What does it look like?
Opening a company in Poland by a foreigner requires careful planning and an understanding of local regulations. Here are some issues you should be aware of before making a decision. The bottom line is that anyone can do business in Poland, even without Polish citizenship. However, the same rules do not apply in every case.
Okay, but specifically?
Regarding business, in Poland foreigners are divided into two groups. Those who are citizens of countries in the European Union, the European Economic Area, the US and Switzerland, and those others.
What can the former afford? Everything what Poles, without any restrictions, that is:
- They can set up their own sole proprietorship or any company.
- There is also the option of establishing a branch or representative office of a foreign company in Poland.
And the others?
If they have the appropriate residence permit, they are treated on the same terms as Polish citizens and those mentioned above. The relevant ones are permanent residence permit and certain types of temporary residence permit.
What if they don’t have the proper residence permit? Then they can only:
- Conduct business in the form of various companies, such as:
- limited partnership
- limited joint-stock partnership
- limited liability company
- simple joint-stock or joint-stock company
- Join these companies, buy and expand shares or stocks in them.
- Establish a branch of a foreign company in Poland, provided that international agreements signed with Poland allow it.
If you are not sure what you can afford, then contact us. We will help you determine in what form and on what terms you can do business in Poland.
Assuming all is clear…. What’s next?
To establish a company in Poland, under any type, you need a PESEL number. This is the bare minimum, but it’s still worth setting up a trusted profile so you can do everything online.
With a trusted profile, you can open a business in Poland from anywhere in the world. You don’t have to go to offices or send any papers by post. So this is quite a convenience.
Does this mean that you don’t have to live in Poland to open and run a business here?
Yes, it doesn’t matter if you are an expat living in Poland or foreigner not living in Poland. All of the above is unrelated to where you live. However, if you do not live in Poland, it is worth thinking carefully about the legal form of the business, so that the subsequent running of the business is as little hassle as possible.
If we’ve piqued your interest in the topic and you want to know more…
Then we encourage you to read more articles on our blog. In them you will find details about opening a company link, taxation forms in a sole proprietorship link and other key issues.
So in conclusion
The most important thing in your business adventure in Poland is to have the right support, which a competent accounting office can provide you with. Check and see what we, compacc, specialists in helping foreigners doing business in Poland, can offer you. If you are looking for an accountant to have everything under control and you value peace of mind, then feel free to contact us.
You can find more about this topic here
