If you would like to run a business in Poland, a limited liability company (in polish “spółka z ograniczoną odpowiedzialnością” – sp. z o.o.) may be the best choice. There are plenty of reasons but let me introduce you three on YES for a start.

Reason 1 The Company (sp. z o.o.) is a separate entity that is liable for liabilities.

This allows you to protect your assets against the effects of potential business failures. It also allows you to separate one type of activity from another, or one investment from another.

Reason 2 The possibility of precise regulation of the rules of the company.

The articles of association of sp. z o.o. can freely regulate the rights of shareholders, the rules of management and the rules for the distribution of profits. This is especially important when you want to run a business with another person (although a sole proprietorship is also allowed in Poland).

Reason 3 Tax benefits.

In Poland the limited liability company pays income tax of 9% or 19% on the profits made. It is possible to optimize payments to shareholders depending on the business and avoid paying social security contributions to management board members.

There are many more benefits, you just need to choose the right solutions for your business. If you are interested, please contact me: info@kuspitkancelaria.pl