FAQ

A ready-made shelf company is a fully registered entity with KRS, NIP and REGON numbers, a broad range of PKD codes, paid-up share capital (PLN 5,000) and a registered office address. Unlike our competitors, our companies have active VAT and EU VAT numbers, not just a pending registration application in the two databases.

Such a company lets you start operating the same day, without waiting several weeks to register a company from scratch and complete all the related formalities.

In short: Contact -> Document preparation -> Visit to a notary -> Filing the documents with KRS (the National Court Register) -> Updating the data in KRS -> Filing the documents with the tax office.

Every foreigner, regardless of their origin, has the right to run a business in any company form in Poland, as well as to acquire its shares and other rights and to sit on the management board or the supervisory board. To buy or set up a company, all you need is a valid passport or another document confirming your identity.

The good news is that you can start operating the same day you buy the company. Entering the changes in KRS merely confirms the transaction. The application to the National Court Register, together with proof that it has been filed with the court, already gives you full rights before banks and other parties, for example contractors, the Social Insurance Institution (ZUS) and the tax office.

Most of the companies we offer do not have a bank account. However, at the client’s request, we can open an account for a ready-made shelf company so that it is ready to use right after the purchase, without even waiting for the changes to be entered in the National Court Register (KRS).

The process of updating the National Court Register does not affect your ability to start operating. Once the shares have been sold and the management board changed, you can start doing business the same day. The KRS update itself usually takes 2 to 5 weeks, which, in our experience, is the normal waiting time. On our side, we do everything we can to shorten it, thanks in part to our experience with the whole procedure.

You can change the details listed above for any of our companies. In that case, the articles of association must be amended in the form of a notarial deed. We will guide you through the whole procedure quickly and efficiently, from drafting the notarial deed to registering the necessary changes in the National Court Register.

Most of our companies are so new that no financial statements need to be filed yet. The remaining companies already have their financial statements submitted and disclosed in the National Court Register.

When you buy the company, you provide the share capital yourself. It can be contributed in cash or paid into a bank account. Share capital is money that the company can use to cover the costs of its day-to-day operations.

The biggest advantages of a limited liability company:

a) POTENTIAL ZUS SAVINGS – as a rule, a single-member limited liability company whose sole shareholder is a natural person is subject to ZUS. Adding a second shareholder with a genuine, real stake in the company may mean that the shareholders are not required to pay social security (ZUS) contributions. Please note, however, that ZUS and the courts assess such arrangements on a case-by-case basis, so it is worth confirming this for your specific situation,

b) SEPARATION OF PRIVATE AND COMPANY ASSETS – a limited liability company (sp. z o.o.) is solely liable for the liabilities it incurs; the shareholders are not liable for the company’s obligations with their private assets. Members of the management board (e.g. the president, vice-president or an ordinary board member) bear only limited, subsidiary liability, which can arise if the company becomes insolvent and a creditor pursues its claim through the courts.

c) VERSATILITY – a limited liability company is suitable for any type of business, especially when it has a wide range of PKD codes. Moreover, if you no longer wish to run the business, you can sell your shares in the company or liquidate it.

d) CREDIBILITY – as a capital company whose shares can be sold (unlike a sole proprietorship or a civil partnership), a limited liability company is viewed more favourably in business dealings, partly because it is required to keep full accounts.