1. What is the VAT in Poland? The VAT rate in Poland is 23% since 2011. However, there are still exceptions applied for several goods and services. The VAT rate is 8% for tourist services, transportation, health-care, newspapers, water distribution or construction and renovation of houses, while a 5 ...

Polish accountants provide specialised advice in financial matters and are also competent for setting up a company in Poland and registering it. There are approximately 6,300 accountants in Poland, with an average age of 57 years old. Polish accountants who belong to the Chamber of Certified Public ...

1. What is the corporate tax in Poland? The Polish corporate tax rate is 19%, being among the most inexpensive tax rates in Europe.  2. What is the VAT in Poland? The VAT rate in Poland is 23% since 2011. However, there are still exceptions applied for several goods and services. The VAT rate i ...

Polish law allows many forms of doing business on its territory. In conformity with The Code of Commercial Companies, published in The Official Gazette of Poland No. 94, pos. 1037, the main categories of enterprises are as following: a) Polish Sole proprietorship (Dzia?alno?? gospodarcza) It is t ...

Polish law permits doing business on its territory, both by natural persons and legal entities. The same rules apply both to polish business entities as foreign entities. An entrepreneur may chose from various corporate forms, when interested in founding a company in Poland, depending on the country ...

Next to the Polish Limited Liability, the Joint Stock Company is one the main type of legal entities in Poland. It can be established by one or more individuals or corporate entities, with a single limitation: a Limited Liability Company with a sole shareholder cannot set up a Joint Stock Company. ...

A Polish shelf company or a readymade company could be preferred over the creation of a newly formed corporate entity for a number of reasons, such as providing clients with additional confidence or a quicker method to start doing business in Poland. Nevertheless the foreign investor must note that ...

The Polish National Court Register (NCR) or the Trade Register in Poland was founded according to the Act adopted on 20th August 1997 on the National Court Register. It is developed and organized by the Polish Ministry of Justice. Since 2001 it constitutes an electronic base of data containing infor ...

There are plenty of company types available in Poland, and entrepreneurs may choose from the best suited form for their business. Enterprises managed by a natural person are subject to registration, depending on the type of activities they will conduct. Partnerships are regulated by the Polish Civil ...

1. What is the minimum share capital of a Polish sp. z.o.o. (Limited Liability Company)? The most common form of business entity in Poland is the Limited Liability Company. The incorporation process requires the founders to provide a minimum capital of 5.000 PLN, or 1.240 EUR, paid in cash or non-mo ...

Country profile Poland is a republic in the Central Europe with 31.8 million citizens. Most of the people are Polish in a 98% rate, while the rest of the inhabitants are German, Ukrainian, Belarusian or Lithuanian. The country’s surface of 312,683 kilometers square is bordered by the Czech Rep ...

The Company law in Poland is based on several Acts, including Act 1982 Cooperative law, Act 2000 Code of Commercial Partnerships and Companies or Act 2008 on Public-Private Partnerships.  Although there are very few differences in comparison to German or French company law, it is recommended th ...

General overview Before 1989, foreign companies did not operate in Poland. However, the development of the Polish economy at the beginning of the 1990s attracted an increasing number of foreign investors. In 2008, the Polish Statistical Office registered in Poland 21,092 companies with foreign capit ...

Poland is regarded as a proper destination for business expansion and foreign investment, being considered the eighth European state in terms of attractiveness. Besides, Poland has competitive labour costs, considerable size of the market, industrial diversity and possibilities for the development o ...

The Polish Limited Liability Company is the most popular form of business that foreign investors choose when coming to set up a company in Poland, since it is much more simple to perform activities under the Polish corporate law with a Spolka z ograniczona odpowiedzialnoscia (Polish LLC or Sp.z.o.o. ...

A lawyer in Poland is different from a legal adviser. Lawyers in Poland are called Adwocat and Legal Advisers in Poland are known as Radca Prawny. There are fewer lawyers in Poland than legal advisers. The first category can also deal with criminal issues. The profession of legal advisers in Poland ...

Public notaries in Poland are persons of trust, who prepare official documents and offer their clients the guarantee of an authenticated document. Public notaries in Poland are a leading legal category with numerous responsibilities, such as informing, creating documents or making de ...

A power of attorney in Poland is defined as an agreement completed in a written form with notarised signatures. The Polish law mentions that an original power of attorney in Poland must be signed by the applicant or if the grantor is a company, by an authorised representative. A power of attorney in ...

  In order to set up a business in Poland, a proper evaluation of the costs is required, so that an entrepreneur can start the incorporation with a well-defined plan. 1. What is the minimum share capital? A Polish limited liability company requires a minimum share capital of approximately 1,240 ...