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)
- Possibility of registration in the form of a notarial deed or on-line.
- Documentary form for documents, i.e. e.g. e-mail is sufficient for the validity of most decisions.
- Share capital from PLN 1.
- No website required.
- Structure:
- Shareholders (minimum 1 person)
- Management Board (minimum 1 person)
- The Supervisory Board is optional!
- No obligation to audit the annual financial statements by a statutory auditor!
- 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)
- The need to establish in the form of a notarial deed.
- Most documents in a joint-stock company must be prepared in the form of a notarial deed, resolutions are adopted in a formalized manner.
- 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.
- Each joint-stock company is required to maintain its own website for communication with shareholders.
- Structure:
- Shareholders (minimum 1 person)
- Management Board (minimum 1 person)
- Supervisory Board (at least 3 people)
- In a joint-stock company, there is an obligation to audit the annual financial statements by a statutory auditor.
- A joint-stock company must conclude an agreement with a brokerage house in order to keep a register of shareholders.