How to Open a Limited Liability Company (LLC) in Poland?
A Limited Liability Company (Spółka z o.o.) is one of the most popular forms of business in Poland. This type of business structure is ideal for those who want to run a business with limited liability, minimizing financial risks. Your responsibility is limited to the contributed share capital, making the LLC a reliable and secure way to conduct business.
In Poland, the registration of an LLC involves several simple steps, allowing you to start a business in the country. You need to have a share capital of at least 5000 PLN, prepare the company's statute, select a registered address, and organize the submission of documents. These steps can be completed online through the S24 platform or traditionally through a notary.
Opening an LLC in Poland not only provides an opportunity to start a business in one of Europe's most stable and developed economies but also gives access to numerous opportunities for collaboration with European partners. Registering an LLC also offers legal protection for your company, which is an important aspect of doing business in another country.
Key Steps to Opening an LLC in Poland
If you want to open an LLC in Poland, here are the main steps you need to follow for registration:
- Choose a Company Name and Prepare the Statute. The first step is to choose a name for your company, which should not be identical to any existing companies in Poland. Additionally, you need to prepare the company’s statute, which is the main document for registering the LLC.
- Determine the Share Capital. To register an LLC in Poland, you need to contribute a minimum share capital of 5000 PLN. These funds are used for the company’s operations and are divided among the founders according to their respective shares.
- Register in the National Court Register (KRS). After preparing all the necessary documents, the company must be registered in the National Court Register (KRS). This step officially confirms the existence of the company and grants it legal force.
- Obtain a Tax Identification Number (NIP) and REGON Number. After registration in the KRS, the company must obtain a Tax Identification Number (NIP) and a number in the business entity register (REGON), which are used for identifying the company.
- Open a Bank Account. A key step is to open a bank account in the company's name, where the income from its activities will be deposited. This enables financial operations in compliance with Polish law.
Benefits of Opening an LLC in Poland
- Limited Liability. The main benefit of an LLC is the limitation of the founders' liability to the amount of share capital. This means that the founders' personal assets are not at risk.
- Access to the European Market. Registering an LLC in Poland gives access to the European Union market, opening up numerous opportunities for business and partnerships.
- Tax Advantages. Poland offers a range of tax incentives for small businesses and startups, allowing them to reduce the tax burden, especially during their initial stages.
- Economic Stability. Poland has one of the most stable economies in Europe, providing favorable conditions for business operations and attracting investments.
Legal Services Fees for LLC Registration
The cost of legal services for LLC registration in Poland depends on several factors, such as the complexity of the registration process, the method of registration (online or through a notary), and the need for additional documents. Typically, the cost includes full support at all stages of the registration process, from consultation to obtaining all necessary permits and numbers.
Our lawyers will provide you with qualified legal assistance to ensure you pass all the stages of registering an LLC in Poland. We will prepare all the necessary documents, register your company, and provide advice on tax matters and the selection of the optimal business structure.
Frequently Asked Questions
Question
Can a foreigner open an LLC in Poland?
Answer
Yes, foreign citizens can open an LLC in Poland, and it is not necessary to have Polish citizenship. The main condition is compliance with Polish law and the registration of the company in accordance with established procedures.
Question
What documents are required to register an LLC in Poland?
Answer
To register an LLC in Poland, you need to submit the following documents: the company statute, proof of the contribution to the share capital, documents regarding the registered address, and an application for registration in the National Court Register.
Why is it important to consult a lawyer when registering an LLC in Poland?
Legal support at all stages. A lawyer will assist you at every stage of registration to avoid mistakes and ensure the proper preparation of documents.
Legal analysis of the situation. A professional lawyer will analyze your situation and provide advice on all important issues related to business operations in Poland.
Legal audit of the situation. A lawyer will conduct a legal audit of your business to verify the compliance of all documents and procedures with Polish law.
For consultation regarding LLC registration in Poland, contact us at +380631688139. We will help you start your business quickly and easily.
Opening an LLC in Poland is an excellent opportunity to expand your business in Europe. Our team of professionals will provide you with comprehensive legal assistance, including legal analysis, consultation on all registration stages, and tax matters, ensuring your business is protected and successfully launched.