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Doing Business in Poland

Published 25 August 2026

In short

Poland is an EU member state and the bloc's sixth largest economy, and Indian citizens can own 100 per cent of a Polish company with no local director required. Most choose a limited liability company, which needs PLN 5,000 share capital and registers in one to five days online, though documents from India need notarisation, apostille and sworn translation.

Key facts

Capital
Warsaw
Currency
Polish zloty (PLN)
Trade with India
USD 5.80 billion in 2024 (India's exports USD 4.36 bn, imports USD 1.44 bn)
Indian community
About 30,000, including roughly 5,000 Indian students (Embassy of India, Warsaw)

Poland is the sixth largest economy in the European Union and, for an Indian company, one of the more practical doors into the EU single market. Goods cleared into Poland move freely across all twenty seven member states. Labour costs are lower than in Western Europe, the engineering and IT talent pool is deep, and there is no requirement anywhere in Polish company law for a local resident director or a local shareholder. An Indian founder can own one hundred per cent of a Polish company and sit alone on its board.

The market in plain numbers

Poland recorded nominal GDP of about USD 1.035 trillion in 2025, with real growth of 3.6 per cent, on a population of roughly 36.4 million. It sits in the centre of the continent, on the Baltic, with about fifteen international airports, several major seaports and a motorway network that has been rebuilt over two decades of EU funding. It has been in the EU since 2004 and in the Schengen Area, so the customers reachable from a Polish base number over four hundred million.

The zloty, not the euro, is the currency. That is worth planning for. It gives Poland independent monetary policy, but it also means an Indian exporter invoicing in euro or dollars carries a currency leg that would not exist in a eurozone country.

Where Indian business already is

The Indian commercial presence in Poland is unusually concentrated and unusually large. Around eleven Indian IT companies run delivery centres there, employing roughly ten thousand Polish nationals between them, including Tata Consultancy Services, Infosys, HCL, Wipro, Genpact, KPIT, L and T Technology Services and Zensar. Outside technology, Indian firms operate in flexible packaging, oleochemicals, paints, pharmaceuticals and beverages. Cumulative Indian investment in Poland is above USD 3 billion. The Indian community numbers about thirty thousand people, with roughly five thousand Indian students at Polish universities.

This matters practically. You are not the first Indian business to land in Warsaw or Krakow. There are Indian chartered accountants, Indian lawyers, Polish staff who have worked for Indian employers, and a supply of graduates who already know how Indian delivery models operate.

Which company forms are actually open to you

This is the point most first timers get wrong. Polish law does not open every business form to every foreigner. Citizens of the EU and EEA, and of the United States and Switzerland, may use any form. So may anyone holding a Polish residence permit that allows business activity.

An Indian citizen without such a residence permit is restricted to a defined list: a limited partnership, a limited joint stock partnership, a limited liability company, a joint stock company, a simple joint stock company, and a branch office where the relevant mutual agreement between India and Poland covers the sector. India has such arrangements for selected sectors including construction, tourism, transport and science and technology.

In practice most Indian promoters choose the limited liability company, the spolka z ograniczona odpowiedzialnoscia. It is close in structure to an Indian private limited company, needs only PLN 5,000 of share capital, and can be registered online. The newer simple joint stock company, introduced in 2021 for startups, needs share capital of just PLN 1 and allows a single combined board of directors rather than separate management and supervisory boards.

The honest difficulties

Polish administrative practice is documentary and it is conducted in Polish. The National Court Register operates only on Polish language documents, so anything you sign in India needs a notarial deed, an apostille, and then a sworn Polish translation. That chain is the single biggest source of delay. Registration itself is fast once papers are correct, one to five working days through the S24 online system, about seven days through the court portal, but assembling and legalising the documents from India can stretch the real timeline to several weeks and occasionally months.

Two further points. You can form the company remotely under a power of attorney, but opening the corporate bank account will usually require someone to appear in person, or a separate specific power of attorney depending on the bank. And there is no India Poland bilateral investment treaty in force: India terminated the 1996 agreement in March 2017, leaving only a survival clause for qualifying pre 2017 investments. Structure your protections commercially rather than assuming treaty cover.

