Corporate department

Opening a Limited Liability Company

Regulations regarding opening a limited liability company are within the Polish Code of Commercial Companies which recognizes corporations and partnerships. The Code of Commercial Partnerships and Companies regulates their formation, operation, division, merging and dissolution. The category of partnerships includes registered partnerships, professional partnerships, limited partnerships and limited joint-stock partnerships.

Entrepreneurs can register their Corporations either as limited liability companies or joint-stock companies. In principle, their registration procedures are quite similar; however, the applications needing submission to the National Court Register (KRS – Krajowy Rejestr Sądowy) may vary

Procedures

Opening a limited liability company requires an entry to the National Court Register. To accomplish the foregoing, it is necessary to apply by filling in an appropriate form (in paper or digitally). The application must be appended with several documents. Those include the deed of association of a company or the partnership agreement, foreigners declaration, certification of the right to the property housing the company’s registered office, an official form of declaring oneself as social security premiums payer submitted to Social Insurance Institution (ZUS-Zakład Ubezpieczeń Społecznych), the application for Tax Identification Number (NIP – Numer Identyfikacji Podatkowej), and the application for Industry Identification Number (REGON). You should consider adopting the bylaws of the newly formed company.

After the accomplishment of all prior steps, the last one is making entry in the National Court Register. The entry takes the form of a decision and it must be announced in the Court and Commercial Gazette (Monitor Sądowy i Gospodarczy), which is chargeable depending on the form of the company.

CGO Legal law firm assists clients in opening a limited liability company as well as other types of partnership or corporation. Our service includes drafting the deeds of association of companies or partnership agreements, preparation of appropriate applications and/or declarations. We will also help you submit them to relevant institutions.

Please feel free to contact us in case you have any questions.