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Tax Information | Poland – 10 facts
A brief summary of the most important information for any business or individuals who plan to invest in Poland. Corporate Income Tax (CIT) CIT is levied at a rate of 19% (standard rate) or 15% (reduced rate for small taxpayers and new companies in the first year of business activity)....
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Employee’s Capital Plans – Additional Pension Schemes
From 2019, some companies will be required to create ‘Employee Capital Plans’ for their employees, as part of additional pension schemes. This obligation will be phased in, with companies with more than 250 employees affected. The minimum contribution paid by an employer and also the employee should be 3.5%. Employees...
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Poland’s status upgraded to Developed Market by FTSE Russell
It was recently announced that FTSE Russell has upgraded Poland from ‘Emerging Market’ to ‘Developed Market’ status. This acknowledgement represents the progress made by the Polish economy and capital markets, and that the country has joined the 25 most developed economies of the world. The decision will be effective in...
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New Minimum Wage Rates 2018
With effect from 1st January, 2018 the minimum wage rates in Poland have been reorganised. Compared to the previous year, the minimum earnings have increased by 100 zlotys gross. A new minimum hourly rate will also apply in the new year. The amendment in the area of the ‘Minimum Wage...
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Best-Performing Cities in Europe
4 cities in Poland are the best performing within the Top 20 in Europe: Gdansk, WROCŁAW, POZNAŃ and Krakow! Best-Performing Cities/Regions 1 Inner London-East, UK 2 Stockholm, Sweden 3 Budapest, Hungary 4 Pomorskie, POLAND (includes Gdańsk) 5 Nord-Vest, Romania 6 Dolnoslaskie, POLAND (includes Wrocław) 7 Berkshire, Buckinghamshire, and Oxfordshire, UK...
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Poland Economy – Q3 2017
Poland’s economy grew by a stunning 4.9% in Q3 2017 – much faster than any analysts predicted, this follows 4.0% in Q2 and 4.1% in Q1. British Polish Chamber of Commerce (BPCC) members are reporting that business is very good, but staff retention is becoming more challenging. getsix® as a...
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Poland – Regional Markets As An Investment Product
In recent years, Poland has become the undisputed leader in the investment market in Central and Eastern Europe (CEE). This is confirmed by growing investor confidence in Poland as a steady and comparatively settled market. As a result, in their search for high-quality assets, investors are increasingly looking at regional...
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The seminar ‘Doing Business in Germany – Opportunities Through Innovation’ organised by PAIH
The economic co-operation between Poland and Germany has long traditions. Germany being our western neighbour has been on the list of our most essential trading partners for many years – advised Polish Invest & Trade Agency (PAIH) President Tomasz Pisula, while he was opening the seminar ‘Doing Business in Germany...
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Tax news and information from Poland
IBM Report: Global Location trends 2017. Poland is being on the make in FDI Ranking According to the latest IBM Report (2017 Annual Report: Global Trend Locations) Poland soared to 11th place in the ‘Top-ranking destination countries by estimated jobs’ from 17th place last year. Poland has shown increases of...
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Poland – An under-the-radar economic star
Poland, an under-the-radar economic star that President Trump recently visited, he chose Warsaw, before Berlin, Paris or Brussels, and participated in a meeting to promote regional economic ties in Eastern Europe. Poland is working its way up just as the Asian wonders did, as a manufacturing power, even though this...
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