Accounting, HR, Payroll, Tax & Legal news from Poland

Digital accounting – going paperless as a source of competitive advantage for companies

Date22 May 2025

Digital accounting is no longer a choice – it is becoming a necessity for companies that want to operate faster, more securely, and more consciously. Clinging to paper documents, manual data entry and archive binders increasingly means risk: slower operations, higher costs, and loss of competitive advantage. Implementing modern digital...

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Why cloud data storage is worth investing in

Date19 May 2025

Storing files exclusively on local devices is becoming increasingly risky. A hard drive failure, laptop theft or cyberattack can result in the irreversible loss of information. In contrast, cloud data storage ensures security, convenience and full accessibility of resources – for both private and business use. What is cloud data...

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Full accounting in Poland vs. simplified accounting – obligations, differences and practical implications for businesses

Date15 May 2025

The rules for maintaining accounting records in Poland are strictly defined by legal regulations, primarily the Polish Accounting Act of 29 September 1994, and the Personal Income Tax Act (PIT Act). Depending on the scale of activity, legal form, and level of revenue, entrepreneurs in Poland may apply simplified accounting...

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Register a company in Poland as a foreigner – key questions and answers

Date14 May 2025

Interest in Poland as a place to conduct business among foreign investors has been steadily growing. This is driven not only by favourable economic conditions and relatively low operating costs but also by its central location in Europe and increasingly business-friendly administration. It is no surprise that more and more...

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IMF forecast – Poland to overtake Japan, Spain and Israel in GDP per capita by 2030

Date12 May 2025

According to the latest forecast by the International Monetary Fund (IMF), by 2030 Poland will surpass four developed countries in terms of GDP per capita (PPP): Israel, Spain, New Zealand, and Japan. In the 1990s, Poland was among the poorest countries in Europe. Today, thanks to stable growth and consistent...

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National Bank of Poland interest rates in May 2025

Date08 May 2025

On May 6-7, 2025, the Monetary Policy Council held a meeting during which it decided to cut the NBP interest rates by 0.50 percentage points.       Current National Bank of Poland interest rates:        reference rate at 5.25% on an annual basis; lombard rate at 5.75% on an annual basis;...

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Depreciation in real estate companies – how should the January and April 2025 rulings of the Polish Supreme Administrative Court be interpreted?

Date07 May 2025

Two divergent sets of rulings issued by the Polish Supreme Administrative Court (NSA) in January and April 2025 interpret Article 15(6) of the Polish Corporate Income Tax Act (CIT) in completely different ways. The former impose on real estate companies a limit based on “hypothetical” accounting depreciation, whereas the latter...

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Draft amendment to Poland’s KSeF – mandatory e-invoicing from 2026, key changes and what it means for businesses

Date05 May 2025

The Polish Ministry of Finance has published a new draft amendment to the VAT Act, which introduces the obligation to issue e-invoices via the National e-Invoicing System (KSeF). This system is set to become a universal and mandatory tool – first for large businesses, and later for all other VAT...

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Register company in Poland – Differences in taxation of foreign company branches and representative offices

Date28 Apr 2025

Registering a company in Poland is an attractive option for foreign entrepreneurs due to its stable economy and favourable investment conditions. However, before starting operations, it is crucial to determine the legal form of the business, as this impacts both tax obligations and operational aspects. Foreign companies often face a...

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New rules for employing foreign workers in Poland from 2025 – law signed by the president

Date24 Apr 2025

On 10 April 2025, Polish President Andrzej Duda signed into law the Act of 20 March 2025 on the conditions for employing foreign nationals in the territory of the Republic of Poland. The act will enter into force on the first day of the month following 14 days from the...

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Accounting, HR, Payroll, Tax & Legal news from Poland

Digital accounting – going paperless as a source of competitive advantage for companies

Why cloud data storage is worth investing in

Full accounting in Poland vs. simplified accounting – obligations, differences and practical implications for businesses

Register a company in Poland as a foreigner – key questions and answers

IMF forecast – Poland to overtake Japan, Spain and Israel in GDP per capita by 2030

National Bank of Poland interest rates in May 2025

Depreciation in real estate companies – how should the January and April 2025 rulings of the Polish Supreme Administrative Court be interpreted?

Draft amendment to Poland’s KSeF – mandatory e-invoicing from 2026, key changes and what it means for businesses

Register company in Poland – Differences in taxation of foreign company branches and representative offices

New rules for employing foreign workers in Poland from 2025 – law signed by the president

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