Starting a business in Poland

Starting a business in Poland as a foreign investor is quite easy given that the same rules apply to local and foreign entrepreneurs. The first step in starting a successful company in Poland is choosing the right type of company. According to Poland Commercial Law, there are several types of legal entities that can be registered here:

limited partnership society (spółka komandytowa);

limited joint stock partnership (spółka akcyjno-komandytowa);

limited liability company (spółka z ograniczoną odpowiedzialnością);

joint-stock company, joint stock company (spółka akcyjna);

department or representative office of a foreign enterprise (in the form of LLC);

The most common and simple form, both in terms of opening and in terms of support, is an analogue of our limited liability company LLC – Społka z ograniczoną odpowiedzialnoscią (abbreviated form SP.Z.O.O). According to statistics, over 80% of all registered companies in Poland are Sp.z.o.o. Among companies in which foreigners act as founders, this proportion tends to 99.9%.

Nowadays Poland is the most stable and dynamically developing country in Europe, the sixth economy in the European Union. According to the Doing Business World Ranking, Poland is ranked 39th out of 189 European countries in terms of ease of doing business, and convenience for entrepreneurs. The position of the state in relation to foreigners is very clear here – if you know how and are ready to build a business that will generate income for the treasury and generate jobs, you get the green light in your endeavors.

Business Plan

Opening a company requires knowledge of the regulatory framework, the selection of shareholders, directors. An independent study of all the necessary documents, the search for a registered agent can take a significant amount of time.

Market research

Before entering the new market, the company needs to develop its own marketing plan. Such a plan is mandatory in cases where business expansion is considered to reach a new level and promote new or existing products/services.

Market entry

The result of market research and understanding competitors' activities, economic trends in the market and many other factors that make up the business environment, which allows you to be closer to the consumer and understand their needs.

BUSINESS REGISTRATION

It is important to decide what type of company you need. There are several types of companies that can be registered. The type of company depends on the goals of the investor’s business, the industry of his business, and location. One type is suitable for small and medium businesses; the other is suitable for large companies and holdings. Our experts will help you determine your type of company and register it correctly.