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Investing in Krakow
Everybody is free to do business in Poland
regardless of nationality, and only in the case
of a handful of sectors deemed most sensitive to
national security–i.e. more or less the
worldwide standard medley from defense industry
to TV–either there are certain restrictions or
concessions are required. At the same time no
industry is closed to private enterprise. All companies
incorporated in Poland, no matter who owns them,
are equal before the law of the country. And the
Polish competition law, the protection of
intellectual property, bankruptcy law, etc. are
nowadays up to the Western standards.
Polish
corporations can be owned altogether and run by
foreign shareholders.
Full
repatriation of capital as well as after-tax
profits and dividend earnings is guaranteed.
Foreign
investors may launch (or buy a share of) a
limited liability company or a join stock
company–with Polish partners or without. They
may also establish a branch or a representative
office of some their enterprise incorporated
elsewhere. As regards branches, their scope of
business is limited to the core business of the
parent company and their registration is
required, while they are subject to the same
taxes as regular companies.
Tips
for foreign investors:
1. You need a lot of patience in dealings with
bureaucracy–in Krakow as everywhere.
2. A knowledgeable native helper with connections
can prove pretty instrumental in cutting through
the red tape.
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Business in Krakow
Tips
for the Business Visitor Coming to Krakow
Foreign
Direct Investment in Krakow
Krakow
Technology Park
Taxes
in Poland
Krakow's
Real Estate
New
Town in the Center of Krakow
Krakow's
Biggest Industrial Corporations
Krakow
Economy
Shopping
in Krakow
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