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More simplifications for companies in Poland

Jelenia Gora/Poland, 15.06.2009 – With the beginning of 2009 Polish “Commercial Companies Code” has changed in few issues. Starting from 8th of January 2009 managers will find their life easier.

Some of the novelties are as follows:

- the amount of share capital has been reduced: from 50000 PLN to 5000 PLN (for limited liability companies) and from 500000 PLN to 100000 PLN (for joint-stock companies).

- professional partnership treaty will no longer has to be stated as a notarial deed. A simple written form will do.

- in terms of placing a declarations of will similar comes for capital companies. From now on, if a sole share holder states a declaration that surpasses, what is known as an “ordinary activities”, a written document (no notarial deed) will be required.

Same important are this year changes in the Act on Freedom of Economic Activity. The one-desk-company-registration has finally arrived. No longer has the entrepreneurs to visit few different Offices and place few payments. Starting from April 2009, if you want to establish a start-up, depend on its form, you’ll have to visit either National Court Register or your Commune Office to submit a registration form.

Let’s be realists: even if there’s only one desk to visit you still have to invest your time. And nobody says that one-desk-registration will work smoothly straight away. But it is a big step forward. The step that we’ve been all looking for.

Poland Consulting Services Sp z o.o. operates the business areas investment advice, export counselling, market research and marketing consulting and supports companies in their market entrance and market positioning in Poland.

Daniel Blotenkämper
Managing Director

Poland Consulting Services Sp. z o.o.
ul. Jasna 1/1
PL 58-500 Jelenia Góra
Phone in Poland: 0048 (0)75 6474008
Phone in Germany: 0049 (0)5482 224339
Fax: 0048 (0)75 6474009

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