Doing business in: Poland
Produced in partnership with Wardynski & Partners
Doing business in: Poland

The following Commercial guidance note Produced in partnership with Wardynski & Partners provides comprehensive and up to date legal information covering:

  • Doing business in: Poland
  • Introduction
  • Forming a company
  • Financing a company
  • Opening a branch office
  • Opening a bank account
  • Utilising office space
  • Acquisition of real estate
  • Immigration
  • Key employment laws
  • more

Updated September 2019

Introduction

Poland continues to be a strong economy regardless of the uncertain political climate (including the government’s policy to increase domestic ownership in banks and large enterprises and a policy to restrict foreign ownership of the media is under discussion), not only in Poland but throughout Europe. In the short time from its transformation from a socialist economy, the country has grown to become the strongest market in the Central and Eastern European region and one of the fastest growing ones in Europe. The GDP in 2017 reached 4.8% and exceeded 5% in 2018 as domestic demand accelerated and investment recovered on the back of growing business confidence. The prognosis for 2019 remains strong at 4%. Unemployment is below 4%, while shared prosperity indicators continue to improve. According to the World Bank, the three main challenges ahead for Poland are a shortage of labour in the economy, procyclical government policies encouraged by the political calendar, and adverse global factors.

Polish commercial law offers several different options for conducting business in Poland. The legal options described in this guide serve to present the most popular possibilities and should not be considered as exhaustive. Specific advice should be sought before setting up and running a business in Poland.

The business environment

Poland’s legislative power is vested in both the