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Settlement Of Cross-Border Transactions

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Taxpayers who are going to carry out transactions with entities from the European Union are under obligation to register for the transactions. In this case, the frequency with which the taxpayer will carry out the transactions does not matter. Conducting even a one-time intra-Community transaction makes it mandatory to register as a VAT-UE taxpayer. Registration for intra-Community transactions is made on the VAT-R form. After submitting a notification about the intention to carry out intra-Comm Read more

Restrictions on pharmacies approved by the President

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A bill introducing amendments to the pharmaceutical law act has been signed by President Andrzej Duda, which means the new legal provisions have almost reached the end of the legislative path and will soon be published in the Journal of Laws and officially become the new law. The changes introduced by the Polish government received much attention and sparked some controversy due to heavy restrictions that will be put on pharmacies and pharmacists.   The new provisions introduce constraint Read more

European Economic Congress and European Start-Up Days

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The 10th of May is the onset of the European Economic Congress. The meet-up of business experts, entrepreneurs and government officials, which takes place in Katowice, will span three days and feature an array of discussion panels, presentations and talks. A part of the Congress is European Start-Up Days, an event devoted to innovation and young entrepreneurs who want to change the wor Read more

Ministry of Finance Prepares A New Act On Money Laundering

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Government officials published a project of a new act on counteracting money laundering and financing terrorism. The Ministry of Finance is working on new legal provisions due to changes to the EU law. Polish regulations need to be up to date with the law on the European level, as any new provisions passed by the European Parliament affect legal provisions in each Member State. Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of t Read more

Won tender for construction of a gas and steam unit in Żerań

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PGNiG Termika chose the winner of the tender for construction of a gas and steam unit in the CHP plant in Żagań. It was the consortium of Mitshubishi Hitachi and Polimeks-Mostostal. Tender bids opened on 16 February. The winners priced the work at 1,102 billion PLN and 111,93 million euro. The amount of the second bid, which was declined, submitted by GE Power and General Electric International consortium, amounted to 1,369 billion PLN and 114,85 million EUR. PGNiG Termika commented on the dec Read more
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