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Establish a Branch in Poland

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Information about Establish a Branch in Poland
Business

Published on October 10, 2014

Author: LawyersPoland

Source: slideshare.net

Description

This presentation is meant to guide you through the process of establishing a branch in Poland. For more information about company incorporation matters you can contact our team of Polish specialists at: http://companyincorporationpoland.com/.
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1. 1 ESTABLISH A BRANCH IN POLAND A presentation brought to you by LawyersPoland.eu

2. 2 What is a Branch in Poland? • A branch opened in Poland is a form of business chose by many foreign investors. • This type of structure is preferred for its small costs. • A branch is not considered a legal entity and the full liability for its actions is taken by the foreign company.

3. 3 Establishing a Branch in Poland •The foreign companies must follow certain regulations in order to open a branch in Poland. • The name of the branch must be the same with the name of the foreign company translated into Polish and with the termination “oddział w Polsce”.

4. 4 Registering a Branch in Poland >> • A Polish branch must prepare the following information for registration: information regarding the branch’s name and address; a list with the members of the management board and the supervisory board of the foreign company;

5. 5 >> Registering a Branch in Poland • A Polish branch must prepare the following information for registration: details regarding the branch’s representative (address, personal identification number); information regarding the activities which will be performed by the branch (according to the Polish Classification of Business Activity).

6. 6 Documents Required for Registering a Branch in Poland>> • In order to register a branch in Poland, the following documents are required: the minute of the meeting where the decision of opening a branch in Poland was taken; the decision of naming the branch’s representative; a specimen of the representative’s signature made in front of the notary; the certified copy of the foundation deeds.

7. 7 >> Documents Required for Registering a Branch in Poland • In addition, the foreign company must also prepare the following documents for the registration of a branch in Poland: the articles of association of the foreign company; an extract from the registry where the foreign company was registered; the certificate of origin and a proof that the rule of reciprocity is respected.

8. 8 The Registration Procedure of a Branch in Poland • All the information and documents required for establishing a branch in Poland must be registered with the National Court Register. • As a result, the company will receive a certificate of registration, a statistical number and a tax identification number.

9. 9 Other Aspects of a Branch in Poland >> • After the registration of the branch in Poland, the next step is to register for the VAT with the authorized tax offices. • A Polish branch must also require the registration with the National Sanitary Inspection and the National Work Inspection.

10. 10 >> Other Aspects of a Branch in Poland • The branch established in Poland must keep separated books and statements. • The branch must deposit every year the balance sheet and the statements of losses and profits of the parent company at the National Court Register.

11. 11 Legal Assistance in Poland • If you are interested in expanding your business in Poland, opening a branch in this country is one of the best options you can choose from. • Our company formation specialists in Poland are ready to provide you with the necessary consultancy and a personalized offer. Contact us to see how we can help you.

12. 12 Thank you for your attention! Please contact us for more information at: (+44)203-287 0408 office@bridgewest.eu http://www.companyincorporationpoland.com/

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