My name is Stanislav, and I have been living in Poland for 9 years. In this video, we’ll discuss how to open an IT company in Poland, whether it’s worth doing, the pros and cons, and the step-by-step process you should follow. I’ll share some interesting tips and tricks that will give you a competitive edge in the context of Polish jurisdiction. Let’s get started!
Before we dive into the details, let’s talk about why choosing Poland to open an IT company could be a smart decision. Many entrepreneurs compare Polish jurisdiction to other options such as Estonia, England, or Germany. Of course, every country has its pros and cons, but Poland has several unique advantages.
Why You Should Open an IT Company in Poland
First, Poland is close to us in terms of mentality and culture. This means there is an established business infrastructure, ready-made solutions, and contractors. A lot of materials are available in Russian and Ukrainian, which is very convenient for learning. Compared to languages like Spanish or Portuguese, Russian-language business information in Poland is much more accessible.
Second, Poland is good with work permits. If you open an IT company, part of your team can be relocated to Poland and work there. In some other countries, this can become a lengthy process due to work permit issues.
Moreover, Poland offers attractive tax schemes and opportunities for legal optimization. For example, the corporate income tax in Poland is 9% for small companies with an annual turnover of up to 2 million PLN. This is much lower than in Germany, where the tax burden is significantly higher. Poland also offers the opportunity to work under B2B contracts via individual entrepreneurship (IP).
Steps to Open an IT Company in Poland
Once you’ve decided to open your IT company in Poland, it’s essential to pay attention to several key points. The first step is to choose the form of ownership. The most popular choice is to open a spółka z o.o., the equivalent of a limited liability company.
You also have the option to register as an individual entrepreneur (IP). You can open a company in Poland through a notary or online via a special service called s24. This service allows you to register the company remotely, which is a significant advantage for foreigners.
To open a company online, you need an electronic signature, a NIP number, and to confirm your details in the system. This can be done either in Poland or remotely. Ideally, you should have at least two owners. Having two owners allows you to avoid mandatory contributions to ZUS, which provides significant savings for entrepreneurs.
Opening a Bank Account in Poland
After registering the company in Poland, it’s crucial to open a bank account. This is necessary because no one wants a company without a bank account. Opening an account in Poland is also much easier than in other countries.
For example, in the UK, opening an account requires that one of the founders has a permanent residential address in the country. In Poland, however, any foreigner can open an account for their company, although at least one of the founders must be physically present.
Even for foreigners who cannot visit Poland, there are various structures and methods that simplify the process of opening an account. It is important to understand that all these actions must be carried out legally, without resorting to unreliable schemes.
Conclusion
In conclusion, if you want to open an IT company, Poland is an attractive option with numerous advantages. You’ll find accessible financial instruments, convenient payment systems, and ease in hiring employees.
Since the business structure in Poland is relatively simple and straightforward, you’ll be able to quickly set up your company’s operations. It’s important to understand that starting a business requires thorough preparation and adherence to all necessary formalities, but if you stay on the right track, your IT company in Poland will have all the chances for success.
Don’t delay your plans—maybe tomorrow such an opportunity won’t be available! It’s time to take action.
