News – Page 75 of 85 – Zalewski Consulting - Company Formation, Shelf Companies, Fintech M&A

Liquidation of a Polish company

Posted on December 20, 2016 by admin

Not every business idea turns into a great success. When things do not go according to plan, sometimes company liquidation is the best option. The liquidation process is described in the Commercial Companies Code. To officially close a limited liability company (spółka z ograniczoną odpowiedzialnością) follow these steps. If you have made the difficult decision to end your operations, the first step you need to take is gathering together all company shareholders. Company l Read more

Taxes in Poland

Posted on December 19, 2016 by admin

There are two things certain in life – death and taxes. Is there anyone who has not came across this piece of knowledge? Tax compliance is a very important issue for any company in Poland and elsewhere. Taxation in Poland is characterized by its complexity and plethora of regulations. The most important fiscal acts are The Tax Ordinance Act, The Goods and Services Tax Act, The Corporate Income Tax Act and The Personal Income Tax Act. Tax obligations depend to a large extend o Read more

Chief accounting principles in Poland

Posted on December 18, 2016 by admin

Proper accounting and bookkeeping are fundamental to any company. They present financial information in the way that is to allow company managers make decisions concerning the future of the enterprise. It is extremely important to have accounting books maintained by professionals. Companies need to conduct proper bookkeeping and comply with certain legal obligations related to bookkeeping. Bookkeeping records need to be verifiable and reliable. In order to assure that, one needs to adhe Read more

Accounting and bookkeeping regulations in Poland

Posted on December 17, 2016 by admin

Accounting is vital to every company, regardless of its field of activity, size, or plans for the future. Keeping accounting books in order is not only necessary to have a proper overview of company operations, costs, and profits, but is above all a legal obligation. In Poland, accountancy and bookkeeping is regulated by Accounting act of 29 September 1994. The chief rule behind all bookkeeping is that it should present a true a fair image of the entity’s financial position and result Read more

Investment in Poland – what to remember

Posted on December 16, 2016 by admin

CEE region offers great opportunities for investment. Whether you are interested in opening a manufacturing plant, outsourcing some of your services or are looking for a new market, the territories in the east of Europe can offer you a lot. Poland is the largest country in the CEE region. It has a population of over 36 million, several universities, and various special economic zones in different parts of the country. It is a throbbing heart of Europe, linking the old continent with the Read more

The pros of buying a shelf company in Poland

Posted on December 15, 2016 by admin

You want to have a company in Poland but dread the red tape, unfamiliar procedures and foreign language challenges? Why not ditch all that and resort to a simpler and smarter solution: buying a ready-made company in Poland. A ready-made company, also called shelf company, is a regular company that is offered for sale. Usually, it is set up for the sole purpose of selling it off and therefore has no history of operations. It does, however, have everything a working company needs: it is f Read more

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