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flag Poland Poland: Operating a Business

Setting Up a Company | Working Conditions | Cost of Labor | Social Partners

Setting Up a Company

Legal Business Entities

Types of Companies and Capital (Max/Min) Number of Partners/Shareholders and Liability
The Spolka ackjna (SA) is the equivalent of a public limited company
 
100,000 PLZ of which 25% will be paid up on registering. (Minimum nominal value: 1 PLZ)
No minimum
 
Liability is limited to the amount of capital contributed.
The Spolka zoograniczona odpowiedzialnoscia (ZOO) is close to a limited liability company
 
5,000 PLZ (Minimum nominal value: 50 PLZ).
No minimum
 
Liability is limited to the amount of capital contributed.
 
The Competent Organization
The Polish National Court Trade Registry.
 
Setting Up a Company Poland Eastern Europe & Central Asia
Procedures (number) 6.0 6.3
Time (days) 32.0 16.3

Source: Doing Business.

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Poland.
Polish National Court Trade Registry

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Working Conditions

Legal Weekly Duration
42 hours
Retirement Age
60 for women and 65 for men.
Working Contracts
Legal measures govern work contracts; collective agreements and individual negotiation complete them, but to a lesser extent.
The formality of work contracts and the conditions of hiring and dismissal are extremely rigid.

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Cost of Labor

Minimum Wage
201 euros
Average Wage
Average monthly gross earnings in Poland is PLN 3,200 (EUR 727).
Social contributions
Social Security Contributions Paid By Employers: 17.62%
Social Security Contributions Paid By Employees: 18.45%

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Social Partners

Social Dialogue and Involvement of Social Partners
There are a few unions: the free independent union of Poland (NSZZ), the alliance of all Polish unions (OPZZ) and the Polish union of teachers (ZNP).
Unions
Labor Regulation Bodies
Ministry of labor and social policy

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Learn more about Operating a Business in Poland on Globaltrade.net, the Directory for International Trade Services.
 

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Last Updates: January 2012