- Global HR Compliance
- Global PEO and payroll
- Expand without a company set up
- Contractor vs. employee: which is better?
- Work permit for hiring expats via PEO
Global Employer of Record (EOR) in Poland
Global employment services
Central Europe is quickly becoming an important hub for global business operations, and Poland is especially attractive for international companies who want to do business in Europe and beyond. However, establishing a permanent business entity in Poland is not always the optimal solution for companies who are just beginning to explore the Polish business landscape. Even if a permanent in-country entity is your end goal, you may need to gather a boots-on-the-ground team to help you get things up and running, prior to incorporation.
In either case, or if you are an agency representing a corporate client, Acumen International offers a perfect global Employer of Record (EOR) solution for legal and compliant hiring and compensating of your Polish workforce.
Spotlight on Poland
The Republic of Poland is a Central European nation made up of 16 administrative provinces. Poland is a member of the European Union, making it a good location for trade with other EU countries. In the north, Poland spans the beaches of the Baltic Sea, which is an arm of the Atlantic Ocean. The country shares its western border with Germany, and borders Lithuania and Russia to the northeast. Eastern neighbors include Belarus and Ukraine, and Poland shares its southern border with Slovakia and the Czech Republic.
- Population: The population of Poland in 2021 is estimated to be around 39 million.
- Capital: The capital city of Poland is Warsaw, a large metropolis with a population of around 1.8 million.
- Language: Polish is the official language of Poland, and 37 percent of Poles speak English as a second language.
- Currency: Despite being a part of the European Union, Poland does not use the Euro as legal tender. The Poland zloty (PLN) is the primary currency of Poland, and Polish workers are paid in zloty, valued at about 0.26 USD.
- Minimum wage: The minimum wage in Poland as of January 2021 is 2800 PLN per month, valued at about 761 USD.
- Labor force: As of Q1 2021, the Polish labor force of workers aged 15-89 years comprised 57.3% of the total population, or about 22 million.
- Ease of doing business ranking: The World Bank’s most recent data ranks Poland at 40 out of 190 countries in its Ease of Doing Business Index.
- Global Marketplace Position: Based on gross domestic product (GDP), Poland’s 2020 GDP of 594.16 billion USD gives it a 10th place ranking among European Union countries, and a ranking of 22nd place worldwide.
- Developing Industries: In past decades, Poland’s main industries were mining, manufacturing and agriculture, but that is rapidly changing in the third decade of the 21st Century. Poland’s most rapidly growing industrial sectors include business outsourcing and offshoring services, automotive and aerospace industries, and research and development activities in aviation, technology, telecommunications, biotechnology and pharmaceuticals.
- Trading Partners: Poland’s strongest trading partners for exports are Germany, Czech Republic, United Kingdom, France and Italy. Its main import partners are Germany, China, Russia, Italy and the Netherlands.
Establishing a Business Entity in Poland
If your plans for global expansion include setting up a legal business entity in Poland, you should familiarize yourself with the requirements and procedures for incorporation, which are not at all easy and take considerable time. There are multiple legal business structures in Poland, including:
- A Polish Limited Liability Company (LLC) – the most popular form of business entity for foreign companies incorporated in Poland.
- Joint Stock Company is geared to larger organizations with a minimum capital share of at least 100,000 PLN. A Joint Stock Company can be listed on the Stock Exchange.
- General Partnership. This small business model has no minimum capital requirement, and needs only two partners. Both partners are liable for the company’s legal obligations, without protections for their personal individual assets.
- The Limited Liability Partnership is reserved for professionals such as doctors, lawyers and accountants. There is no minimum capital share requirement.
- Limited Joint Stock Partnership. This entity can have an active partner (the professional practitioner) and a passive shareholder. It requires a minimum capital share of 50,000 PLN.
Employ Your Selected Workforce via Acumen Employer of Record (EOR) in Poland
Acumen’s Employer of Record solution in Poland offers an efficient and inexpensive alternative to an own company setup and direct hiring, to meet your global employment needs. Our solution gives companies the opportunity to operate in Poland, and in 190 international markets where we serve our clients, without registering as a local business entity.
As an Employer of Record services provider, Acumen International helps businesses to legally engage and pay their selected highly skilled professionals in Poland. Businesses that want to attract top local talent should plan on offering competitive salaries and benefits.
Acumen International’s EOR in Poland helps employers and service companies representing international clients to hire and compensate local employees in Poland. We offer professional assistance to meet our clients’ global HR needs, such as:
- Global talent acquisition and retention
- Global expansion assistance to help you quickly enter new global markets without legal and HR compliance risks
- Local support for international clients and their expat employees
Legally Onboard and Payroll Employees in Poland with Acumen’s Global Employment Solution
The global employment landscape is constantly changing, especially in the midst of a global pandemic and international political upheavals. Countries around the world are rapidly evolving to keep pace with technological innovations, economic shifts and political regulations. Central European states that were once part of the now disbanded Soviet Union have been evolving since 1989 as they make the shift from state-governed economies to free markets, and their regulatory frameworks continue to evolve as they take their place in the European Union.
Acumen’s solid global employment solution was designed to help businesses avoid compliance risks and save money by hiring and compensating your local and expat workforce in Poland on your behalf. Our Global Employer of Record (EOR) helps international companies like yours expand globally by engaging the country’s brightest global talent for your projects.
Whether you need to reinforce your internal team with the expertise of local Polish talent, or you have already selected a candidate to work for you remotely from Poland in full legal compliance, our global employment solution is a great choice for you.
In addition to legally onboarding Polish employees, we can help to organize work permits and provide business visa sponsorship for your expatriate team, and employ them on your behalf once legal permissions are obtained.
Partner with Acumen International as your #1 global Employer of Record services provider, and let us help you manage your overseas employment and HR needs. With Acumen, you can rest assured that all legal requirements are met for compliant hiring and compensating of your local and expatriate employees in Poland, and in 190 countries worldwide where we serve our international clients.