Turnkey business in Poland: opportunities and advantages

Turnkey business in Poland: opportunities and advantages

Poland is one of the most promising countries for business: a good geographical location, loyal legislation and developed infrastructure are conducive to entrepreneurial activity. Over the last decade, Poland’s economy has demonstrated stable growth and a large margin of resilience; average GDP growth is about 4.2% per year. In the rating of the World Bank, the country ranks first in terms of investment attractiveness among the countries of Eastern and Central Europe.

By purchasing a turnkey business in Poland, you gain access to a dynamic domestic market and qualified human resources. Even with a small amount of investment, newly created companies show great potential for growth due to developed infrastructure and expansion of export opportunities to the EU.

The influx of immigrants from Ukraine increases the demand for products of Ukrainian companies and lowers the cost of labor; at the same time, the country maintains a high level of purchasing power. The Polish government favors foreign entrepreneurs and creates favorable conditions for the development of small and medium-sized businesses:

• a wide selection of organizational and legal forms;
• simplified registration of enterprises;
• convenient reporting forms;
• low interest rates on leasing and loans;
• State partnerships and Eurogrants for socially significant industries;
• moderate taxation and preferential tariffs for small enterprises.

The status of the owner of a prosperous company is the basis for the accelerated receipt of a residence permit; moreover, it is possible to buy a ready-made turnkey business in Poland in remote mode. The closeness of the Polish and Ukrainian mentality simplifies adaptation; there is almost no language barrier – learning Polish is not as difficult as German, besides, many Poles speak Ukrainian fluently and are open to cooperation.

How to start opening a company in Poland?

In most cases, business registration in Poland takes place without problems; Ukrainians who speak Polish usually manage without the help of intermediaries. However, we note that for a successful debut, it is necessary to understand the nuances of local legislation, which establishes the procedure for registering companies of various organizational and legal forms.

Issuing an IP is possible only after issuing a “residential card” (permanent residence permit) or a Pole’s card; in other cases, foreigners are allowed to register “spolki” (Polish analogue of LLC). On average, it takes about two weeks to open a company in Poland; at the same time, it is important to observe the correct sequence of actions:

• choice of legal form and type of activity;
• approval of authorized capital (from PLN 5,000 for a legal entity);
• selection of the name and legal address of the company;
• attestation of founding documents;
• submission of an application to the State Register of Court Decisions (KRS);
• payment of registration fee in the amount of 350 PLN;
• assignment of statistical identifier (REGON);
• obtaining a unique tax number (NIP);
• registration in social insurance funds (ZUS);
• production of the seal of the enterprise;
• opening a current account.

For some activities, it is necessary to obtain a license, register as a VAT payer or assign a customs number; sometimes they may require a criminal record certificate. Foreigners who have issued an ePUP digital profile do not need to confirm the opening of a company in a notary’s office – the possibility of remote business registration in the S24 system is provided. However, only template statutes are available online; if the constituent documents are drawn up from scratch, a visit to the notary cannot be dispensed with.

Advantages of opening a turnkey business in Poland

For a quick and successful start, register a turnkey business in Poland – it will simplify integration into the local business community, eliminate red tape and save time. You don’t even have to come to Poland: all documents are drawn up remotely through an intermediary who has thoroughly studied the nuances of Polish administrative law.

Expert company registration support allows you to avoid mistakes and fines for violation of the procedure; Professional consultations on issues of business organization help increase income and minimize costs. Opening a company in Poland implies the provision of a range of services that ensure quick payback of the enterprise:

• assistance in the selection of legal forms and types of activity;
• analysis of the market niche, prices and demand;
• development of a marketing strategy;
• preparation of founding documents;
• registration of licenses and permits;
• optimization of taxation and accounting.

The expanded package of services includes comprehensive business support – search and rental of commercial real estate, preparation of premises for inspections, selection of personnel and equipment. Assistance in relocation and adaptation is also provided: the client is helped to issue a visa, obtain a residence permit, purchase or rent housing with verification of the contract and property rights from the landlord.

Some organizations are ready to take on the functions of intermediaries in the remote purchase of operating turnkey firms with re-registration to a new owner, change of name and legal address. The cost of registration of turnkey enterprises is calculated individually – the amount depends on your wishes and financial capabilities.

Which line of business should I choose?

To create a prosperous enterprise, it is important to choose the right niche – simply put, to be in the right place at the right time. When choosing a field of activity, give preference to directions with a low entry threshold – a small volume of initial investments and quick payback and a low level of competition.

Use connections with the diaspora to study the actual needs of potential customers: an original product concept and accurate targeting of the target audience’s requests are equally important for success. Having studied the recommendations of various experts and consulting services, we compiled a list of top 10 ideas for the development of Ukrainian business in Poland:

• freight transportation and rental of warehouses;
• car washes, tire fitting and service stations;
• e-commerce and network promotion;
• beauty salons and hairdressers;
• repair, cleaning and interior design;
• tourism and hotel business – author tours, mini hotels, apartment rental;
• vending machines and food trucks;
• public catering points, hookah bars and restaurants of national cuisine;
• educational services – private kindergartens and centers;
• private medical centers.

Med Invest Group has prepared a unique offer for investors interested in promoting European standards of medical care on the territory of Poland. We offer to purchase a turnkey working medical business with full legal support, selected personnel, developed client base and first-class technical support.

Your investment in the medical business is reliably protected: we guarantee a stable income and undertake to return your share of the authorized capital if payments within 5 years do not reach the declared level. However, so far no investor has exercised their right – the projects implemented by us are successfully developing as part of a network of private medical centers, setting an example of professionalism and medical ethics.