Spółka komandytowa-Limited partnership in Poland

Hi all,

I am foreigner in Poland and being told that I should set up Spółka komandytowa (lmited partership company) instead of spolka z.o.o ( limited liability company). I would like to know the advantages and disadvantages between this two in term of business scope, personal and corporate tax, social security tax ( ZUS), ease of setting up, risk and liability.

My business partner is Polish, and we intend to set up a language school.

Do you have any experience in setting up company in Poland?

Would appreciate if you could shed some light on this.

Thanks.

Regards,
D_Anderson

There is no diference in taxes, ZUS, easy of setting up etc.
Only risk is diferent in both cases. It is based on the same principles as the English or American law.
In limited liability company (sp. z o.o.) the owners are responsible only up to share value, in limited partnership company (sp. kamandytowa) one of the partners is responsible with all his own possesions. Thats the diference.

Spólka komadytowa is much less popular because is quite difficult to understand all the responsabilities.
In general this kind of company is most suitable for two partners in case one of them have money oand other has nothing.
Sp zo.o. is more common and probably most popular.
Cost of creation is similar and requirements are almost the same.

If you will have future questions please contact me skony1971(at)wp.pl

did yo manaye to open the company? what kind of company did you open? I am also looking to open a business but i dont have any idea. I am indian can u suggest me what kind of company can i start? I need information about opening company so that I can live and do business in poland and on that basis apply for residence card. Can you tell me nvestment invloved and also montly fixed fees and taxes which has to be paid. our help will be highly appreciated.

Polish law is tricky, and even if you fulfill the requirements you will confront the bureaucracy.

We can do it for you , will be cheaper, better and faster

if you need also accountancy,logistic, and even warehouse we can talk about this

castaneda.consultores
Antonio Castaneda
Castaneda Consultores
NIP 666 203 4917
Chelmonskiego 12,
Kolo 62-600 Poland
0048 500 771 727