Retail Sales Tax postponed by Poland
Poland has postponed the implementation date of the new ‘Retail Sales Tax’ following the challenges of the European Commission (EC). This initiative comprised of a turnover tax levied on established and non-established businesses in Poland. The turnover rate of each company determined the applicable rates, but businesses with a turnover... Read More →
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... Read More →
Poland – Record amount of leasing office space
Total supply in the nine major markets in Poland at the end of H1 2017 reached almost 9.3 million sqm. Over the first six months, developers completed 300,000 sqm. of office space, with more than 130,000 sqm. being completed in the capital Warsaw. Krakow was the regional city with the... Read More →
Investing in Poland?
If you are looking to invest in Europe, look no further than Poland… Find out in this latest report, a complete overview of the Polish market and if it’s worth investing there. Click the link to download the research paper – https://securities.bnpparibas.com/insights/poland-market-snapshot.html (Source: BNP PARIBAS) Poland Market Insights ‘Summary’ Consumer... Read More →
Poland – Economy & Trade
Poland amongst the EU leaders with GDP growth of 4.4% Central Statistical Office of Poland (GUS) and Eurostat have published data on GDP, in the second quarter the Polish economy has grown significantly faster than the average of EU Member-States. Poland’s economy topped analysts’ expectations and in the second quarter... Read More →
Business news from Poland
When developing the Polish FinTech sector foreign expansion is necessary Poland is the largest FinTech centre in Central East Europe (CEE). According to Deloitte Poland, the value to the Polish economy is around EUR 860million within this sector. The latest report from Deloitte shows that 72% of start-ups in Poland... Read More →
VAT split payments being considered by Poland from 2018
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Date25 May 2017
/Voluntary VAT split payments system is being considered by Poland, introducing from 2018. This measure, which will include customers paying VAT into a unique, locked bank account, is intended to reduce VAT fraud. This drafted scheme comprises of a split payment procedure, whereby the VAT amount of a sale is... Read More →
’Doing Business in Poland’ – A Guide to Success
We can understand why you are considering a business proposition in Poland; it has a great strategic position as a doorway to Central and Eastern Europe, and the unrelenting increase of its GDP make for a great opportunity for an ambitious entrepreneur. What Should I Consider? Each and every business... Read More →
Reduced VAT on e-Books backed by EU committee
An important EU Parliamentary committee has voted to back the European Commission (EC) suggestions to decrease VAT on electronic books to the same rates as their paper equivalent. The full EU Parliament will now vote on, after the Economic and monetary Affairs Committee backed the measure. Within the EU VAT... Read More →
VAT rises ruled out ahead of UK elections
The current Conservative government and the main opposition Labour party recently ruled out future rises in VAT ahead of June’s election. Since the 10%+ debit from the financial crisis, the UK has enjoyed a decreasing government deficit, but still faces a challenge to balance the books. Since the 2015 elections... Read More →
