READY MADE JOINT STOCK COMPANY IN POLAND
Joint Stock Company (S.A.) is the most complex form of conducting business activity known to Polish law, typical for medium and large enterprises. All a companies listed on the stock exchange are organized as joint stock companies. The advantage of running a business in the form of a joint stock company is the possibility of cheap capital raising by issuing the shares. It is an excellent instrument for facilitating business development.
Appointing a board (at least one member) and a supervisory board (at least 3 members) is required to set up a joint stock company. A joint stock company must have at least one shareholder.
The share capital of a joint-stock company is at least 100.000 (one hundred thousand) PLN. and is divided into shares of equal nominal value of not less than 0.01 PLN.