Poland: work destination for people from Ukraine

Posted on January 27, 2017 by admin

Official reports show that more and more people emigrate to Poland in search of work opportunities. Last year, Polish employers requested more employment permits than ever for prospective staff members from the East of Europe, mostly Ukraine. Poland has for a long time been a destination for Ukrainians seeking jobs. Not only is it a neighbouring country, but the language barrier for Ukrainians is not a big obstacle. There are numerous workers and students from Ukraine speaking good Poli Read more

Forms of taxation on economic activity in Poland – entrepreneurs decide

Posted on January 25, 2017 by admin

20 January 2017 is the deadline for entrepreneurs to choose the form of taxation for economic activity conducted in Poland. Polish fiscal system gives you the right to choose one of the four options: linear taxation, lump sum taxation on revenue, tax scale with tax rates 18% and 32% and tax card. It is worth remembering the set deadline, as lack of decision on this issue means automatic preservation of the existing settlements method. A written statement needs to be submitted to the com Read more

47th World Economic Forum in Davos – a prelude to new investment in Poland

Posted on January 23, 2017 by admin

During the 47th World Economic Forum in Davos numerous talks with much prospects for Polish business took place. On this occasion, Polish Deputy Prime Minister and Minister of Development and Finance noted how fruitful the talks that took place during the last year’s event proved to be, as only a few months later a big investment connected with a GE and Lufthansa factory near Wrocław was launched in Poland. Deputy Prime Minister Morawiecki announced he expects a similar effect after Read more

Payroll accounting & social insurance

Posted on January 18, 2017 by admin

Payroll calculations is an inevitable part of doing business. If you decide to employ personnel, you need to remember about the obligations that come with it. Employers do not only need to pay out salaries or wages, but also need to make sure that they comply with all legal and tax obligations related to paying remuneration. A substantial part of everyone’s salary goes to Social Insurance Institution, or ZUS. Founded in 1934, the body deals with all things related to work and retireme Read more

Poland breaks records on the energy market

Posted on January 16, 2017 by admin

On the morning of 3rd of January, Poland broke a record of hourly net energy export, and several hours later another record of energy production from wind. For the first time, wind farms supplied over 5000 MW of energy to the consumers, which is 34 percent of the total energy demand in Poland. Strong low pressure area over the Baltic Sea, called Alex, created the strongest Baltic storm in 15-20 years. Alex contributed to generating a lot of energy on the wind farms of Northern Europe. B Read more

A new player on the Polish banking scene

Posted on January 12, 2017 by admin

Polish consumers will now have a greater choice when it comes to finding a banking services provider. A new bank is going to launch its operations in Poland. It is Inbank from Estonia. The bank was created in 2015 by Estonian professionals with much experience in the banking sector, Priit Põldoja and Jan Andresoo, and is currently present in several European countries. Apart from Estonia, it operates in Latvia, Germany and Austria. Polish branch of Inbank will open in the first quarter Read more

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