Poland

Poland has been the EU member since 2004 and Polish companies are widely used as companies that can bring tax-efficient solutions. Poland offers beneficial tax environment with low corporate income tax compared to other European Union jurisdictions, extensive network of double tax treaties (40 agreements) and favorable withholding tax treatment.

Poland LTD formation is easy but requires up to 6 weeks to get all the required documents ready (VAT number included). The official currency is Polish Zloty (PLN). Polish legislation recognizes various types of companies e.g.: Limited Liability Company (Spółka z o.o.), Joint-Stock Company (Spółka Akcyjna), Limited Partnership (Spółka Komandytowa), Limited Joint Stock Company (Spółka Komandytowo-Akcyjna), General Partnership (Spółka Jawna).

Legal formKodeks Spółek Handlowych – Commercial Companies Code
LegislationCivil law
Foundation timeOnce received all required documents from a client, the incorporation of the new a company takes usually 4-6 weeks and documents are delivered within 2 months.
ShareholdersMinimum managers required: 1
Form: physical person/corporate body (both possible)
Nationality: Any (Polish nationality not necessary)
DirectorsMinimum managers required: 1
Form: physical person
Nationality: Any (Polish nationality not necessary) – Work permit required for non-EU citizens.
Share capitalMinimum paid up 5.000 PLN
Bearer sharesAllowed in Joint Stock Company.
TaxesCorporate income tax rate: 19% without limit of profit
Withholding tax: withholding tax on dividends, capital gain tax, interests, licenses, paid to non-resident shareholders.
VAT: 23% general rate, 18% e.g. for district-heating, 5% restricted to books, newspapers and basic medicines
Other: more than 40 double tax treaties; local tax reliefs from certain municipalities for location of investments. Over 20 special economic zones country-wide with company income tax relief.
AccountancyFiling of accounts is required once a year
AuditObligatory if certain conditions (turnover) are met
Anonymity and confidentialityThe companies register is publicly accessible
OtherRegistered office: Must be maintained in the Poland
General meetings: Must be held in Poland

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Our services fulfill Czech Standard - ČSN EN ISO 9001 & Czech Standard - ČSN ISO/IEC 27001