Starting a business in Poland as a foreigner doesn’t have to be complicated. With Simply Talented’s support, we streamline the process so you can focus on your business goals, even if you’re not physically in Poland.
In this guide, we outline the 5 key steps to set up a company in Poland and explain how our services make the process seamless.
The 5 Steps to Opening a Company in Poland
With our expertise, you can establish your company in Poland without stepping foot in the country. Here’s how we simplify the process for you:
- Provide Foundational Information: Share key details about your company with us via our tailored form.
- Power of Attorney: Sign and send a notarial power of attorney so we can act on your behalf.
- Company Registration: We handle all court registration formalities.
- Compliance Registration: We register your company in the Central Register of Beneficial Owners (CRBR).
- Bank Account Setup: We assist in opening a company bank account, even if you’re abroad.
Below, you’ll find a detailed explanation of each step.
Step 1: Providing Foundational Information
We’ll ask you to fill out a simple form with the following details:
- Company Name: Decide on your business name.
- Share Capital: Define the amount and structure. For example, a limited liability company (LLC) requires a minimum of 5,000 PLN in share capital.
- Shareholders: Provide personal data and share allocation for each shareholder.
- Registered Address: Choose a location for your company (we can assist with virtual offices if needed).
- Management Board Members: Share personal data and decide on representation rules for your board.
Not sure about these details? Don’t worry. Our team will advise you on the best structure for your business.
Step 2: Power of Attorney
To establish your company remotely, we prepare a power of attorney. Here’s what you’ll need to do:
- Sign the Document: Visit a local notary to sign the power of attorney as a notarial deed.
- Apostille or Legalization: Depending on your country, you may need an apostille or document legalization.
- Send the Document: Mail the original document to our office for further processing.
Once received, we handle the necessary translations and move forward with the registration process.
Step 3: Court Registration
Every company in Poland must be registered in the National Court Register (KRS). We handle this step on your behalf, ensuring all company details are properly documented and filed.
Step 4: Compliance Registration (CRBR)
After registration, your company must be entered into the Central Register of Beneficial Owners (CRBR). This ensures compliance with anti-money laundering regulations.
- We obtain a Polish personal identification number (PESEL) for the management board member responsible for the registration.
- We file the necessary documentation to the CRBR on your behalf.
Step 5: Setting Up a Bank Account
Having a bank account is essential for managing your company’s finances. Depending on your situation:
- EU Citizens: We can open the account remotely for you.
- Non-EU Citizens: While visiting Poland is often the simplest option, we can assist in setting up the account remotely, though additional steps may be required.
We work with trusted banks to ensure your account setup is smooth and compliant with local regulations.
How Long Does It Take and How Much Does It Cost?
The process of setting up a company in Poland typically takes up to two months, depending on:
- Collecting documents
- Obtaining apostilles or legalizations
- Translating documents into Polish
Estimated costs:
- Court Registration: ~130 EUR
- Notary Services: ~500 EUR
Simply Talented Service Fee: Based on your specific needs and location. Contact us for a tailored quote.
Why Choose Simply Talented?
With our guidance, you can navigate the complexities of setting up a business in Poland effortlessly. From document preparation to compliance and banking, we manage every step to save you time and hassle.
Ready to take the first step? Contact Simply Talented today and let us help you bring your business vision to life in Poland!
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Send us a message whether you are thinking of a career change, looking for exceptional talent or just would like to meet for a coffee and chat.
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