Registration of a company in Poland in 2024: overview

The Republic of Poland, being a member of the European Union, represents an attractive jurisdiction for foreign investors seeking to conduct business activities within the country. In 2023, Poland continues to attract entrepreneurs from around the world, offering opportunities for company registration for both local residents and foreigners. However, the process of starting a business in Poland may differ depending on the entrepreneur's country of origin.

Requirements for Foreigners

Entrepreneurs from European Union and European Economic Area countries have the most favorable conditions for starting a business in Poland. They can freely register sole proprietorships, branches, representative offices, or partnerships, as well as provide cross-border services without additional company registration in Poland if it already exists in another EU or EEA country.

Entrepreneurs from third countries can register any form of legal entity in Poland under certain conditions, such as various types of residence permits, refugee status, temporary or additional protection, marriage to a Polish citizen, or possession of a Polish Card. If these conditions are not met, foreigners can still establish a limited liability company (LLC), limited partnership, joint-stock company, limited joint-stock partnership, or a branch.

Company Types and Taxation

In Poland, the most popular forms of doing business are companies and partnerships. Companies are divided into two main types: limited liability company (Spółka z ograniczoną odpowiedzialnością, Sp. z o.o.) and joint-stock company (Spółka akcyjna, S.A.).

In terms of taxation, companies in Poland are subject to corporate income tax (CIT). The standard CIT rate is 19%, but small enterprises benefit from a reduced rate of 9%. In addition, company shareholders must pay a dividend tax at a rate of 19% on the income received.

Procedure for Registering Commercial Enterprises

The process of registering a commercial enterprise in Poland involves several stages:

• Choosing the legal form and preparing the founding documents.
• Entering information about the newly created enterprise into the National Court Register (Krajowy Rejestr Sądowy, KRS).
• Obtaining a REGON statistical number and a NIP tax identification number.
• Opening a bank account and depositing the share capital.
• Registering the enterprise with the Social Insurance Institution (Zakład Ubezpieczeń Społecznych, ZUS) and the National Labor Inspectorate (Państwowa Inspekcja Pracy, PIP).

How to Quickly Register a Company in Poland?

To simplify the process of registering a company in Poland, it is recommended to seek assistance from IT-OFFSHORE specialists. Our team is ready to provide professional support at every stage of the registration process.