Regulations on registration of foreign enterprises in Poland

Regulations on registration of foreign enterprises in Poland

According to the Law on Foreign-funded Enterprises adopted by the Polish Parliament on June 199 14, 2004 and its subsequent amendments, foreigners (natural persons, legal persons and other companies without legal personality) can set up limited liability companies or joint-stock companies in Poland, or own and buy shares or stocks of such companies. In addition to investing in port and airport projects and legal services, it is necessary to apply for permission in advance, including real estate agency, wholesale of imported consumer goods and other businesses. In case of joint venture and cooperation with state-owned legal persons such as Polish state-owned enterprises, and Poland has invested in real estate such as land, factories and some factories, Poland may apply to the Ministry of Privatization.

At present, the company registered in Poland has a capital of 50,000 zlotys (about 12500 USD). It is necessary to register in the regional economic court, hire a lawyer, write the articles of association of the company, and notarize it by the Polish notary office. Need to provide the legal representative and operation of the parent company.

The main documents for the company to apply for business registration are:

Articles of association, business license and credit certificate of the domestic company;

An application, including the name, address, business scope, mode of investment (in cash and in kind) and registered capital of the company to be established;

Articles of Association of the proposed company (draft);

Power of attorney, authorizing the legal representative of the domestic company to handle relevant affairs before the establishment of the company and sign legal documents;

Declare that the company will abide by Polish laws and relevant regulations to engage in economic and trade activities;

Letter of appointment, one for the chairman (general manager) and other personnel.

Registration procedure:

If the business scope involves the fields that need the approval of the Polish Ministry of Ownership Reform as stipulated in the Polish Law on Joint Ventures, it should first apply for the approval of the Ministry; Entrusted Polish lawyers to make notarial certificates, asked notaries to notarize, and signed a declaration of registered capital.

Pay stamp duty;

Submit the relevant documents of business registration to the local economic court;

After industrial and commercial registration, the company opens a company account in the bank and posts the registered capital;

Apply to the local statistics bureau for statistics;

Go through the registration formalities at the local tax bureau and apply for the tax number. ;