The government has decided to extend the restrictions on foreigners entering Poland. Originally the restrictions were to be in force until the end of the summer vacations, but the latest amendment to the Regulation extended them by another month – until September 30, 2021. Below we remind you of the...
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Industrial production in Poland continues to grow. CIS reported growth of 29.8 percent in May compared to the same month of the previous year. Compared to the previous month of April (44.5 percent increase), it was slightly lower at 0.8 percent. As in April, the high growth in May was...
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Here is your getsix® 2020 Tax Brochure! This brochure really has two objectives – it can be a guide for your existing business in Poland giving you an excellent overview to possibly help with decisions or queries, and of course, which is no surprise, you might be considering a business...
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The introduction of ‘Split Payments’ will be delayed announced the Polish Ministry of Finance until 1st July, 2018. This anti-VAT fraud measure has already been delayed once since the original launch plan of 1st January, 2018. ‘Split Payments’ is a measure requiring B2B customers to pay the VAT element of...
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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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Poland is progressively altering its attitude regarding the conception of ‘fixed establishment’ for VAT purposes. The Polish tax authorities and courts are taking an expanding approach concerning those activities of foreign companies which give rise to a fixed establishment. As a general rule, a ‘fixed establishment’ shall be any establishment...
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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...
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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...
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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...
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In the opinion of experts the provisions of the Labour Code on a non-compete clause needs to be refreshed, as there are many ambiguous issues which are also not fully regulated by the jurisprudence. There are many disputable and debatable issues which are often interpreted differently by an employer and...
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