19

Three months after the end of the tax year.

Three months after the end of the tax year.

Monthly installments are to be paid off by the 20th of the following month.

0/19/20

19/20/20

Capital gains are constrained by the normal corporate income tax rate.

15%

-9.47%

Consolidated Ownership

Positive

Positive

At least one

At least one

Positive

Positive

Positive

100,000 Zloty

Negative

Each share face value shall not be less than 0.01 Polish zloty.

Consolidated Ownership

Positive

Negative

At least one shareholder. Although having only one shareholder is allowed, we do not recommend that. Having one person company, where one individual holds 100% shares, cause obligation to pay social security contributions (social tax), which currently amount to around 2000 PLN per month. Moreover, Polish company law forbids to register Polish limited liability companies (sp. z o.o.) with 100% shareholding of another limited liability companies (either foreign or Polish).

At least one

Positive

Positive

Positive

1. 5,000 Zloty.

See Memo

1. The actual payment of 100% of the registered capital is required before the company is established;<br>2. If the registered capital is small (e.g. 5,000 PLN), it can be paid in cash (the company director signs a declaration to prove that the cash has been received), so there is no need to open a capital verification account. If the registered capital is large, a capital verification account needs to be opened.