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National Bank of Poland interes

National Bank of Poland interest rates in April 2024

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Date05 Apr 2024
On April 3-4, 2024, a meeting of the Monetary Policy Council took place, during which it was decided to keep the interest rates unchanged. Current National Bank of Poland interest rates: reference rate at 5.75% on an annual basis lombard rate at 6.25% on an annual basis deposit rate at...
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The new law implementing the DAC7 Directive

The new law implementing the DAC7 Directive

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Date04 Apr 2024
In February 2024, a new bill amending the law on the exchange of tax information with other countries and certain other laws was published on the website of the Government Legislation Centre (RCL). The aim of this bill is to implement Council Directive (EU) 2021/514 of 22 March 2021 amending...
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Starting a business by a foreigner in Poland

Starting a business by a foreigner in Poland

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Date28 Mar 2024
From legal requirements to practical registration tips, this guide offers complete information for foreigners planning to start their own business in Poland. Can every foreigner run a business in Poland? The answer is complex and depends on various factors. Polish regulations clearly state that foreigners without Polish citizenship are not...
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Draft Act amending the Act on Foreigners and certain other Acts

Draft Act amending the Act on Foreigners and certain other Acts

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Date27 Mar 2024
The legislative draft of February 7, 2024, aimed at amending the Act on foreigners and certain other acts, provides for the introduction of a number of new regulations relating to the procedures for the entry and stay of foreigners in Poland. The proposed changes cover various aspects, such as residence...
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DHL opens new international logistics centre in Poznan

DHL opens new international logistics centre in Poznan

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Date20 Mar 2024
DHL has officially opened a new international logistics center in Robakowo near Poznan. It is the result of a joint venture between DHL eCommerce, Post + Parcel Germany and DHL Freight. According to DHL, the new facility will be able to handle up to one million shipments per day. The...
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The increase in the VAT rate on food from April 1 2024

The increase in the VAT rate on food from April 1, 2024

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Date15 Mar 2024
The Ministry of Finance has announced that from April 1, 2024, the reduced VAT rate on basic food products will not be continued. Instead of the zero VAT rate, which has been in effect since February 2022, a rate of 5% will be applied. This decision was justified by a...
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Increased controls in the area of transfer pricing

Increased controls in the area of transfer pricing

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Date11 Mar 2024
The Ministry of Finance has announced that tax authorities are going to increase controls in the area of transfer pricing. Data shows that in the first nine months of 2023, tax authorities conducted over 12,800 tax and over 7,000 combined customs and tax audits. In the face of globalization and...
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National Bank of Poland interest rates in March 2024

National Bank of Poland interest rates in March 2024

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Date07 Mar 2024
On March 5-6, 2024, a meeting of the Monetary Policy Council took place, during which it was decided to keep the interest rates unchanged. Current National Bank of Poland interest rates: reference rate at 5.75% on an annual basis lombard rate at 6.25% on an annual basis deposit rate at...
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Last updated: 13.12.2021
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