Simple joint-stock company or joint-stock company

Are you thinking about registering a simple joint-stock company or a joint-stock company? Below you will find basic information on each of these forms of doing business.
 Simple Joint Stock Company (PSA)
  1. Possibility of registration in the form of a notarial deed or on-line.
  2. Documentary form for documents, i.e. e.g. e-mail is sufficient for the validity of most decisions.
  3. Share capital from PLN 1.
  4. No website required.
  5. Structure:
    1. Shareholders (minimum 1 person)
    2. Management Board (minimum 1 person)
    3. The Supervisory Board is optional!
  6. No obligation to audit the annual financial statements by a statutory auditor!
  7. A simple joint-stock company may conclude an agreement with a brokerage house in order to keep a register of shareholders or a notary public may take care of this (which significantly facilitates the matter).
 Joint-stock company (SA)
  1. The need to establish in the form of a notarial deed.
  2. Most documents in a joint-stock company must be prepared in the form of a notarial deed, resolutions are adopted in a formalized manner.
  3. A capital of PLN 100,000 is required to establish a joint-stock company, and at least ¼ of the share capital (PLN 25,000) must be paid to the bank account of the company in organization when registering the company.
  4. Each joint-stock company is required to maintain its own website for communication with shareholders.
  5. Structure:
    1. Shareholders (minimum 1 person)
    2. Management Board (minimum 1 person)
    3. Supervisory Board (at least 3 people)
  6. In a joint-stock company, there is an obligation to audit the annual financial statements by a statutory auditor. 
  7. A joint-stock company must conclude an agreement with a brokerage house in order to keep a register of shareholders.

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