News – Page 61 of 83 – Zalewski Consulting - Company Formation, Shelf Companies, Fintech M&A

Split Payment: New Solution For VAT Gap?

Posted on May 17, 2017October 27, 2023 by admin

The Polish Ministry of Finance is working on a new solution that is to tighten the VAT gap, i.e. the difference between the expected and actual VAT revenue. The state budget is losing billions of PLN each year due to dishonest taxpayers. Splitting the goods and services tax is to increase tax collection and make entrepreneurs feel safer. According to the information from the Ministry, the new regulations on VAT are planned for 2018. The system of split payment is already functioning in such Eur Read more

Restrictions on pharmacies approved by the President

Posted on May 15, 2017 by admin

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

Posted on May 10, 2017October 27, 2023 by admin

The 10^th 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

Posted on May 08, 2017October 27, 2023 by admin

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

Posted on May 05, 2017 by admin

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

JP Morgan Chase Likely To Move To Warsaw

Posted on May 03, 2017October 27, 2023 by admin

JP Morgan Chase is looking for a place for their new operations center. Although the big news has not yet been officially confirmed, it appears that one of the biggest financial corporations in the world chose Warsaw as the seat for their new premises. The news came from the Reuters agency in the last week of April. The reporters quote three anonymous sources who are almost certain that the bank’s representatives are keen to set up the institution’s new back office in the capital of Poland. Read more

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