Let’s find out how we can work on B2B contracts in Poland as a foreigner.
As a foreigner. We are not entitled to open a Sole Proprietorship. We have 2 options to have an access on B2B in Poland:
- Registering a Owner LLC company
- Through an Incubator
Through “Umbrella Company” (Business Incubator)
A business incubator is the simplest form of doing business without starting a company or individual entrepreneurship in the EU. It is appropriate for most activities, at the same time it’s ideally suited for the IT sector and online services.
| Pros | Cons |
| Savings on doing business on accounting ZUS and taxes | Time Commitment |
| Minimum responsibility. You just work and legally earn your money | Limited Access |
| Can apply for a Blue Card for 3 years. If you have a company or sole proprietor, then you do not have the opportunity to receive a Blue Card | |
| When applying for a residence permit for a company, there are chances of failures in comparison with an incubator |
Through Limited Liability
Setting up a limited liability company (LLC, “sp. z o.o.”) is one of the most popular choices for entrepreneurs in Poland.
Registration Methods Traditional: In-person,
Paper form Electronic: Online via S24 Portal
Minimum of 5000 PLN Share Capital Required
| Pros | Cons |
| Limited Liability of shareholders | Double taxation on company income and dividends |
| Low formation costs, especially for online registration | Obligation to submit annual financial reports and maintain full accounting records |
| Immediate NIP and REGON number assignment upon KRS registration | Potential personal liability of management board members for company obligations under certain conditions |
| Low minimum share capital requirement | Lengthy liquidation process if closing the company |
| Possibility of establishing a one-person LLC |
#Registering a business in Poland