How to apply

  • Decide the company form first. As an Indian citizen without a Polish residence permit you are limited to a limited partnership, a limited joint stock partnership, a limited liability company, a joint stock company, a simple joint stock company, or a branch office where the India Poland sector arrangement allows it.
  • Settle the basics your representative will need: the proposed company name, shareholder and partner details, the amount of share capital, the registered office address, and how the company will be represented.
  • Sign a power of attorney in favour of your Polish representative so that the whole process can run without you being in Poland. It must be executed as a notarial deed and then apostilled in India.
  • Send the apostilled power of attorney to Poland, where it goes to a sworn translator. The National Court Register accepts documents in Polish only.
  • Have the articles of association drawn up and signed, either before a Polish civil law notary or on the dedicated template inside the S24 online system if you are using that route.
  • Make the share capital contributions. A limited liability company needs PLN 5,000, a joint stock company PLN 100,000, a simple joint stock company PLN 1.
  • Appoint the company's bodies: the management board, and a supervisory board or audit committee where the form or the shareholder count requires one.
  • File for entry in the National Court Register (KRS), electronically through the PRS court portal or through S24. Attach the shareholder list, the board consents and appointments, the capital contribution declarations and proof of the registration and publication fees.
  • Wait for the entry. S24 filings are typically accepted in one to five days, PRS filings in about seven days. If the application is incomplete you get a further seven days to correct it.
  • Pay the PCC transaction tax within 14 days of formation. It is 0.5 per cent of the share capital for companies, or of partner contributions for partnerships.
  • File the beneficial ownership information to the Central Register of Beneficial Owners (CRBO) within 14 days of the KRS entry.
  • Complete tax registration: obtain the NIP tax identification number, file the supplementary NIP-8 form, and register for VAT if your activity requires it.
  • Register the company and any employees with ZUS, the Social Insurance Institution, for social security and health insurance contributions.
  • Open the corporate bank account. This normally needs a personal visit or a specific notarised and apostilled power of attorney, depending on the bank.
  • Obtain any sector permits, licences or certifications your activity needs, then set up ongoing compliance: annual financial statements to the KRS and the tax office, and prompt reporting of any change in name, address, board or structure.

What the trade actually looks like

India sells

  • Textiles and textile articlesThe single largest Indian export line to Poland, around USD 645 million in 2023 (Embassy of India, Warsaw).
  • Base metals and articles of base metalAmong the top Indian export groups to Poland (Embassy of India, Warsaw).
  • Chemical productsA leading Indian export category into the Polish market (Embassy of India, Warsaw).
  • Machinery and mechanical appliancesIn the top ten Indian export groups to Poland (Embassy of India, Warsaw).
  • Footwear and leather articlesNamed among India's leading exports to Poland (Embassy of India, Warsaw).
  • IT and business process servicesNot counted in goods data. About 11 Indian IT firms deliver from Poland, employing roughly 10,000 Polish nationals (Embassy of India, Warsaw).

India buys

  • Machinery and mechanical equipmentThe largest Polish supply category into India (Embassy of India, Warsaw).
  • Mineral productsAmong the leading Polish exports to India (Embassy of India, Warsaw).
  • Base metals and articles thereofA principal Polish import line into India (Embassy of India, Warsaw).
  • Plastics and articles of plasticAmong the top Polish exports to India (Embassy of India, Warsaw).
  • Chemical productsA leading Polish supply into the Indian market (Embassy of India, Warsaw).
  • Coal mining and mining technologyAn identified cooperation area; India and Poland signed a coal mining cooperation agreement in 2019.

Treaties and agreements with India

India Poland Double Taxation Avoidance Agreement, as amended by protocol In force 1989, protocol signed 29 January 2013

The protocol took effect on 1 June 2014 and applies in India from 1 April 2015. It caps withholding tax at 10 per cent on dividends and interest, and 15 per cent on royalties and fees for technical services. An Indian company billing a Polish client therefore does not pay full tax twice on the same income.

