Business in Europe has many advantages that open up prospects for entrepreneurs from different countries. Poland is particularly popular among foreign entrepreneurs. Why so and how to open a sole proprietorship in Poland?
The Polish Republic is characterized by a rapidly developing economy. And also, the country has quite loyal legal norms in relation to foreign entrepreneurs and investors.
Individual entrepreneurship in Poland (Jednoosobowa działalność gospodarcza) - the simplest form of doing business, involving the registration of a person as an individual entrepreneur. After registration of IE, the Ukrainian analog of FOP, the entrepreneur can open a business, and receiving profits to pay taxes to the budget of the country.
Requirements for the procedure of registration of JDG differ, depending on the state. Opening an individual enterprise in the Polish Republic is simple and fast, especially if you know how to do it, having received appropriate advice.
IE in Poland: Advantages for Foreign Citizens
So, who can open a sole proprietorship in Poland? You can register a sole proprietorship in Poland if you have a valid visa (Polish national visa, type D).
The second type of authorization to open a sole proprietorship in Poland is the Pole Card. This document gives the right to study and work on an equal footing with Polish citizens, including the right to open a business.
Ukrainian citizens with temporary protection status can also start entrepreneurial activity in Poland.
Why is it worth starting a legal business in Poland and opening a company? Seven advantages of starting a JDG for a foreigner in 2024:
- It is possible to open a company in Poland even in online format, without visiting instances.
- Prompt registration procedure (will take no more than 10 days).
- Minimum package of documents from an individual.
- The entrepreneur independently chooses a suitable taxation system.
- The presence of authorized capital is not a condition for opening a business/li>
- Tax 9% on net profit until the company earns 120000 zlotys. Then the rate increases to 19%.
- Foreign businessmen can register an IE in the Republic of Poland under the same conditions as locals.
- Possibility to obtain a residence permit in the Republic of Poland on the basis of running a business.
Step-by-Step Guide
Step-by-step guide on how to open a sole proprietorship in Poland for foreign citizens:
Step 1. The preparatory stage. The applicant collects documents according to the current list to register the status of individual entrepreneur.
Step 2. Filling in the form. It is necessary to enter the necessary information in the application (personal data, proposed company name and business description).
Step 3. Submission of the application. The request is sent for processing to CEIDG, the self-employed registration authorities of the Polish Republic.
Step 4. JDG registration. If all the previous steps are performed correctly, the applicant will find the certificate of registration of the sole proprietorship in the CEIDG register. NIP and REGON numbers are assigned automatically.
Ideas for starting a business in Poland
When deciding to become an entrepreneur in Poland, a foreigner should choose a business niche.
Today in Poland is actively developing the sphere of catering, opening kindergartens and schools with foreign languages, car washes and service stations.
If a foreigner is an expert in his field, then he has good reasons to try his hand in one of the following areas:
- Food
- Fast food and catering
- Beauty salons
- Clothing and shoe stores
- Service stations and car washes
The consumer segment is slowly but surely recovering in Poland after the covid restrictions, thanks, among other things, to the support of the state.