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Special Economic Zones expand and attract investment in Poland

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At the brink of 2017, Special Economic Zones in Poland changed their borders. This means even more opportunities for investors to grow their business and take advantage of the favourable conditions and government support these areas offer to business.   In Poland, there are 14 Special Economic Zones. These are special areas where entrepreneurs enjoy unique privileges and incentives, e.g. low tax rates or even tax exemption with regard to certain levies. Polish government created the zones Read more

Polish gas market liberalisation as early as 2017

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Some of the provisions amending the energy law, as well as some other related acts appointed at the end of November enters into force as early as 1 January 2017. The process will initially concern only the companies that sell gas wholesale, the obligation to get approval of the tariffs for households will exist for seven more years. The reason behind starting work on the implementation of the changes was EU Justice Tribunal stating that current regulations are not fully compatible with the EU la Read more

Constraints on business disappear – a unique bill signed by the President

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Business activity run without impractical inconveniences and saving as much as 230 million PLN just after six months from entering into force of the new provisions - these are the goals of the new bill singed by President Andrzej Duda – the act on amendments to some acts with the purpose of improving the entrepreneurs’ legal environment. The modifications touch on as much as 18 other legal acts, such as the act on construction law, labour law, financial law or the act on the freedom of econo Read more

Tax regulations in 2017

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New year means new challenges and new opportunities. Customarily, the first day of January is also the date when numerous new legal regulations come into force. In 2016, Polish parliament worked on and passed several important changes to the fiscal system.   Most notably, the Ministry of Finance worked hard to cut down the so-called VAT gap, i.e. the difference between the expected and paid budget income coming from value added tax payments. A series of amendments was introduced to tighte Read more

Poles will earn more money in 2017

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2017 will see some important changes with regard to the job market. Most notably, the minimum salary will be increased from 1850 PLN to 2000 PLN (pre-tax). The wages in Poland have been going up for several years, but an increase in the amount of 150 PLN is pretty significant. According to the prognoses, Poland will enjoy one of the highest rates of salary growth in the EU.   Moreover, this year the government passed a bill introducing an hourly minimum wage that will accompany the minimu Read more

What you need to remember when you hire personnel

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Hiring dedicated and talented staff is the secret behind functioning of every successful enterprise. However, finding the right people for the job is a challenge unlike any other. If you feel like you do not have the time, patience or skills needed to select the new employees, consider using the services of a professional recruitment specialist that will carry out the whole recruitment process for you while you will just make the final call on the top candidates.   Finding the right peopl Read more
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