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Simple public limited company

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Simple public limited company

Simple joint stock company with Wynimko & Partners law firm

Our Wynimko & Partners law firm in Bialystok is highly specialised in business law. We assist entrepreneurs in all scopes of business and at every stage of its operation. One of the services we provide is also assistance in starting up a business. In this way, we also help with the registration of simple joint stock companies.

Conditions for registration of a simple public limited liability company

We register companies for our clients at the National Court Register (KRS for short). In the case of a simple joint-stock company, there are certain conditions that must be met prior to registration. These include:

  • a minimum share capital of PLN 1 (as opposed to ordinary joint stock companies, where the capital must be PLN 100,000),
  • indication of the company's registered office,
  • definition of the company's objects.


The above points are the most important. To a certain extent, these points determine both the success of the business and the preparation for it. Here, too, we can provide legal advice and clarify any possible ambiguities.

What is required to set up a simple public limited company

A simple joint-stock company is intended to be friendlier both at the stage of: formation, operation and dissolution. In principle, there are no restrictions on its formation. Also, registration with the KRS is not difficult.

As is already known, a company does not require 'any' capital. However, there are certain steps that need to be taken before registration with the KRS. It is necessary to:

  • conclusion of the articles of association - which we will discuss below,
  • the establishment of company bodies arising from the law or the articles of association,
  • contribution by shareholders - in the amount of at least PLN 1.


The simple joint stock company is then ready to be registered. However, it requires some work on the aforementioned agreement and in this process we also assist by preparing the relevant documents. It must contain certain data to be provided to us. Some of these we mentioned earlier (registered office and object of activity). The information required in the articles of association include in addition to the above:

  • number, numbers and series of shares - as well as other details on: shareholders, preferences, prices,
  • the subject matter of the in-kind contributions, if any, made by the shareholders - including all the details required (and where the benefits relate to services or work, these should also be specified in detail),
  • presentation of the bodies of the company - board of directors, shareholders, committees and councils (with the number of persons specified in each case),
  • and, where specified, the duration of the company.


Documentation needs to be properly prepared, but as you can see, to prepare a company for registration no complicated steps are required.
What are the advantages of a simple public limited company

The advantages of a simple joint-stock company are many:

  • It can be registered and run by one person,
  • registration is quick and easy,
  • running a company allows the use of electronic media in decision-making,
  • has a flexible capital structure,
  • just as easily as assuming it can be solved (including in a simplified manner).


In addition, it should be mentioned that an existing simple joint-stock company can, if desired, be transformed into another company, including, but not limited to: joint-stock, limited liability, limited partnership, etc.
Board of directors of a simple public limited company

The operating rules and board structure are also simplified in a simple company:

  • the board of directors can consist of one person - a consequence of the fact that one person can set up the company,
  • the rules of the board of directors are usually written down in the contract, but if this is not the case, the company is represented by two board members,
  • As in associations, the shareholders have the decisive vote in the company, if there are many of them, in which case decisions are taken at a general meeting (but also remotely),
  • with the above, the supervisory board does not have to be appointed in a simple company,
  • and it should also be mentioned that only in a simple public limited company can a board of directors be established to replace the management board and the supervisory board.


Our Wynimko & Partners law firm in Bialystok We will assist you at every stage of decision-making about the company and its operation. We will also advise prior to its formation, identify opportunities for development and prepare the relevant documents for registration.

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