Limited liability company is a capital company.
Limited liability company Articles of Association must be signed by all shareholders in the presence of a public notary (members of the limited liability company management board also have to sign their signature in the presence of a public notary).
Limited liability company in organization, that means after conclusion notary agreement of company, but before registration in register court, can in its own acquire rights, including real estate property, movable and other material rights, incur liabilities, sue or be sued. Limited liability company can be created by one or more people in any law accepted cases, except when the act constitutes otherwise. However limited liability company cannot be created only by another one-person limited liability company.
After conclusion agreement of limited liability company in the form of notary act our legal office will obtain for your limited liability company in organization the following numbers: REGON, Tax Identification Number and will register company for VAT. Afterwards accomplishes registration of limited liability company in The National Court Register. The company obtains the juridical personality after registration. Share capital of the company should amount at least 5.000 zlotys. The nominal value of share cannot be smaller than 50 zlotys. The name of company can be chosen freely, but must contain additional words “spółka z ograniczoną odpowiedzialnością” (limited liability company). Acceptable is use of abbreviation “spółka z o. o.” or “sp. z o. o.”.
For company’s liabilities is responsible company with its whole property. The shareholders are not responsible for company’s liabilities. For company’s liabilities can be jointly responsible the members of management board, but only when the execution towards company will be ineffective (subsidiary responsibility). The member of management board can be released from responsibility if he shows, that during appropriate time he had submitted an application about announcement of liquidation or had begun systemic legal proceeding, or non-announcement the application about liquidation and not beginning systemic legal proceeding had occurred not on his fault. The company is represented and managed by the management board. The management board consists of one or more members. To the management board can be called shareholders or other people. The member of the management board is called and called off with the resolution of shareholders, except when the company’s agreement declares otherwise.
Procedure:
Starting S24 - a limited liability company which is registered within one day