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How to establish a limited liability company in Poland?

Characteristics:

  • Legal entity with legal person;
  • Minimum share capital is PLN 5.000;
  • Established by one or more individuals or legal entities. May not be established as a wholly owned subsidiary of another wholly owned company;
  • Represented by the Management Board;
  • Liable for its debts and obligations with its whole property. Normally shareholders are not liable for the company`s debts and obligations;
  • Ultimate authority is a Shareholder’s Meeting;
  • Supervisory Board may be optionally appointed, however it is obligatory if certain conditions are met.
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