News

The Government Wants to Tighten the Retail Ban

Only a few months has passed since the government introduced a retail ban, but the lawmakers already see room for improvements. It has been announced they are working on ways to even further restrict the regulation that prevents shops and stores in Poland from opening on Sundays and bank holidays and certain other days. As experts indicate, the provisions that are already in place have many loopholes and it is not uncommon for retail chains to try to outsmart the government.   The act on Read more

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. The lowered rate will apply to businesses that according to current regulations are classified as smal Read more

Polish 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 rates in Poland have been set at 23%, 8% and 5% ever since 2011. Nothing will change in this respect. However, the lawmakers want to make the assignment of goods to rate groups more transparent and unified Read more

Poland Six Places Down in Doing Business Report

Doing Business report 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 ranked 27th. It is a whole six positions down from the previous year’s list. The country’s assessment fell quite significantly in just tw Read more

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 month be a free as well this year. The legislative work is under way.   The speed at which the new law is being introduced is staggering. The bill making the Read more
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