I am planning to set up a business in Poland, and I am currently looking at the legal structure. The business will be run by my business partner and me. We will provide services, and do not have a lot of investments and assets. I have been advised to set up a SPZOO (with my business partner and me as share holders) and a SPK. The SPZOO will not do business after the first months (to spend the 5000 pln capital requirement). The SPZOO will be the limitless partner in the SPK, and my business partner and I will be the limited partners. This will effectively bring down our tax rate to 19% (instead of 19% CIT and 19% PIT in case we only run a SPZOO).
Are there any draw backs to this construction? Why is not everybody using this structure?
Is it correct that the 19% tax rate is for the first 85.000 PLN per partner?
Do you have any experience with an accounting office that you can recommend (in Krakow)?
Do you know of a consultant that can arrange the registration of the companies for us (in Krakow)?
Thanks
Are there any draw backs to this construction? Why is not everybody using this structure?
Is it correct that the 19% tax rate is for the first 85.000 PLN per partner?
Do you have any experience with an accounting office that you can recommend (in Krakow)?
Do you know of a consultant that can arrange the registration of the companies for us (in Krakow)?
Thanks