KNOWLEDGE BASE
KNOWLEDGE BASE
TYPES OF COMPANIES IN POLAND
LIMITED LIABILITY COMPANY IN POLAND
Limited liability company is the most popular type of company among foreign investors. LIMITED LIABILITY COMPANY (Pol. spółka z ograniczoną odpowiedzialnością, abbreviated name: sp. z o.o.) MINIMAL NO. OF PEOPLE REQUIRED TO INCORPORATE 1 LEGAL CAPACITY YES LEGAL...
JOINT-STOCK COMPANY IN POLAND
Joint-stock company (Pol. spółka akcyjna, abnreviated name: S.A.). JOINT-STOCK COMPANY - SPÓŁKA AKCYJNA, BASIC INFORMATION LEGAL CAPACITY YES LEGAL PERSONALITY YES MINIMAL SHARE CAPITAL 100 000 PLN (about 23 500 EUR). At least 25% of share capital need to be...
SIMPLE JOINT-STOCK COMPANY IN POLAND
A simple joint stock company (pol. prosta spółka akcyjna, abbreviated name P.S.A.) is a new form of company in Poland. Detailed description of this company will be provided soon. Basic information are available here
TYPES OF PARTNERSHIPS IN POLAND
LIMITED PARTNERSHIP IN POLAND
LIMITED PARTNERSHIP (Pol, spółka komandytowa, abbreviated name: sp.k.) MINIMAL NO. OF PEOPLE / ENTITIES REQUIRED TO INCORPORATE At least one general partner (natural person/legal person) and limited partner (natural person/legal person) LEGAL CAPACITY YES - the...
LIMITED JOINT-STOCK PARTNERSHIP IN POLAND
LIMITED JOINT-STOCK PARTNERSHIP (Pol, spółka komandytowo-akcyjna, abbreviated name: S.K.A.) MINIMAL NO. OF PEOPLE / ENTITIES REQUIRED TO INCORPORATE At least one general partner (natural person/legal person) and shareholder (natural person/legal person) LEGAL...
LIMITED LIABILITY COMPANY LIMITED PARTNERSHIP IN POLAND
While the Limited Liability Company Limited Partnership (Pol. spółka z ograniczoną odpowiedzialnością spółka komandytowa) is formally not a separate type of company/partnership, it is worth to mention this structure because of its many advantages. LLCLP is in fact...
GENERAL PARTNERSHIP IN POLAND
GENERAL PARTNERSHIP (Pol., spółka jawna, abbreviated name: sp.j.) MINIMAL NO. OF PEOPLE / ENTITIES REQUIRED TO INCORPORATE 2 - at least two partners (natural person/legal person) LEGAL CAPACITY YES - the partnership may be a subject of legal acts (for example may be...
PROFESSIONAL PARTNERSHIP IN POLAND
A Professional Partnership ( Pol. spółka partnerska) is a partnership created by partners for the purpose of pursuing a profession. Persons qualified to pursue the following professions may become partners in the partnership: advocate, pharmacist, architect, civil...
TAXATION IN POLAND
LIST OF TAXES IN POLAND
DIRECT TAXES personal income tax - PIT, corporate income tax - CIT, tonnage tax, inheritance and donation tax, tax on civil law transactions, agricultural tax, forest tax, real property tax, transport vehicles tax, tax on extraction of certain minerals. Indirect Taxes...
CORPORATE INCOME TAX (CIT)
Corporate Income tax (CIT) rate Corporate Income tax (CIT) rate in Poland is: 9% for each taxpayer whose revenue on sales in the previous tax year did not exceed the PLN equivalent of 2 000 000 EUR (small tax payers) for new taxpayers - in the fiscal year in which...
PERSONAL INCOME TAX (PIT)
Personal Income Tax (PIT) rates in Poland 1. Taxation on regular basis. Taxable base in PLN Tax due over up to 85.528 17 % minus the amount reducing the tax (PLN 0-1360, differs according to the level of income) 85.528 14.539,76 PLN+ 32 % of the excess...
