Company Income Tax in Poland

Posted on January 11, 2017 by admin

Company Income Tax in Poland is paid by legal persons as well as organisational units without legal personality, limited joint-stock partnerships and tax capital groups. The levy applies to the taxpayers who have their seat (registered office) in the territory of the Republic of Poland. This means CIT applies to limited liability companies and joint-stock companies registered in Poland. There are some entities that are exempt from the obligation to pay company income tax. These are the Read more

Poland breaks records on the energy market

Posted on January 10, 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

Choosing the location for your new investment

Posted on January 09, 2017 by admin

Selecting the perfect location for a company or a manufacturing plant may be a challenging task. There are many things to consider when choosing a business destination. Different locations offer various conditions of running business and come with specific legal and entrepreneurial environment. First and foremost: taxes. Every country, region, or even city may have their own incentives for attracting investment. The most important thing to consider is the rate of the corporation tax cha Read more

Basic fees for bank accounts in Poland

Posted on January 08, 2017 by admin

In the twentieth-first century, having a bank account is a must for any entrepreneur. No one will take you seriously if you operate only in cash and cannot provide a bank account number to your clients, suppliers, or public authorities. Good banking relationship will make life easier for you. However, when choosing a bank make sure to check what bank fees and charges you will be obliged to pay. There are several things to bear in mind when choosing a bank. Offer for small business is us Read more

Poland: top outsourcing destination in Europe

Posted on January 06, 2017 by admin

Move over, Bangalore. Poland is the new top-spot for outsourcing. The country is already a leader in providing business services to foreign entrepreneurs, with numerous BPO centres in several Polish cities. According to the Global Trade Forecast prepared by HSBC, the services market in the country by the Vistula river is going to grow even further. In the next 15 years, it is expected to be expanding at the rate of 7% a year. Outsourcing is paying other companies do the work you do not Read more

Special Economic Zones expand and attract investment in Poland

Posted on January 06, 2017 by admin

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

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