Companies and Partnerships in Poland
As usual in Poland, it is possible to incorporate in one of the following fashions:
1) A limited liability company (with the suffix SP.Z.O.O)
The minimum number of shareholders is one. There is no maximum number of shareholders. The company is not permitted to engage in certain specific areas of operations (such as insurance and banking). The minimum equity of the company is PLN 5,000. The minimum price per share is - PLN 50. It is compulsory to register with the authorities within 6 months of the date of incorporation. The company may not offer shares to the public.
2) A joint stock company (with the suffix S.A.)
The minimum number of founders - 3. The company is licensed to engage in all areas of operations. There is no minimum or maximum limit in regard to the number of shareholders. The minimum equity of the company - PLN 100,000, divided into shares with equal nominal value. It is compulsory to register with the authorities within 3 months of the date of incorporation. The company may offer shares to the public.
3) Partnerships in Poland
Partnerships are divided into two categories - private partnerships and trading partnerships. Trading partnerships are divided into two categories: a) registered partnerships; b) limited partnerships. No partnership category is available to a foreign resident.
The most popular form amongst polish businesses is the Limited Liability Company. This is due to its flexibility. It can be set up even by one natural person. There is no maximum number of shareholders. Nevertheless, loosen formalities cause that Ltd.'s cannot lead activites on certain fields like banking or insurances. They also cannot offer shares to the public, which of course does not mean they cannot be sold on the free market. The Ltd. company has to register office in Poland. The incorporation and registration process takes about three weeks time. There are generally no restrictions with regards to the incorporation or purchase of the companies by the foreign natural persons as well as legal persons.
Money-back guarantee
Long-term experience accumulated our experts are fully responsible for their quality of work and results. Good relationship with the Department of Immigration, Tax Inspectorate, the Social Insurance Inspectorate, Centre of Registers and other state and non-state institutions helps to ensure the highest quality services.
We do not operate in automatic machine principle and look deeper into the needs of each client. Whether it is business acquisitions, advice on migration, finance, accounting, or other issues - this is a unique process.
Only in this way we can ensure the highest quality services. Therefore, we provide our clients 100% money back guarantee if due to our fault you do not receive a temporary residence permit. We also guarantee that the company You will purchase has no debts or other liabilities. Our accounting services are insured, so if fees are wrong calculated, we or our insurance company will cover all losses.
RESIDENCE PERMIT
Process time for a temporary residence permit for each country depends on that country's laws. Usually it takes 2-6 months. If you have additional questions, the Migration Department may extend length of the proceeding up to 3 months. The answer may be a negative if the client:
- Was deported;
- Punished for crime;
- Has records in the police department;
- Other negative entries of personal biography;
- The information about the client is false, untrue;
- Going to false immigration.
If it turns out that the negative response to the temporary residence permit is due to one of these reasons, we will not return your money.
If the client has a clean biography and correct data about him/her, but due to our fault do not receive a temporary residence permit, in this case within 30 days we will return 100% of his/her money and will not ask for any compensation concerning experienced costs.
Business acquisitions and start-up
All of our sales companies do not have any debts or obligations. If you buy a new company (without any history), the company has absolutely no bookkeeping records. If you are going to buy an existing company with a history of activity, in this case you will provide the company financial reports and you will be able to assess the Company's status. If after the acquisition of the company, there would be unforeseen events and it would be our fault, we will take all the responsibility on ourselves.
Accountancy services and consultations
We take full responsibility for the provision of accounting services. Our accountants have many years of experience, good skills in preparing various reports to the state institutions; also we provide representation during an inspection. We look very responsibly to our work that is why we insured our employees from the possible errors, so if fees are calculated wrongly, we or the insurance company will compensate them.
