Poland LLC / Limited Liability Company Registration.
Poland LLC / Limited Liability Company is the most common type of company structure used for business incorporation in Poland by foreigners and by Polish residents having a PESEL number. A Limited Liability Company in Poland allows foreigners to own 100% of the membership. The shareholders in a Polish limited liability company are only liable to the extent of their investment in the legal entity. A Limited Liability Company has low incorporation and maintenance costs. LLC’s must have a registered office with a registered agent in Poland. The required minimum share capital is 5,000 PLN (currently 1,200 Euro).
A Limited Liability Company has a relative lower cost of operations as compared to other company types.
- Low taxation, even 8.5% on a part of the income
- Social security contribution is not required when incorporated with more than one shareholder. (That’s up to PLN 13,000 in savings)
- Company obligations are not transferred to your private property.
- Full accountancy costs slightly more than a private company, but this provides a better understanding of the company finances.
Your Company Name spółka z ograniczoną odpowiedzialnością, sp. z o.o.
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Courts in Poland sometimes interpret the rules differently. This adds to the documentation requirements for establishing a company. One must meet the requirements set out in the provisions of the Act on the National Court Register but sometimes may also be required to satisfy additional requirements, which may or may not be as understood by the clients as stated in the provisions written for registration of a company.
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