1 Company registration and obligations of an entrepreneur

2 What are the obligations of a new entrepreneur?

3 business activity registration in the municipality (gmina) and, thus, notification of the contribution payer (application form CEIDG-1 which may be filled in online) CEIDG - Business Activity Central Register and Information Record, i.e. a list of entrepreneurs who are natural persons Company registration ONE-STOP SHOP

4 Entrepreneur's obligations towards ZUS Within 7 days from the start of own business one has to report to social insurance in ZUS. It may be done online.

5  social insurance: old-age pension insurance, disability pension insurance, accident insurance and  health insurance Compulsory insurance

6 Voluntary insurance Remember! payment of sickness insurance contribution guarantees payment of benefit in the event of sickness. sickness insurance Remember! the level of benefits in respect of sickness depends on the amount of the sickness contribution and it is up to you to decide on this amount.

7 Employees If the entrepreneur decides to employ people, he or she should, within 7 days from their hiring, notify them to the social insurance in ZUS. Then, every month he/she must pay and settle contributions for these employees. CEO

8 Accounting for contributions Apart from paying contributions, each entrepreneur is obliged to account for contributions on a monthly basis with the Social Insurance Institution. He/she accounts for contributions paid for him/herself and for his/her employees – first of all globally - for all employees, and then individually - for each employee separately.

9 Basis for contributions assessment (one-person company, with no employees) "Preferential" contributions are payable by an entrepreneur who has not run any other business during the recent five years, and additionally does not provide for his/her former employer the same services as he/she has performed as the employee.  60% of projected monthly remuneration  "preferential" contributions: 30% of minimum wage/salary (for the period of first two years of running the business)

10 Basis for contributions assessment (one- person company, with no employees) Remember! Rates determined by the law to calculate contributions (60 and 30 per cent) are the mandatory minimum. Higher amounts may be always declared. The higher the contribution, the higher benefits: old-age and disability pension. my old-age pension in

11 Accounting for contributions By the tenth day of each month contributions must be paid and accounted for by those entrepreneurs who have notified to social insurance only themselves, i.e. who do not employ people. By the fifteenth day of each month contributions must be paid and accounted for by those who employ people.

12 How to account for contributions in an easy way

13 How to account for contributions in an easy way