Business in Poland

To open a business in Poland, you need the following information:

the name of the company
a description of the distribution of the percentage of ownership of the company between the founders
types of economic activities that the company will be engaged in
the size of the authorized capital of the enterprise
indicate who will be the director from the moment the company is registered in Poland
company registration address
addresses for correspondence of the founders of the company
telephone
e-mail.

Up to 2 million euros in 1 year - 9% income tax
Compulsory VAT for the company starts from the proceeds of PLN 200,000 ($ 52,000)

Legal entities in Poland pay taxes, fees and other payments:

corporate income tax - 19%;
value added tax - 23%;
excise duty
environmental tax
customs duties
land tax
other taxes and fees, according to the legislation of Poland.

It is also possible to pay 0% income tax for companies that meet the requirements:

employed at least 3 full-time employees;
the legal entity does not pay dividends to the founders;
the company's profit in the amount of at least 30% is invested in the development of the enterprise.

The business pays taxes for each employee:

pension insurance - 8,1%;
disability insurance - 5,4%;
accident insurance - 1,39%;
labor fund - 2,03%;
FGP fund of guaranteed payments for employees - 0,08%.

An employee of a Polish company is withheld the following types of taxes from accrued wages:

pension insurance - 9,76%;
disability insurance - 1,5%;
health insurance - 2,45%;
advance payment for personal income taxes - 6,07%.

Anyone can open a business in Poland
The founder of a legal entity in Poland can be individuals and legal entities. It does not matter what country you are a citizen of, or in which country, a legal entity is registered that will establish a company in Poland.

Company founders in Poland
For the registration of a limited liability company in Poland, the legislation does not limit the number of participants. Thus, both 1 person and 50 people can open a company at the same time.

Requirements for the director of the company
The following categories of citizens can be the director of a Polish company:

citizens of Poland;
foreign citizens and stateless persons.

To appoint a director of a person who is not located in Poland, he needs to issue an electronic digital signature.

The founder can be a director of the firm
Foreign citizens in Poland to work as a director must apply for a work permit in the company.

Foreign citizens and stateless persons in order to work as a director must obtain a work permit for a company if they reside in Poland.

This requirement does not apply to foreign citizens who have obtained a permanent residence permit in Poland, a Pole's card or obtained refugee status in Poland.

Residence permit based on business in Poland
You can get a residence permit in Poland as a founder of a company.

Foreign citizens in Poland, founders, and directors must fulfill one of the following conditions to obtain the right to apply for a residence permit in Poland for business:

For at least 1 year, 2 Polish citizens or people who are equated with them must be employed in the company: foreign citizens with a permanent residence permit in Poland or with a Pole's card;
To receive the company's net profit for the year, which is 12 times more than the average salary in the region in which the company is registered.

The minimum number of company employees
There is no minimum number of employees in Poland. 1 person can be a founder and director, no employees.

Foreign employees
There are no restrictions on the number of foreign employees in a Polish company. To work, they need to obtain a work permit in Poland and obtain a residence permit for work in Poland.

Work permit for foreign employees in Poland
A work permit for foreign citizens in Poland can be issued for a period of 6 months, 1 year, 3 years, with the possibility of extension. This requirement does not apply to foreign citizens and stateless persons who have obtained a permanent residence permit in Poland, a Pole's card or have received refugee status in Poland.

Residence permit for foreign employees in Poland
A temporary residence permit in Poland based on work for foreign citizens is issued for the duration of the employment contract, but not more than 3 years.