Current Polish Consumer Confidence Index Down in October

Posted on November 03, 2021October 11, 2023 by PZC Office

According to the state-run statistics agency, its Current Consumer Confidence Index, which describes current trends in personal consumption, went down by 4.8 points in October while remaining in the negative territory of -17.8 points amid the coronavirus pandemic. Polish consumers surveyed this month were less optimistic about their spending power and financial prospects than a Read more

It will Become Easier for Foreigners to be Legalized in Poland: the Law has been Adopted

Posted on October 27, 2021October 11, 2023 by PZC Office

On October 19, the Polish Council of Ministers adopted a bill amending the Foreigners Act. The Minister of Internal Affairs and Administration wants to simplify the process of the stay of foreigners legalized in Poland. The regulations will come into force 14 days after they are published in Dziennik Ustaw. Consequently, foreigners coming to Poland for business reasons will no longer be required to apply beforehand for a special recommendation of the Read more

A structure in a Complex Fixed Asset to be Taxed According to its Market Value

Posted on October 20, 2021October 12, 2023 by PZC Office

On October 12, the Supreme Administrative Court issued a final resolution on determining the tax base for real estate tax on buildings, the value of which was included in the so-called overall fixed assets. It deals with complex fixed assets when they cover more than one building object. Settlement of this for PoN is particularly problematic because the initial value of this fixed asset (which is, in fact, the tax base) includes, apart from the value of the structure, the values of other Read more

What is a Trusted Profile (Profil Zaufany)? Does a Foreigner Need it in Poland?

Posted on October 12, 2021October 12, 2023 by PZC Office

Do you want to settle an official matter via the Internet? You must confirm Profil Zaufany or your identity and electronically sign the document sent to the office. You can do it using the Trusted Profile. So, Profil Zaufany is essentially an electronic signature with which you can confirm your identity in electronic contact with departments and offices of various government agencies in Poland. When settling the matter in the office, you must show your identity document. Profil Zaufany is a ki Read more

According to the New Tax Order, Large Families Get an Additional Deduction

Posted on October 05, 2021October 12, 2023 by PZC Office

Parents with at least four children are to have an additional deduction of PLN 85,000 after the new tax order changes in the Polish Lada. It is the same as provided for in the PIT program for young people. How will this improve the situation of families? According to economist Prof. Marek Kośna, this decision represents a move in the right direction and a solution that was needed. But one can doubt whether a similar effect can be achieved differently. The expert also emphasized the need to imp Read more

The Concept of Dividends in Poland and the Companies Paying It

Posted on September 27, 2021October 12, 2023 by PZC Office

The term "dividend" comes from Latin and means "thing to be divided" (Latin Dividendum). Dividends in Poland are assets, most often in the form of cash (but not only that, they can be other assets owned by the object, or shares increasing the company's capital), paid to shareholders or partners, as remuneration for granting capital. Polish dividends are incomes generated by shares and types of income from other corporate rights that participate in profits, such as income from remitting shares. Read more

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