Business News Poland

Poland lowers corporate income tax for small enterprises

This week the President of Poland, Andrzej Duda, signed a bill that lowers the corporate income tax for small enterprises registered in Poland. This is the final step of the legislation process and soon the new provisions will come into effect. The CIT rate in Poland will go down from 15 to 9 percent.   […]
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Ministry wants new VAT rates

The Ministry of Finance wants to simplify VAT rates. They have recently published a draft bill introducing changes to the act on value added tax of 11 March 2004. There are numerous goods will soon fall under a different tax rate. The goal is to make the VAT matrix clearer and fairer.   The VAT […]
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N26 bank launches activity in Poland

N26 is a German mobile bank that has recently started operating in Poland. The company decided to expand its activity not only to Poland but also Sweden, Denmark and Norway. November is the first month when clients may open accounts and start using their services.   The bank does not have brick and mortar branches […]
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Poland six places down in Doing Business report

Doing Business is an annual report prepared by the World Bank whose authors try to assess how easy (or difficult) it is for entrepreneurs to carry out business activity in a given country. The report covers such areas as taxation, company formation, access to investment, trading regulation and insolvency procedures.   This year, Poland was […]
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No work on the 12th of November?

The ruling Law and Justice party (PiS) came up with an unexpected idea. They want to allow Polish people to commemorate the centennial of Poland’s independence a day longer. While the 11th of November, the Independence Day in Poland, this year falls on a Sunday, the lawmakers intend to make the 12th day of the […]
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National Fiscal Administration tougher on entrepreneurs

Polish Ministry of Finance and National Fiscal Administration are not particularly known for going easy on Polish business owners. More compliance obligations, tougher penalties and stricter stance on tax optimisation – we have seen all these in the recent months and years. This government is eager to increase fiscal revenue and crunch down tax evasion […]
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Standard & Poor’s upgrades Poland’s rating

Rating agency Standard & Poor’s upgraded their credit ranking of Poland from BBB+ to A- (long-term foreign currency rating) and A/A-1 (long- and short-term local currency rating) with stable outlook. The agency noted the country’s strong GDP growth and budgetary outcomes. The upgrade came earlier than expected and took many economy experts by (a pleasant) […]
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IMF: Poland’s GDP growth at 4.4% in 2018

International Monetary Fund has recently published its annual World Economic Outlook for 2018. The report showcases the current economic situation in the world and as well as the forecasted developments. The organisation predicts that in the upcoming years Poland’s economy will face a slowdown.   International Monetary Fund experts think that Polish economy in 2018 […]
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Government body will not help crypto companies

Polish Bitcoin Association issued a letter to Office of Competition and Consumer Protection requesting their assistance with dealing with Polish banks. In several commercial banks in our country it is extremely difficult to open and maintain an account if you are a cryptocurrency-related business (for example you run a trading platform). Even if a bank […]
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New regulations on keeping personnel files

All Polish employers are under obligation to create and store personnel files containing work-related information on their employees. Such documents are essential for establishing the amount of pension or period of employment of a staff member. The files may be requested by Social Insurance Institution (ZUS). That is why employers have to keep personnel records […]
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Contact info

Poland Zalewski Consulting addressesAddresses:

Warsaw office:

Filip Roger Zalewski
Poland Zalewski Consulting
warsaw@zalewskiconsulting.pl
Cafelco Consulting Poland Sp. z o.o.
ul. Modlińska 129 / U10
03-186 Warsaw
Poland

Accounting department:

Dorota Ostafińska
Poland Zalewski Consulting
accounting@zalewskiconsulting.pl
Cafelco Consulting Poland Sp. z o.o.
ul. Torfowa 2
30-384 Cracow
Poland
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