During our practice we have served versatile consulting to foundations, public funds, corporations and individual investors.
During our practice we have served versatile consulting to foundations, public funds, corporations and individual investors.
Economic Operators Registration and Identification (EORI) is a unique number used in the customs territory of the European Union and assigned to an entrepreneur or other person for registration for customs purposes. The EORI system, which entered into force on July 1, 2009, is designed to facilitate the work of the customs administration in the European Union. Thanks to this system, all necessary documents can be filled out electronically.
The amount of the share capital is specified in the articles of association. The share capital of a limited liability company should amount to at least 5000 PLN, and the nominal value of the share may not be lower than 50 PLN. The legal regulations don’t specify the maximum value of the share capital. While the share capital is determined when establishing a company, it can be increased to any amount as the company grows. The increase of the company's share capital may consist in increasing the nominal value of shares or in creating new shares.
A limited liability company as a capital company may operate only through its bodies. The management bodies of a limited liability company must be set up at the stage of formation of the company, and information on the bodies and the manner of representation of the company is entered in the articles of association and recorded in the National Court Register.
A foreign company can conduct business in Poland by opening a branch. A branch is a separate and organizationally independent part of economic activity carried out by an entrepreneur outside the head office.
Citizens of the European Union Member States and their family members may stay in Poland for a period of 3 months without the need to register their stay. The only requirement is to have a document confirming identity and citizenship. If the stay on the territory of Poland is longer than 3 months, an EU citizen is obliged to register his stay, and a family member who isn’t an EU citizen is obliged to obtain a residence card of an EU citizen's family member. The application for registration of stay must be submitted to the voivode competent for the place of stay, no later than on the day following the lapse of 3 months from the date of entry into the territory of Poland.