India Poland Strategic Partnership and Action Plan 2024 to 2028 Agreed 22 August 2024

Agreed in Warsaw during the Prime Minister's visit. It names high technology, agriculture and agritech, food tech, energy, green technology, infrastructure, smart cities, defence, healthcare, pharmaceuticals and mining as priority areas, and commits the Economic Cooperation Commission to meet at least twice in five years, giving companies a standing government channel for market access problems.

India Poland Social Security Agreement Signed 25 November 2024

Signed in Warsaw. Agreements of this kind let staff posted between the two countries stay in their home social security scheme for a fixed period, so an employer does not pay contributions twice. That directly reduces payroll cost for Indian firms rotating engineers into Polish delivery centres. Confirm the current commencement position before relying on it.

Agreement on Economic Cooperation 2006

The standing framework treaty behind the Joint Commission on Economic Cooperation. It does not itself cut tariffs or tax. It matters as the forum where non tariff barriers, certification problems and investment obstacles get formally tabled between the two governments.

Bilateral Investment Promotion and Protection Agreement Signed 1996, terminated by India in 2017

Worth knowing precisely because it is gone. India unilaterally terminated the 1996 treaty on 22 March 2017, leaving only a fifteen year survival clause for qualifying investments made before that date. There is no investment treaty protection in force for a new Indian investment into Poland today, so build your protections into the commercial contracts.

Which company type to use

Limited liability company (spolka z ograniczona odpowiedzialnoscia)The usual choice for Indian promoters and the closest match to an Indian private limited company. Share capital of PLN 5,000, divided into shares. Legal personality, so shareholders are not liable beyond their contributions. Can be registered online through S24. Formed by one or more natural or legal persons, but not by a single shareholder limited liability company alone.
Simple joint stock company (prosta spolka akcyjna)Introduced in 2021 and aimed at innovative startups. Share capital of PLN 1. Flexible governance, including the option of a single board of directors combining management and supervisory roles, and easy remote shareholder resolutions. Can also be set up through S24.
Joint stock company (spolka akcyjna)For large undertakings and the only form that can list on a stock exchange. Share capital of PLN 100,000 divided into shares of equal nominal value. Articles must be executed as a notarial deed. Required for certain regulated activities such as banks and insurers.
Limited partnership (spolka komandytowa)Two classes of partner. The general partner carries unlimited liability and normally represents the partnership; the limited partner is liable only up to a fixed agreed amount and has correspondingly limited powers.
Limited joint stock partnership (spolka komandytowo-akcyjna)Share capital of at least PLN 50,000. A general partner with unlimited liability sits alongside shareholders. Joint stock company rules apply to the share capital, the shares and the general meeting. A supervisory board becomes mandatory above 25 shareholders.
Branch officeAn organisational unit of the foreign company with no separate legal personality, so the Indian parent remains liable for everything it does. Its activity must stay within the scope of the parent. Open to Indian companies where the India Poland mutual arrangement covers the sector, including construction, tourism, transport and science and technology.

Visas and tax

Getting yourself there

An Indian director may perform board duties on a valid visa if the stay stays under six months in any twelve month period. Beyond that, a type B work permit covers management board members. Employing any non-EU national requires the employer to obtain a work permit first, in types A to E or S depending on the arrangement, issued for nine months to three years, with processing from two weeks to several months. The worker then collects a visa of up to 365 days at the Polish consulate in India.

What you will pay

Corporate income tax is 19 per cent, with a reduced 9 per cent rate for small taxpayers under the EUR 2 million revenue limit and for newly formed companies in their first tax year, subject to statutory conditions. Personal income tax runs on a 12 and 32 per cent scale, or 19 per cent flat, or a lump sum of 2 to 17 per cent by activity. Poland also offers Estonian CIT, where tax falls due only on distribution, a 5 per cent IP Box rate and R&D relief. The India Poland Double Taxation Avoidance Agreement has been in force since 1989 and was updated by a protocol effective 2014.

