Automotive accounting challenges in Poland – 7 areas requiring close financial control
Automotive accounting challenges in Poland arise primarily from complex manufacturing processes, high transaction volumes, extensive supply chains and the fact that many automotive businesses operate within multinational corporate groups. Particular attention is required in production and inventory valuation, accounting for unused production capacity, transfer pricing, cross-border transactions and the consistency... Read More →
Management board liability for accounting in Poland
Management board liability for accounting in Poland does not end when the company outsources its bookkeeping to an external accounting firm. In a Polish limited liability company (sp. z o.o.) or joint-stock company (S.A.), the management board acts as the head of the entity within the meaning of the Polish... Read More →
National e-Invoicing System (KSeF) penalties in Poland to be postponed until the end of 2027
On 16 September 2026, the Polish Ministry of Finance announced that KSeF penalties in Poland for errors involving the National e-Invoicing System (KSeF) in Poland would be postponed until 31 December 2027. However, the change requires an amendment to the Polish VAT Act and is not yet binding law. The... Read More →
National e-Invoicing System (KSeF) number in bank transfers in Poland from 2027 – new requirements for companies
From 1 January 2027, a number assigned by Poland’s National e-Invoicing System (KSeF) will be mandatory in bank transfers for certain payments relating to invoices covered by KSeF. The requirement will primarily apply where an active VAT taxpayer pays another active VAT taxpayer by bank transfer or another payment instrument... Read More →
How to choose an accounting firm in Poland: key selection criteria
If you are considering how to choose an accounting firm in Poland, the provider should be matched to the scale of your business, the processes being outsourced and management’s requirements for financial reporting and control. The assessment should cover not only price, but also team experience, scope of responsibility, backup... Read More →
Invoice mistakenly submitted to the National System of e-Invoices (KSeF) in Poland – must it be corrected to zero?
An invoice mistakenly submitted to the National System of e-Invoices (KSeF) in Poland after it had already been correctly issued and delivered to the buyer outside the system does not necessarily have to be corrected to zero. The Polish Ministry of Finance (MF) has indicated that a zero correction may... Read More →
Full accounting in Poland vs. simplified accounting – obligations, differences and practical implications for businesses
Under Polish accounting rules, full accounting is mandatory for certain entities regardless of revenue. For sole traders and certain partnerships of natural persons, the statutory threshold is EUR 2.5 million in net revenue from sales of goods and products in the previous financial year. For determining the obligation to keep... Read More →
Do invoices for services supplied abroad have to be issued through Poland’s KSeF?
In many cases, Polish businesses must report invoices for services supplied abroad through the National e-Invoicing System (KSeF), even when the services are taxable in another country. The obligation depends primarily on whether Polish invoicing rules apply, who is required to account for VAT and whether a statutory exclusion from... Read More →
E-invoicing in Poland and the UK: comparing KSeF with UK rules
E-invoicing in Poland and the UK follows two different regulatory timelines. Poland introduced the mandatory National e-Invoicing System (KSeF) in stages from 1 February and 1 April 2026. In the UK, electronic invoicing is still generally optional, but all VAT invoices will have to be issued and received electronically from... Read More →
Accounting for LLC in Poland – obligations, rules and practical challenges
Accounting for LLC in Poland differs significantly from accounting for a sole proprietorship or a business using simplified records. This is mainly because a Polish limited liability company, commonly referred to as spółka z ograniczoną odpowiedzialnością (sp. z o.o.), is a separate legal entity with its own assets, liabilities and... Read More →
