Social security for sickness and maternity
Persons who are obligatorily insured for sickness and maternity are mainly employees. Persons covered by obligatory pension and disability pensions insurance, who, inter alia: work on the basis of an agency agreement or contract of mandate, carry out non-agricultural activity can also be insured, voluntarily, for sickness and maternity. The amount of the sickness contribution... Read More →
Withholding Tax (WHT) 2024
Interest, royalties, and others Interest and royalties paid to a non-resident and fees for certain intangible assets and legal services (e.g. consulting, accounting, legal and technical services, advertising, data processing, market research, recruitment, management, inspection services and guarantees, etc.) are subject to 20% withholding tax, unless the rate is not reduced under the agreement on... Read More →
New Supreme Court resolution: Partner of a two-person company and social security
On 21st of February 2024, the Supreme Court issued a resolution, III UZP 8/23, which has generated much discussion and interest in the business and legal community. The resolution concerns issues related to the social insurance of partners of a two-person limited liability company. The key point of the resolution is that a partner holding... Read More →
Over 5 million tax returns filed through e-PIT
According to information provided by the Head of the National Tax Administration (KAS), over 5 million declarations have already been filed using the Your e-PIT service. Taxpayers settling their PIT for the year 2023, who have utilized the e-PIT service, have already submitted: 4,442,000 PIT-37 declarations, 241,000 PIT-28 declarations, 107,000 PIT-38 declarations, 187,000 PIT-36 declarations,... Read More →
Bahamas, Belize, Seychelles and Turks and Caicos Islands removed from EU list of tax non-cooperative jurisdictions
In February 2024, the Council of the European Union decided to remove the Bahamas, Belize, Seychelles, and Turks and Caicos Islands from the list of EU jurisdictions reluctant to cooperate for tax purposes. As a result of these changes, there are still 12 jurisdictions remaining on the list which are considered reluctant to cooperate in... Read More →
National Bank of Poland interest rates in April 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 5.25% on an annual basis... Read More →
The new law implementing the DAC7 Directive
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 Directive 2011/16/EU on administrative cooperation... Read More →
Starting a business by a foreigner in Poland
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 automatically excluded from establishing a... Read More →
Draft Act amending the Act on Foreigners and certain other Acts
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 applications formats and EU Blue... Read More →
DHL opens new international logistics centre in Poznan
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 new complex, for which 180... Read More →
