Prikhodko&Partners
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International corporate law
Fintech
Business Setup and Support in Poland
Opening a business and accounts Registration of an association providing p2p services in Poland

Mykola Sirenko

Lawyer

E-mail

sirenko@prikhodko.com.ua

Phone numbers

Expert in corporate and international corporate law. Has extensive experience in supporting the acquisition of financial licenses in Ukraine, as well as business incorporation in the EU, the United Kingdom, Switzerland, the UAE, and key Asian jurisdictions.

Registration of an association providing p2p services in Poland

A frequently asked question is whether a beat card is required to unlock Sp. z o. o. The answer is no, it is not necessary.

But if you come to Poland and would later like to get legalized in Poland from your business, you have the right to apply for a card issued from your business.

However, it will be difficult to do in the initial stages of implementing your business.

What you need to have to register Sp. z o.o.?

PESEL
Profil Zaufany (electronic signature)
Polish address (contract for an apartment with a Polish address)
Legal address (you will receive all correspondence at this address)

What do I need to do to register?

Choose the name Sp. z o. o. (we recommend choosing 3-4 options, as there may already be an association with the name you have come up with)
Decide on PKD (types of business activity, 1 of the types will be listed as the main and most important)
Prepare all documents (from the application for registration to the founding agreement in the case of several founders or the founding deed in the case of one newcomer

When registering a company, P2P transactions must be specified as PKD, if the company will:

Provide a platform for P2P transfers
Act as a payment agent for P2P transfers
Develop software for P2P transfers

Importantly! Before introducing this type of activity, make sure that the company will be able to obtain all licenses and permits. And remember that some P2P platforms have limits on the transfer amount.

It should be remembered that the authorized capital is PLN 5,000.

The advantage of registering Sp. z o. o. in Poland, it is possible to use the S24 service (this requires the presence of an electronic signature). If you use the services of this service, the State Court Register will independently redirect your data to other services. You will be automatically assigned a NIP and you will also be registered with ZUS.

How long to wait before entering the court register after registration?

In general, this process takes 7 to 24 days. But in exceptional cases, it can take up to a month.

What does the company get after successful registration?

KRS number (State Court Register)
NIP (company tax identification number)
REGON (all-Polish register of subjects of the national economy)
registration with ZUS as a new payer of social contributions.

Recommendation: establish Sp. z o. o. with 2 or more founders, otherwise there is a risk of the association being recognized as a sole proprietorship. And this means that regardless of whether Sp brings. z o.o. income or not, you will have to pay approximately 1200-1300 zlotys per month.

In general, the tax for Sp. z o. o. constant – 19%.

I have a company, but how can I get paid for my services? – It is necessary to open a corporate bank account. The account opening process can take from a few days to a few weeks.

It is important to define all stages and documents precisely to avoid delays.

Therefore, before deciding to create Sp. z o. o. we recommend that you consult with an expert to ensure that this form meets the specific needs and goals of your business, and to make your registration process more efficient and quick.

Calculate the cost of services

1 question

Are you in Poland?

Yes

2 question

Have you chosen activities for the company?

Yes

3 question

Have you already tried to register a company?

Yes

How long does company registration take?

If the remote S24 system with standard articles of association is used, the procedure for entering the company in the register takes from 1 to 7 business days. If the business requires individually drafted articles of association, the process is completed through a Polish notary and takes from 14 to 21 days. Additional time will be required to open a bank account, depending on how quickly banking compliance is completed.

Which is better for a foreigner: JDG or Sp. z o.o.?

Individual business activity (JDG) is primarily suitable for freelancers, but it has two critical disadvantages: unlimited financial liability with all personal assets and high monthly ZUS contributions (more than PLN 2,350 per month in 2026). An Sp. z o.o. protects personal assets (liability is limited to capital starting from PLN 5,000) and allows ZUS contributions to be completely avoided if the company has two or more founders.

Is it necessary to immediately deposit the PLN 5,000 share capital into an account?

No. Under Polish law, during registration it is sufficient to provide an electronic declaration of the management board confirming that the minimum share capital (PLN 5,000) has been fully formed and contributed by the founders. There is no requirement to freeze the funds in a special bank account before company registration.

Successful cases on the topic: