ESTABLISHING BUSINESS IN POLAND
A branch of a foreign company is one of the possible forms of conducting business activity in Poland. A branch is part of the business activity of a foreign entrepreneur and it is not possible to conduct business activity in its own name and on its own account. As part of a branch, a foreign company conducts its business activity outside its registered office or main place of business, and the subject of this activity may not go beyond the scope of activity conducted by the foreign company in the country of its registered office.
A branch of a foreign company is a separate entity in organizational, personal, economic and technical terms, however, it does not have legal personality, which means that it has no personality and legal capacity. The foreign entrepreneur is responsible for the obligations of the branch. The Branch also has no legal capacity and cannot be a party to court proceedings, with the exception of employee matters. A branch of a foreign company employs on the basis of authorization granted by a foreign company.
A foreign company may start operating in Poland as part of its branch after it has been entered in the register of entrepreneurs of the National Court Register. Together with the application for entry in the register of entrepreneurs, the foreign company must submit to the register files:
A foreign company operating a branch in Poland is obliged to pay CIT and VAT.
Branches based in Poland may be established by foreign entrepreneurs based in all countries belonging to the European Union or the European Economic Area, while other entrepreneurs may operate in Poland, provided that ratified international agreements signed by Poland allow it. Entrepreneurs may establish a branch in Poland on the basis of reciprocity, i.e. the possibility of establishing a branch depends on whether international agreements provide Polish entrepreneurs with similar rights abroad.
The establishment of a branch in Poland creates an obligation for the foreign company to appoint a person authorized to represent it, which may be a natural person, both a Polish citizen and a foreigner.
A foreign company that has established a branch is obliged to:
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BENEFITS OF COOPERATION WITH US
- We will save your time for planning and implementation of the investment
- We will organize, supervise and report its course
- We will help you obtain financing
- We will represent your company in financial institutions
- We will help you in the selection of contractors/suppliers
- We will coordinate the processes of their selection and implementation of contracts
- We will manage the budget and financial liquidity of the investment
- We will prepare a schedule for the implementation of the investment and a business plan
- We will build a model that will help you make better decisions
- We will help you implement your company's financial strategy
INVESTMENT BUDGET ESTIMATION and FINANCIAL ANALYSIS
ORGANIZING AND COORDINATING THE INVESTMENT PROCESS
FINANCIAL MANAGEMENT DURING PROJECT IMPLEMENTATION
SUPPORT IN CHOOSING SUPPLIERS and EMPLOYEES
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