Under accounting in Poland, statutory deadlines for financial statements and related filings are strictly regulated by the Polish Accounting Act and apply in full to entities keeping full accounting in Poland. Meeting these deadlines is critical, as delays or errors may result in penalties, issues with tax authorities, or problems during audits and corporate reporting.
As a general rule, companies operating under full accounting services in Poland must prepare their annual financial statements no later than three months after the end of the financial year. For most companies whose financial year aligns with the calendar year, this means the financial statements must be prepared by 31 March of the following year. These statements are initially prepared by management and must reflect all accounting entries, adjustments, and closing procedures for the year.
The next statutory step in accounting in Poland is the approval of the financial statements. This must take place within six months after the end of the financial year, usually by 30 June. Approval is typically granted by the shareholders’ meeting or another competent corporate body, depending on the legal form of the entity. Once approved, companies have 15 days to submit the financial statements to the appropriate public register (most commonly the National Court Register – KRS) in electronic form.
In addition to statutory financial statements, entities subject to full accounting in Poland must observe deadlines for tax filings, including corporate income tax (CIT) returns, VAT returns, and statistical reports. These deadlines run independently of the financial statement approval process and require close coordination between accounting and tax compliance.
For foreign-owned companies, managing statutory deadlines under accounting in Poland can be particularly challenging due to differences from home-country rules and additional group reporting requirements. Professional accounting services in Poland help ensure that all filings are completed accurately and on time. getsix® supports foreign businesses with statutory reporting, tax returns, and end-to-end compliance management.