VAT
Value Added Tax (VAT) rates in Poland 23% basic VAT rate 8% some construction services and goods for construction 5% basic food products ie bread, cereal products, dairy products, meat products and juices 0% intra-Community delivery of goods, export of goods outside...
TAX ON DIVIDENDS
Tax rate Tax on dividends in Poland amounts to 19% Exemptions from tax on dividends in Poland Income from dividends and other revenue from share in the profits of legal persons is exempt from income tax, if all of the following conditions are met: dividends is paid by...
WITHHOLDING TAX
WITHHOLDING TAX IN POLAND Withholding tax is charged on some kind of revenue earned by foreign residents (both natural persons and legal persons) in Poland. Main examples of withholding tax in Poland: RATE REVENUE EXEMPTIONS 20% interest, intellectual property...
TRADEMARKS IN POLAND
TRADEMARK REGISTRATION IN POLISH PATENT OFFICE
TRADEMARK REGISTRATION IN POLAND Competent authority PPO - Patent Office of the Republic of Poland Who can register trademark in Poland As a rule, Trademark in Poland can be registered by both Polish and foreign entities (natural person/legal person). As far as...
OPPOSITION TO A TRADEMARK APPLICATION
OPPOSITION TO A TRADEMARK APPLICATION IN POLAND Who can file opposition to the trademark application in Poland The holder of an earlier trademark or the holder of an earlier personal or property right. It concerns also foreigners whose priority right results...
INVALIDATION OF A TRADEMARK
Invalidation of a trademark in Poland Who can apply for invalidation of a trademark in Poland (1) The holder of an earlier trademark or the holder of an earlier personal or property right. It concerns also foreigners whose priority right results from...
LIMITED LIABILITY COMPANY IN POLAND
(LLC/LTD, sp. z o.o.) – FAQ
HOW TO CHANGE NAME OF POLISH COMPANY?
How to change name of Polish LLC (sp. z o.o.). The name of the company is specified in the articles of association. Therefore, in order to change company name, it is necessary to amend the company's articles of association. For this purpose, it is required to: adopt...
HOW TO CHANGE REGISTERED OFFICE AND ADDRESS OF POLISH COMPANY?
In accordance with Polish company law, each limited liability company in Poland has: registered office registerd address Registered office is the name of the city (town) in which the company is registered, while the registration address is the exact location within...
HOW TO INCREASE SHARE CAPITAL OF POLISH COMPANY
Share capital incrase of Polist limited liability company was described by us in details in one of our articles. You can find the article here.
DEBT RECOVERY IN POLAND
ENFORCEMENT IN POLAND OF FOREIGN JUDGMENTS ISSUED BY COURTS FROM EU MEMBER STATES BEFORE 10 JANUARY 2015
ENFORCEMENT OF FOREIGN JUDGMENTS - POLSIH COURT APPROVAL BEFORE BAILIFF ENFORCEMENT Rulings (judgments) issued by courts from European Union Member States before 10 January 2015, under EU Regulation no. 44/2001 on jurisdiction and the recognition and enforcement of...
ENFORCEMENT IN POLAND OF FOREIGN JUDGMENTS ISSUED BY COURTS FROM EU MEMBER STATES AFTER 10 JANUARY 2015
ENFORCEMENT OF FOREIGN JUDGEMENTS DIRECTLY UNDER POLISH BAILIFF Judgements issued by courts from European Union Member States after 10 January 2015, under EU Regulation no. 1215/2012 on jurisdiction and the recognition and enforcement of judgments in civil and...
ENFORCEMENT IN POLAND OF FOREIGN JUDGMENTS ISSUED BY COURTS FROM COUNTRIES OUTSIDE EU
ENFORCEMENT IN POLAND OF FOREIGN JUDGMENTS ISSUED BY COURTS FROM COUNTRIES OUTSIDE EUROPEAN UNION Rulings (judgments) of foreign state courts issued in civil matters are recognised in Poland by virtue of law unless there exist following obstacles: (1) the judgment is...