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Lower Taxes for Micro-Enterprises and Other Ways to Help Businesses in Poland

The congress series "Politics from the Scratch" started in Poland at the beginning of May, this year with low tax on Micro-enterprises. The agreement of Jarosław Gowin started a chain of 15 meetings as part of the "Policy from the Scratch" series. Politicians, local government officials, experts, and entrepreneurs attended the program’s conference. At the opening of the congress, we learned that the program is comprehensive and developed by over a hundred experts. "Our program aims to restor Read more

Poland Recognized as One of the Business-Friendly Places by Recent Analytics

Poland as the sixth-largest economy in the EU and the largest in Eastern Europe with Business-Friendly schemes is recognized as one of the most reliable and friendly places for doing business.

The Polish Investment and Trade Agency emphasizes that the country is the CEE regional leader and investors are attracted because it has been among the most economically stable and fastest-growing countries for years. According to the Business-Friendly Reception Index, which is part of the Future Read more

Buying Real Estate in Poland – What to Take into Consideration

Buying real estate in Poland is an important and long-awaited moment for various foreign citizens. However, it can often be overshadowed by the results of the transaction, or rather, by the mismatch of expectations and reality. The following list provides the essential factors one should take into account when buying real estate in Poland: Before choosing a specific offer, it is worth formulating your requirements for real estate in Poland: the preferred residential area or area of the city, th Read more

The GDP Growth in Poland After the Pandemic in Numbers

The global pandemic has had its economic effects worldwide and Poland is not an exception. Although it has had a major impact on GDP growth in Poland during this tough period, Poland has become one of the beneficiaries of the new nearshoring trend. As a result, Poland's economy will likely expand by 5 percent in the coming two or three years, according to the head of the Polish Development Fund. He states, that the country will return to its pre-pandemic economic activity in the third quarter. Read more

Bank Pekao Simplifying the Credit Process to Stimulate Credit Decisions

Bank Pekao is part of the PZU group - the largest financial group in Central and Eastern Europe. The bank has been present on the Warsaw Stock Exchange since 1998. The total assets of the bank amounted to PLN 203.32 billion at the end of 2019. Bank Pekao has simplified the credit process and shortened credit decision time by introducing the ability to share account history from another bank online Read more

Will ZUS Contributions Kill Polish Companies?

The life of an entrepreneur of Polish Companies in Polish can be tough. Especially when the authorities announce the official amounts of social insurance contributions. The 2020 numbers have just been released and, once again, the payments, which are made for every legally employed person, will go up. In fact, the government prepared the biggest hike in the contribution amounts in several years. For business owners or Polish companies in Poland, especially from the SME sector, this is bad news. Read more
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