Local help on the ground

Country partner

A Polish law firm of advocates and legal counsel with an Indian Desk. It handles company formation, commercial contracts, employment and work permits, tax advice, construction and e-commerce, and it works with Indian clients setting up in Poland. Much of the practical detail on this page comes from material the firm prepared for Indian entrepreneurs.

Dr. Judyta Latymowicz Partner and Head of Indian Desk
Visit Legally Smart

Indian government support for this market

Trade Connect ePlatform, Department of Commerce

A single window for exporters launched in September 2024. It carries country and product market guides, guidance on FTA benefits and e-commerce, and connects an exporter directly to Indian missions abroad and to export promotion councils. Built for MSMEs facing information gaps on markets like Poland.

RoDTEP, Remission of Duties and Taxes on Exported Products

Refunds embedded central, state and local duties that are not otherwise rebated, credited as a transferable scrip. DGFT has extended the scheme with existing rates and caps until 30 September 2026. It improves the landed price of Indian goods entering Poland and the wider EU.

ECGC Limited

The government owned export credit insurer under the Department of Commerce. It covers the risk of a buyer not paying, plus political and transfer risk, and backs bank lending against export receivables. For a first sale to an unfamiliar Polish distributor it turns open account credit risk into an insured exposure.

Federation of Indian Export Organisations (FIEO)

The apex export promotion body set up jointly by the Ministry of Commerce and Industry and Indian industry. It issues the Registration cum Membership Certificate needed for several export benefits, runs buyer seller meets and delegations to Europe, and provides market intelligence for exporters targeting Poland.

Embassy of India, Warsaw

The commercial wing maintains the bilateral trade and investment briefs, helps verify counterparties, and is the first point of contact for a company facing a market access or payment problem in Poland.

Frequently asked questions

Does a Polish company need a local Polish shareholder?

No. There is no local shareholding requirement in Poland. As a foreign investor you may hold 100 per cent of the shares in the company.

Do I need a Polish resident director on the board?

No. The management board can consist entirely of non-residents, and the company can have a single director. Poland does not require a resident board member, which is unusual in Europe and is one of the country's real advantages.

Can I set up the company without travelling to Poland?

Yes, the incorporation itself can be done remotely through a power of attorney given to a local representative. Your visit will usually be needed to open the corporate bank account, though some banks accept a specific power of attorney instead.

How long does registration take?

Through the S24 government system it is about two to five working days from the point where all documents are in order. Through a notary public with paper documents it is roughly four to six weeks. Collecting, apostilling and translating documents from India is what usually sets the real timeline.

What is the minimum share capital?

It depends on the form. A limited liability company needs PLN 5,000, a joint stock company needs PLN 100,000, a limited joint stock partnership needs PLN 50,000, and the simple joint stock company needs only PLN 1.

Which company type do Indian promoters usually choose?

The limited liability company, spolka z ograniczona odpowiedzialnoscia. It is the closest Polish equivalent to an Indian private limited company, has low capital requirements and can be registered through the online S24 system.

Do I need an office in Poland?

You must give a registered address for the company at registration, but virtual office services are permitted in Poland and are commonly used by foreign owned companies at the start.

Do I need a work permit to sit on the board?

Not if your stay in Poland does not exceed six months in any consecutive twelve month period; a valid visa is enough. Beyond six months you need a type B work permit, which covers management board members.

Does registering a company give me Polish residency?

No. Investing or registering a company does not grant residency automatically. It does give you a basis to apply for a temporary residence permit, provided you meet the criteria, which include proving regular and stable income and sufficient funds.

What corporate tax will the company pay?

The headline corporate income tax rate is 19 per cent. A reduced 9 per cent rate applies to small taxpayers whose prior year sales did not exceed the equivalent of EUR 2 million, and to newly formed companies in their first tax year, subject to other statutory conditions.

Before you apply: confirm every date, fee and eligibility rule on the official website linked on this page. Public and Policy is an independent portal, not a government body, and details change without notice.