Company formation services in Poland

What we do

SIGTAX specializes in the incorporation of companies in Cyprus. Our unique approach coupled with specialized industry knowledge and global reach enable us to anticipate the needs of our clients and provide distinctive, lasting and substantial solutions. 

 

For this matter contact

Angelo Aristodimou
Tytusa Chałubińskiego 8, 02-004 Warszawa, Poland

Why should you choose SIGTAX Poland

Our team comprises highly experienced local experts, well-equipped with the right knowledge and resources to handle all the bureaucratic and legal hurdles you might encounter when starting a business in Poland. Over the years we have worked with a diverse clientele, from start-ups to large multinational companies. Therefore, we deeply know the industry and can help you dodge the common pitfalls saving you time and money.

 

Reach out to SIGTAX to make your business endeavours in Poland as simple, quick and easy as possible.

 

Taxation for Polish Companies

The Polish business landscape is highly regulated and all Polish companies are mandated to closely follow the rules and regulations on taxation. At present, the standard corporate income tax(CIT) is 19%. It's imporatnt to note that Poland's taxation of an individual's income is progressive, therefore, the higher the income, the higher the rate of tax payable. Last year, in January, Poland introduced a lower 9% CIT rate to accomodate "small taxpayers." Non-Polish tax residents are are taxed only on their Polish-sourced income while Polish residents are taxed only on their Polish-sourced income.

 

Types of companies incorporated in Poland

This is the most popular company type in Poland and its characteristics are analogical to the UK’s Limited company and the USA’s LLC. There are no limitations on foreign shareholders and all shareholders have limited liability for the company’s debts. It’s compulsory to have at least one board member.

With a minimum share capital of 100,000 PLN(approx. 24 000 EUR or 32 000 USD), this company type mainly applies to large businesses. Its features are analogical to the UK’s PLC and USA’s Inc.Having a supervisory board is essential and there should also be at least one board member.

Popularly known as the “General Partnership” in the UK, the US and other countries, this entity type is common among smaller businesses. There is no fixed minimum share capital required. Most notably, all the partners have full joint liability for the organization’s debts.

This entity pretty much satisfies businesses of any size. It’s compulsory for this company type to have at least two founders. The general partner will have unlimited liability while the limited partner is only liable for the specific amount in which they invested., as specified by the Articles of Association.

This company type is quite unique. Its characteristic features are analogical to Germany’s Kommanditgesellschaft. There is one shareholder who is usually passive and only provides the capital and an active partner responsible for the operations. The active partners are liable to the partnership’s obligations but the limited partners have no compulsions.

This option applies to individuals. Any natural person with the right legal capacity can establish themselves as a sole proprietorship. There is no set minimum share capital required, however, the founder will be held responsible for all liabilities which puts his or her personal assets at risk.

Suitable for small businesses. It can only be formed by at least two partners who prove that they share the same business goals. Each and every partner will be liable to the debts and obligations of the partnership.

SIGTAX has been incorporating companies in many countries for several decades and has earned itself a very good name in the corporate industry. We specialize in the consolidation of companies in Poland through a quick and simplified process.

 

Our expert team is highly experienced and equipped with insider knowledge of the corporate industry in Poland. We pride ourselves on a strong network with the Poland banking institutions and other relevant authorities. Thus by working with SIGTAX, you can be certain that the incorporation process will be quick and cost-effective even in the most difficult situations. Furthermore, we provide outstanding customer service, minimized bureaucracy, confidentiality, and a one-stop solution attitude.

 

Steps for company formation in Poland

  • Prepare shareholder's documents.
  • Opening a corporate bank account with a Polish bank
  • Depositing the share capital
  • Receiving the capital certificate from the Polish bank
  • Setting up a registered office in Poland
  • Applying for business registration—all the documents are signed by a Polish notary and submitted to the relevant authorities(KRS, CEIDG, Rejestr przedstawicielstw przedsiębiorców zagranicznych)
  • Receiving the registration certificate
  • Commence operations

Why should you open a company in Cyprus?

  • Cyprus has one of the lowest corporate tax rates in the EU of 12.5%;

  • It's strategically located—at the crossroads of Europe, Africa and Asia

  • The Island has a huge inflow of foreign direct investments (FDI), for instance in 2018 alone, it was 3,285 million USD;

  • Cyprus ranks 57 in the 2019 World Bank’s Doing Business Report in terms of ease of doing business.

  • The Cypriot jurisdiction has a pro-business approach toward new reforms

  • Cyprus has the lowest crime rate in Europe

     

 

Company formation in

Benefit from excellence now! Get in touch with our experts and enjoy our state-of-the-art corporate services, from company formation all the way to audit, accounting and taxation.

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