a lower 9% CIT rate for small taxpayers has been introduced. Companies with revenues of up to EUR 1 200 000 in the given tax year and companies starting business activity from 2019 will be able, under some conditions, to use the 9% CIT rate. The gross sales revenue threshold has been EUR 1 200 000 so far, but from 2020 it will amount to EUR 2 000 000

Poland levies a 19% flat rate final tax on distributed dividends unless a tax treaty provides a lower rate or the EU Payment Service Directive (PSD) applies. The withholding tax is levied on income from participation certificates, certain debentures, vouchers and investment coupons; and interest from bank deposits and current accounts in general. The tax rate may be reduced to zero if the dividends are distributed to a EU or EEA shareholder who holds at least 10% of the capital of the Polish company (for a minimum of 2 consecutive years).

The standard VAT rate in Poland is 23% with a reduced VAT rate of 8% for certain food items, medial products, hospital services and housing and with a super-reduced rate of 5% for certain food items such as bread, dairy products, meats and selected publications. The threshold for mandatory VAT registration for taxable person with registered office, place of business or fixed establishment in Poland is sales turnover of PLN 200,000 attained in the period of 12 previous consecutive months

Social & health taxes paid by the employer: 19.21%-22.41% depending on the exact case. Poland’s minimum wage in 2019 is 2 250 PLN which is about 525 EUR/month.

Questions? Let us know!

Questions regarding company formation in Poland will be promptly answered by contacting us through the form below. Our legal team will respond shortly with more information to address your case.

Interested in starting a business in Poland? Our legal team will guide you through the process!

In the first step please let us know of your objectives for setting up a company in Poland. In the second step we propose the best solution with a step-by-step overview and a detailed price quote for company formation in Poland. In the third step we take care of all legal documentation and applications.