How to start a business in Poland

How to start a business in Poland

Starting a new business in Poland can be an exciting and challenging experience, but it is also a complex process that requires careful planning and attention to detail. If you are considering setting up a limited liability company (LLC) in Poland, there are several steps you will need to follow. This article will provide a guide to setting up an LLC in Poland and the various services that can assist you with this process, such as company registration Poland, business advisory services Poland, Polish legal services, and more.

Step 1: Choose a Business Structure and business model

The first step in setting up an LLC in Poland is to choose a business structure. The most popular business structure for foreign investors is a limited liability company, which offers limited liability protection to the owners while maintaining a relatively simple and flexible management structure. Other options include a sole proprietorship or a partnership, but these structures may not be suitable for all types of businesses.

Your business model should consider how you generate and sell your product, how to handle customers, money and documents flow.

Step 2: Choose a Company Name

Once you have decided on the business structure, the next step is to choose a company name. The name should be unique and not similar to any other registered company in Poland. You can check the availability of the name with the National Court Register (Krajowy Rejestr Sądowy) or through an online company formation service.

Step 3: Register the Company

The next step is to register the company with the relevant authorities. You will need to submit the necessary documentation, including the articles of association. This can be done only through an online company registration service – S24.

Step 4: Obtain Necessary Permits and Licenses if necessary

Depending on the nature of your business, you may need to obtain additional permits and licenses from the relevant authorities. For example, if you are starting an IT company running a blog or news portal has to be registered in the court. Majority businesses do not need any licenses. You should consult with a business advisory services Poland to ensure that you have obtained all the necessary permits and licenses.

Step 5: Register for Tax and Social Security

All companies in Poland must register for tax and social security with the relevant authorities. You will need to obtain a tax identification number (NIP) and register with the social security system. You may also need to register for VAT if your business meets certain criteria.

Step 6: Open a Bank Account

Finally, you will need to open a bank account for your company. This is necessary to conduct business and manage finances. You can choose from several banks in Poland, and you may want to consult with a business consulting Poland to choose the most suitable bank for your needs.

Conclusion

Setting up an LLC in Poland requires several steps and can be a complex process. Fortunately, there are several services available to assist you with company registration Poland, business advisory services provided by Progress Holding. With the help of these services, you can navigate the process more easily and ensure that your business is set up for success. Whether you are starting an IT company or a manufacturing company formation Poland, following these steps can help you establish your business in Poland.

You may consult with us office@progressholding.pl free of charge. Check https://progressholding.pl/