Opening a company in Poland can seem daunting, but it’s a manageable process with the right guidance. Here’s what you need to know if you're planning to open a company in Poland.

Choose the Right Company Structure

The first step in opening a company in Poland is to select a legal structure that best suits your business needs. The most popular structure for foreign entrepreneurs is the Limited Liability Company (Sp. z o.o.), which offers flexibility and limited liability for shareholders.

Business Name Registration

Your company name must be registered and verified with the National Court Register (KRS) to ensure its uniqueness. It's essential to check for any conflicts with existing company names.

The Role of the National Court Register

All business registration in Poland is handled through the National Court Register (KRS). Once you submit the necessary paperwork, such as the Articles of Association and shareholders’ list, your application will be processed.

Open a Business Bank Account

Before completing the registration, it's essential to have a bank account in Poland for your company. This will also facilitate the capital contributions required for limited companies.

Tax and Social Security Requirements

Upon company registration in Poland, you'll need to obtain a Tax Identification Number (NIP) and, if applicable, register for VAT. Moreover, employees must be registered with the Social Insurance Institution (ZUS) for social security.

Opening a company in Poland is a great way to enter the European market, and with the right steps, you can have your business operational in no time.

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