Business News Poland

Ministry of Finance rolls out new plans for fighting tax optimisation

Entrepreneurs in Poland shake their heads in disbelief after the Ministry of Finance revealed new provisions that are to be found in the upcoming Tax Ordinance act the Ministry experts are currently working on. The lawmakers decided to focus on taxpayers who reach for individual tax interpretation which safeguard them against unfavourable decisions of fiscal […]
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Retail numbers drop in the aftermath of sales ban

After the Polish government imposed a ban on Sunday trade affecting a vast majority of stores and shops in the country, many wondered what the long-term effects of such a move would be. The new legal provisions introducing the shopping embargo came into effect on the 1st of March 2018. Economy experts as well as […]
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PKO wants to take business to a higher level

PKO Bank Polski, the biggest bank in Poland, came up with an initiative for small business owners who are interested in improving their condition and expanding operations. Financial institutions’ representatives say that a bank is as strong as its customers, therefore it is in the interest of the company to have account holders that enjoy […]
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Statutory limitations period shortened to six years

Good news for consumers, bad news for creditors. Soon, the general limitations period will become shorter. Due to the upcoming changes to the Civil Code, creditors will have six years, and not ten, as it is now, to take action against dishonest counterparties who owe them money.   Lawmakers decided that the general prescription period […]
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Cryptocurrencies and taxes in Poland

A few years ago, no one heard of cryptocurrencies. Today, it is hard to find a person who doesn’t know what Bitcoin is. Numerous businesses and individuals decided to hop on the bandwagon of the new financial trend and buy or sell virtual currencies. Polish Ministry of Finance noticed the outburst in the number of […]
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Government prepares a new personal data protection law act

Government Information Centre issued a press release informing that work on the new act on the protection of personal data has been finished. The government of Mateusz Morawiecki is done with preparing the regulations which will adapt Polish legal environment to EU personal data protection requirements, in particular the General Data Protection Regulation (GDPR), the […]
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Polish entrepreneurs wait for code of good practice

In the summer of 2017, the Ministry of Finance started tax consultations with Polish entrepreneurs on a list of due diligence requirements for buyers in VAT transactions. Meeting these requirements would mean entrepreneurs may be certain they have the right to deduct value added tax from the carried out transactions. In other words, the Ministry […]
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Wind energy strikes a new record

Power Market Energy has recently published 2017 data on the energy generated by wind farms in Poland. The numbers were better than expected. Polish wind farms produced 14,9 TWh of green energy, which sets a new record for renewable energy production from wind in Poland. The power generated in 2016, i.e. one year ago, was […]
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Ukrainians fill in employee gaps in Poland

Two to three thousand people – that, according to the predictions of the National Bank of Poland, is the annual number of Ukrainian citizens who will arrive in Poland in the upcoming years. Today, our country hosts over a million Ukrainian men and women who look for work opportunities and a new life. Jacek Kotłowski […]
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OECD on Poland’s economic growth

Organization for Economic Co-operation and Development published findings of its 2018 economic survey on Poland. In the document, the organisation looks at the country’s economic status and development in such areas as investment, labour market, state deficit and overall GDP performance. The result is an overview of the current condition of Poland in terms of […]
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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

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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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