According to Polish law, the following steps must be undertaken in order to establish a branch office in Poland:
- Pass a resolution providing consent for setting up the branch in accordance with the laws applicable to the head office;
- Appoint a Branch Office Manager to represent the entity;
- Register the branch in the register of entrepreneurs in the National Court Register;
- Open a bank account;
- Register for tax purposes;
- Obtain a tax identification number (NIP) and a statistical number (REGON);
- Notify the relevant social security authorities.
A foreign entrepreneur who plans to set up a branch should also be aware of and consider the following issues:
- The branch may only conduct similar activities to the foreign (“Head Office”) company, which means that the scope of activity of the branch can be narrower than the Head Office but cannot be broader;
- The branch office must use the original name of the foreign entrepreneur together with a Polish translation of the legal form of the entity and the extension “Oddział w Polsce” (Branch office in Poland);
- Maintain separate accounting records in Polish in accordance with the provisions of the Polish Accounting Act.
Source: Trinity_Shelf_Companies
Market leader in Poland and one of the pioneers of ready-made, shelf companies
in the CEE.
