Open an Asset Management Company In Poland From India: Procedure & Benefits

In the ever-changing world of international business, branching out into new markets can be a calculated step toward expansion and diversity. For Indian entrepreneurs eyeing the vibrant economy of Poland, establishing an asset management company presents a promising opportunity. 

This guide will walk you through the process of starting an asset management company in Poland from India, covering legal requirements, business structures, registration procedures, and the benefits of venturing into the Polish market.

Business Structures Available for Your Company in Poland

There are various company structures available to asset management businesses under Polish legislation. Your unique requirements and operating objectives will determine which one is best for you.

The two most popular options are as follows:

Limited Liability Company (Sp. z o.o.)

An LLC in Poland is the most popular choice for international investors due to its:

• Limited Liability: Stockholders’ liability is limited to their investment.
• Flexible Management: The company can be managed by a sole director or a board of directors.
• Minimum Share Capital: The minimum share capital is PLN 5,000 (approx. EUR 1,100).

Joint Stock Company (S.A.) 

This structure serves businesses looking to raise money through initial public offerings.

It’s characterized by:

• Greater Share Capital: A minimum of PLN 100,000 (about EUR 22,000) is required for shares.
• Supervisory and Management Boards: The organization needs both a supervisory and a management board.
• Greater Complexity: The administrative processes associated with S.A.s are more intricate.

Process for Starting an Asset Management Company in Poland from India

Setting up your Polish asset management company involves several steps:

Company Name Reservation

Reserve your desired company name with the National Court Register (KRS). Our experts from OnDemand International can assist you in registering and reserving your chosen company name in Poland.

Select an Organizational Structure

Select a suitable business structure by taking into account both legal requirements and your business goals.

Prepare Articles of Association

This document outlines the organization’s structure, management, and goals.

Register Your Company

File the necessary documents with the Polish authorities and obtain the required permits and licenses.

Set up a Corporate Bank Account 

Deposit the minimum share capital into a Polish bank account.

Obtain Licenses and Permits

Secure the necessary licenses and permits from the KNF to operate as an asset management company.

Documentation needed for Registering an Asset Management Company in Poland from India

In order to register your Polish asset management firm, the following paperwork must be submitted:

1. Properly filled out application forms
2. Articles of Association
3. Proof of director’s identity and residence
4. Proof of the business address
5. Bank statement reflecting the minimum share capital deposit
6. Power of attorney (if applicable)

Requirements for Registering an Asset Management Company in Poland from India

To register your asset management company in Poland from India, you’ll need to fulfil the following requirements:

1. Legal Entity: Your business must be an LLC or JSC, or another type of entity recognized by Polish law.
2. Registered Office: Maintain a registered office address in Poland, where formal letters should be sent.
3. Share Capital: For LLCs, a minimum share capital of PLN 5,000 is required, while JSCs must have a minimum share capital of PLN 100,000.
4. Directorship: Designate a minimum of one director to oversee the company’s operations and act as its legal representative.

Benefits of Starting an Asset Management Company in Poland

Launching an asset management company in Poland offers a plethora of benefits, including:

• Strategic Location: Poland’s location at the intersection of Europe makes it an ideal entry point into the rich European market, which has over 500 million consumers.
• Stable Economy: Poland provides investors with stability and growth prospects due to its strong GDP growth and business-friendly atmosphere.
• Skilled Workforce: Benefit from a highly educated and skilled workforce, with proficiency in multiple languages and expertise in finance and technology.
• EU Membership: Poland’s adherence to EU norms and standards as a member of the EU enhances credibility and facilitates cross-border operations.
• Government Incentives: Take advantage of various government incentives and support programs aimed at attracting foreign investment and fostering economic development.

Conclusion

Establishing an asset management business and entering the Polish market offers profitable growth and expansion prospects. At OnDemand International, we specialize in assisting foreign investors and business owners with the seamless incorporation of their enterprises in Poland. You may successfully negotiate the hurdles of company creation and start your journey toward success with our experience and individualized guidance. Get in touch with us right now for a simple business incorporation procedure and let’s turn your vision into reality.