Poland, located in Central Europe, is a country with a growing economy and a thriving business environment. Setting up a business in Poland can be a smart move for both local and foreign entrepreneurs who are looking for new opportunities. In this article, we will discuss the steps to register a business in Poland.
Table of Contents
Choose the type of business entity
The first step in registering a business in Poland is to decide on the type of business entity that suits your needs. There are several types of entities available, including a sole proprietorship, a partnership, a limited liability company (Sp. z o.o.), a joint-stock company (S.A.), a limited partnership, and a joint limited partnership. Each type of entity has different legal and tax implications. Therefore, it’s essential to choose the one that best fits your business goals and financial situation.
Choose a business name
Once you have decided on the type of entity, you need to choose a name for your business. The name must be unique and cannot be similar to an existing business name in Poland. You can check the availability of the name by searching the National Court Register’s database.
Prepare the necessary documents
To register a business in Poland, you need to prepare several documents, including:
Articles of association or the partnership agreement
Notarized signatures of the founders
A notarized statement confirming that the founder has no criminal record
Proof of ownership of the business premises
Tax identification number (NIP)
Statistical number (REGON)
Register the business with the National Court Register
The next step is to register your business with the National Court Register (KRS). You can do this by submitting the necessary documents to the appropriate court. The registration fee varies depending on the type of entity.
Register for taxes
After registering with the National Court Register, you need to register your business for taxes. You can do this by applying for a tax identification number (NIP) and a statistical number (REGON). You can apply for these numbers online or in person at the tax office.
Register with the Social Insurance Institution
If you plan to employ staff, you must register your business with the Social Insurance Institution (ZUS). You need to pay social security contributions for your employees.
Obtain any necessary permits and licenses
Depending on the type of business, you may need to obtain permits or licenses from the relevant authorities. For example, if you plan to open a restaurant, you need to obtain a permit from the Sanitary Inspectorate.
In conclusion, registering a business in Poland can be a complicated process, especially if you are not familiar with the country’s laws and regulations. However, with the right guidance, it can be a straightforward and rewarding experience. Generis Global, our firm, can help you with the legal part of your business journey in Poland. We have a team of experienced lawyers who can guide you through the process and ensure that your business is set up correctly. Contact us today to learn more about our services.