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What is a business incubator?

A business incubator in Poland is a unique organization created to provide comprehensive support to entrepreneurs and startups in the early, often most vulnerable stages of their development. The primary mission of a business incubator is to offer its participants access to a variety of resources and infrastructure, serving as a catalyst for the rapid and successful realization of their business ideas and projects.
Business incubators offer a wide range of services, including:
  • Consultation and support: Participants can rely on professional advisory assistance on business development, financial management, legal aspects, and many other key areas.
  • Training and education: Incubators organize training sessions, seminars, and various events aimed at enhancing the professional skills and competencies of entrepreneurs.
  • Networking opportunities: Building and developing a network of connections with other businesses and investors opens up new horizons for collaboration and growth.

A business incubator provides specialists with the opportunity to work in a B2B format in Poland. It is an official and legitimate way to interact with clients, allowing them to receive compensation for their work in full compliance with the law.

Pros and cons of a business incubator in Poland:
Joining a business incubator in Poland allows one to enter the world of entrepreneurship, gaining numerous advantages while minimizing obligations. The essence of an incubator is that it provides employment opportunities: the company opens a sub-account for you, offers various bonuses and infrastructure, but legally, you are considered an employee of this firm.
Advantages:
  1. Payment from foreign clients and freelancer platforms: the opportunity to collaborate with international clients and receive official income.
  2. Separate bank account and payment system support: fast opening of a legal account and the ability to accept payments through systems like PayPal and Stripe.
  3. Legal and accounting support: the incubator provides legal assistance, checks all signed contracts, and offers consultations with a lawyer.
  4. CRM and digital infrastructure: business management and control services through CRM systems that simplify business operations.
  5. Opportunity for official employment: obtaining a work permit, social insurance, and even a mortgage.
  6. Low taxes: the possibility of taxation at a 6% rate for certain industries, such as IT or architecture, which is more favorable than the standard tax regime.
  7. Ready-made documents and instructions: a package of documents for legalizing residence in the country.
  8. Tax exemption for students: students under 26 years of age, studying full-time, can receive income without paying taxes.
  9. Easy exit: the ability to quickly terminate cooperation with the incubator without the complexities often associated with joint activities.
Disadvantages:
  1. Work confirmation: the need to provide work results under the contract.
  2. Penalties: late submission of documents or rule violations may result in fines.
  3. No possibility of VAT refund.
  4. Mismatch with certain types of businesses: some industries, such as the beauty industry, cannot use incubator services.
  5. Partner issues: some counterparties may avoid working with incubators due to their reputation or the complexity of contract negotiations.

In conclusion, while a business incubator provides the necessary infrastructure for business development, it is important to consider its limitations and potential drawbacks that may affect the effectiveness and progress of your project.

If you are looking to gain a deeper understanding of this topic, we invite you to explore the possibilities of cooperation with Biznesexpert. We are ready to offer a personalized approach and full support to help your business thrive. Whether you are a startup, an innovative project, a freelancer, or a small business owner, we are open to collaboration. Contact Biznesexpert today to learn more about how we can achieve success together.
19 august / 2024

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