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Depending on the form in which the business will be conducted, starting a business in Poland requires meeting various formal conditions. In each case, however, an entry into the relevant register will be necessary. In Poland, business activity may be conducted in the form of sole proprietorship or, if two or more persons wish to conduct business, in the form of a civil partnership or commercial companies. To learn more about it, contact us or read our article “Ready, steady, go! Business activity in Poland”
A person wishing to start a business in the United States has a choice of many legal forms, depending on the planned size of their business. However, it is important to remember about the characteristic division of the country into states, each of which has its own regulations, related to the functioning of legal entities conducting business activity and other matters, e.g. tax issues. Although to some extent state regulations are similar, differences may sometimes determine the attractiveness of one state over another. To learn more, read our article: Business in the USA – what is worth knowing?
An appropriate form of activity in such a case will be to establish a limited partnership. There are two types of partners in this partnership - a limited partner, liable for the company's debts only up to a certain amount, and a general partner, liable for the company's obligations with all his assets. However, such a general partner does not have to be a natural person - it may be e.g. a limited liability company, whose only shareholder is the limited partner of the limited partnership.