Poland is always open to providing opportunities for development, business creation and introduction ideas created in non-Poles’ heads to the Polish market.
Below, we are going to discuss topics related to some technical issues and requirements for foreigners who want to start to create their own business in Poland.
Every foreigner can run a business on the same terms as Polish citizens. The choice of the form of business depends only on him/her and the terms on which he/she resides in Poland or whether he wants to operate from outside the country.
Those who have a specific basis for staying in Poland will have more options, because they can choose from all the forms of running a business available in Poland, those who do not have citizenship and do not have a residence permit also have a choice, but the number is limited.
What’s more interesting and being a great convenience for those who start their adventure with the form of a company in Poland, there is no requirement for the presence of Polish partners and Polish management board members in the company’s structure. People engaged in the company’s structure do not need to have a Polish PESEL number – it is a very important improvement that opens the way for interested people who are not residents of Poland.
Who can set up a company in Poland
Without citizenship or a permit to stay in Poland, or even without being present in the country, every foreigner has the right to establish:
- Limited partnership,
- Limited joint-stock partnership,
- Limited liability company,
- Stock corporation,
and has the right to join them, take up and acquire their shares.
Having a specific basis for staying in Poland, i.e. min. permanent residence permit, long-term EU resident permit and a temporary residence permit in several forms and under certain conditions, foreigners may establish and conduct any form of economic activity permitted by Polish law.
There are some options and the choice is entirely up to the founder.
Ways of establishing a company in Poland
There are a few ways to remotely register a company in Poland by foreigners, without the necessity to visit the country in person.
The most popular are:
- establishment of a new company in Poland through the agency of attorney granted to a law firm. Establishing a company in Poland takes about 14-30 days. The power of attorney must be granted in the form of a notarial deed, thanks to which the lawyer will be able to represent the client both before the notary and the registry court;
- company registration in Poland in the electronic form – through the online system. Establishing a company in Poland online takes in theory 24 hours, in practice 2 – 7 days. Unfortunately, setting up an online company in Poland is only possible for people with a Polish electronic signature. If you do not have an electronic signature, the only way to set up a company in Poland without an electronic signature is to grant a power of attorney to a lawyer’s office.
- purchase of a ready-made company – it takes place on the basis of a power of attorney granted to a lawyer to represent in Poland. Most often, customers decide to buy companies that did not conduct any business activity. The purchase of a ready-made company in Poland with a history is associated with the risk associated with the previous business activity.
The benefits of establishing a company in Poland
Entering the European Union market
Obtaining an entity with NIP, VAT and VAT-EU
Possibility to do business from your own country
Owners of companies or activities in Poland can use the simplified procedure for obtaining a visa or permanent residence card.
And these are just a few of the many benefits!
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