The economy of the Republic of Poland is significantly developing and catching up with many leading European countries. Therefore, many entrepreneurs from CIS countries strive to open their business here. Poland is a member of the European Union, which means there are no borders between EU countries and guarantees a huge market for product sales. Today we will talk about the construction business in Poland for Ukrainians. The situation in this industry is quite stable here, there is a lot of work, and the country is actively being developed. Additionally, opening a construction company in Poland is not associated with any particular difficulties; the process is quite accessible for foreigners.
Buying an Existing Business
Some entrepreneurs may prefer to buy an already operating company rather than open a construction firm in Poland. A ready-made business allows you to start operations within a few days.
The main advantages of buying an existing business are:
- Time-saving — you only need to re-register the documents;
- Presence of reputation, recommendations from previous clients, established client base, signed contracts, and necessary permits;
- Getting established work processes — a complete team, necessary equipment, and tools;
- Possibility to obtain credit or leasing for further development, as the company already has turnover and history.
However, it is important to remember that there are unscrupulous people in Europe as well, so the company must be thoroughly checked for debts or other issues that may negatively impact its future operations. Experienced specialists can help you buy a business in Poland with minimal risks.
How to open a construction company in Poland independently
If a foreigner wants to start their own business from scratch or expand their business to Europe, they need to register a company in Poland. What you need to know before opening a construction company in Poland:
- Registration can be done in two ways: with a notary or remotely (the second option is cheaper and more convenient). It is necessary to choose up to 10 types of activities (PKD codes), the company’s legal address, where all correspondence will be sent. Foreigners usually choose the business form spółka z o.o. (limited liability company), with a minimum share capital of 5000 PLN.
- After registration, you need to open an account in a Polish bank and sign a contract with an accountant (or an outsourcing accounting company) for servicing, as well as submit documents for VAT registration.
- Next, you need to find employees and arrange work permits for them. In Poland, the cost of labor for foreigners from CIS countries is lower than for Polish workers. Attracting such inexpensive labor helps reduce service costs. As a result, many participants in the construction market strive to attract workers from other countries to reduce salary expenses and thus increase their competitiveness. Such workers can be found through intermediary companies, which will control foreign workers and carry out all necessary procedures for their registration.
- At the initial stage, many companies have to rent necessary equipment or machinery or turn to subcontractors. When considering purchasing equipment, materials, and tools, one must be prepared for significant financial investments. For example, purchasing a truck will cost around 30-40 thousand PLN.
- A license to open a construction business in Poland is not required. However, for carrying out certain types of construction work, you need to obtain permission from local authorities.
- Finding clients. In the construction sector, achieving success from scratch is quite difficult. Attracting the first orders is complicated by the lack of reputation and feedback from previous clients. You can try to work with large construction companies as a subcontractor. In the modern world, you can attract your first clients using digital tools: creating a website, targeted advertising, posting ads on bulletin boards, and social media.
Opening a construction company in Poland is possible, but the process is quite labor-intensive. To save time, effort, and financial investments, it is better to consult specialists who are familiar with local laws. They will help solve issues that arise during the registration and launch of a new business.
