Going Global - Business Opportunities in Poland December 7, 2007

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GOING GLOBAL – BUSINESS OPPORTUNITIES IN POLAND CONFERENCE

Emirates Stadium

December 7, 2007

Artur Swirtun, PartnerMagnussonDobra 56/68, 00-312 Warsaw, PolandSwitchboard: +48 22 55 27 555Direct: +48 22 55 27 549E-mail: artur.swirtun@magnussonlaw.com

Going Global - Business Opportunities in Poland December 7, 2007

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Magnusson: Background

Artur Swirtun• Partner and member of the management

board of Magnusson

• More than 10 years of experience in Poland

The firm• The team has been operating in Poland

since 1996

• Full-service independent law firm

• Other offices: Sweden, Denmark, Russia

• Recommended by independent benchmarking publications (Chambers & Partners, Legal 500)

Going Global - Business Opportunities in Poland December 7, 2007

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• „Call Geldards” – Done

• „Call Magnussons” – Done

• „Call Liz Walker” – Done

• Some guidelines before you start to drink vodka...

Starting Your Business In Poland - Checklist

Going Global - Business Opportunities in Poland December 7, 2007

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• Same regulations as for the Polish citizens and

entities

• Act on the Polish language

• Notary Public

• Off-the-shelf companies

Starting Your Business In Poland

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• Limited Liability Company (spółka z ograniczoną odpowiedzialnością – sp. z o.o.)

• Joint-Stock Company (spółka akcyjna - S.A.)• Limited Partnership (spółka komandytowa –

sp.k.)• Limited Joint-Stock Partnership (spółka

komandytowo-akcyjna (S.K.A.)• Branch Office (Oddział)

Legal Forms Available For Doing BusinessIn Poland

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• Limited liability

• Minimum share capital: PLN 50.000 (approx. ₤ 10.000)

• Articles of association vs. Shareholders agreement

Limited Liability Company

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• Shareholders meeting

• Management board

• Supervisory board

Limited Liability Company

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• Apostille clause, notary public and sworn translations

• KRS – Registration certificate

• NIP - Tax Identification Number

• REGON - Statistical Identification Number

Registration

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• Branch office

• Representative office

Other Types

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Now you can start to drink vodka!

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Thank you for your attention

Artur Swirtun, Partner

Magnusson

Dobra 56/68, 00-312 Warsaw, Poland

Switchboard: +48 22 55 27 555

Mobile: +48 601 94 52 80

E-mail: artur.swirtun@magnussonlaw.com

www.magnussonlaw.com

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MAGNUSSON 56/68 DOBRA STR., PL 00-312 WARSAW, POLAND

E-MAIL: WARSAW@MAGNUSSONLAW.COM, WWW.MAGNUSSONLAW.COM

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