Register a Tourism Company in Warsaw: Requirements & Procedure

Are you considering diving into the vibrant tourism industry in Warsaw, Poland? Look no further. Warsaw offers a fantastic chance for businesspeople looking to launch a tourist company because of its rich history, diverse cultural legacy, and growing tourism industry. Whether you’re attraction is to the city’s historic buildings, bustling nightlife, or burgeoning culinary scene, Warsaw offers something for everyone. 

In this guide, we’ll explore why Warsaw is the ideal location for your tourism business, the legal requirements for setting up a business in Warsaw, choosing the right business structure, and the step-by-step procedure to make your dream a reality.

Why Choose Warsaw for Your Tourism Business?

Warsaw, the capital city of Poland, is a dynamic metropolis brimming with history, culture, and modernity.

Here’s why it’s an ideal location for your tourism business:

• Rich Cultural Heritage: From its immaculately reconstructed Old Town to its top-notch museums and galleries, Warsaw offers a wealth of historical and cultural details. Travellers swarm to Warsaw to experience its dynamic present and intriguing past.
• Strategic Location: Warsaw is a great place to start seeing the rest of Poland and beyond because of its central location in Europe. Travellers from other nations and other places can readily reach it because of its well-connected transportation system.
• Expanding Tourism Sector: Millions of tourists visit Warsaw annually, marking a major increase in the city’s tourism industry during the last ten years. The city continues to attract tourists from all over the world with its wide range of activities, exciting nightlife, and developing culinary scene.
• Friendly Business Environment: Poland’s favourable investment climate and pro-business legislation make it an appealing destination for entrepreneurs. Opening a business in Warsaw is comparatively simple because to the government’s initiatives and reduced bureaucracy.

Legal Requirements for Tourism Companies in Warsaw

Before diving into the registration process, it’s crucial to understand the legal requirements for tourism companies in Warsaw:

• Business Registration: You’ll need to register your company with the National Court Register (KRS). This process can be completed electronically or through a notary public.
• CEIDG Registration: Registration with the Central Register and Information on Economic Activity (CEIDG) is mandatory. This registration assigns a unique identification number (NIP) to your company.
• Travel Guarantee: Polish law mandates that tourism companies possess a travel guarantee. This financial security ensures that customers are reimbursed in case of unforeseen circumstances, such as company bankruptcy.
• Local Business Permits: Depending on the specific services offered by your tourism company, additional local business permits may be required. 
• Tax Registration: All businesses in Poland must register for Value Added Tax (VAT). The registration process depends on your company’s anticipated annual revenue.

Choosing the Right Business Structure for Your Tourism Business in Warsaw

When establishing your tourism company in Warsaw, you’ll need to choose the right business structure that aligns with your goals and objectives.

Here are the most common business structures in Poland:

• Sole Proprietorship: The most basic type of business structure is a sole proprietorship, in which the owner is directly in charge of every aspect of the company. While sole proprietorships offer minimal personal liability protection, they are easy to set up and maintain.
• Limited Liability Company (LLC): Small and medium-sized enterprises in Poland frequently choose to set up LLC in Warsaw, Poland. It permits flexibility in taxation and management while providing its owners with little liability protection.
• Joint Stock Company (JSC): A JSC is a more complex business structure typically suited for larger enterprises. It allows for the issuance of publicly traded shares and offers enhanced access to capital but entails greater regulatory requirements and administrative overhead.

Procedure to Set Up a Tourism Business in Warsaw

Now that you understand the legalities, let’s delve into the registration process:

Pick a Business Name 

Pick a distinctive and unforgettable name for your business. Conduct a trademark search to ensure the name isn’t already in use.

Prepare Registration Documents

Gather the necessary documents for registration, including your business plan, company charter, and proof of residence for all company owners/directors.

Register Your Business

After your business plan is complete, it’s time to register your company with the relevant government agency.  This typically involves submitting the necessary paperwork to the National Court Register (KRS) and obtaining a Tax Identification Number (NIP).

Obtain Licenses and Permits 

You could require particular licenses or permits from the appropriate authorities, depending on the type of tourism business you operate. This may include permits for guided tours, transportation services, or operating in certain tourist areas.

Open a Bank Account for Your Business

To keep accurate financial records and streamline transactions, open a special bank account for your travel agency.

Conclusion

For entrepreneurs wishing to capitalize on Poland’s booming tourism industry, starting a tourism business in Warsaw offers a profitable opportunity. Warsaw provides the ideal setting for your tourist endeavour because of its extensive cultural legacy, advantageous location, and encouraging business climate. By understanding the legal requirements, choosing the right business structure, and following the step-by-step procedure outlined in this guide, you can turn your dream of owning a tourism company in Warsaw into a reality.

OnDemand International can help you establish your business in Warsaw, Poland, and further offer assistance with other business-related services like obtaining a virtual office and creating a bank account. Contact our business experts today to register your business in Warsaw.