This is a page for the tag 2025
Why cloud data storage is worth investing in
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... Read More →
Full accounting in Poland vs. simplified accounting – obligations, differences and practical implications for businesses
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... Read More →
Register a company in Poland as a foreigner – key questions and answers
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... Read More →
IMF forecast – Poland to overtake Japan, Spain and Israel in GDP per capita by 2030
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... Read More →
National Bank of Poland interest rates in 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;... Read More →
Depreciation in real estate companies – how should the January and April 2025 rulings of the Polish Supreme Administrative Court be interpreted?
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... Read More →
Draft amendment to Poland’s KSeF – mandatory e-invoicing from 2026, key changes and what it means for businesses
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... Read More →
Register company in Poland – Differences in taxation of foreign company branches and representative offices
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... Read More →
New rules for employing foreign workers in Poland from 2025 – law signed by the president
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... Read More →
Day off for a holiday in Poland falling on a Saturday
In general, holidays are non-working days. If a holiday falls on a Sunday, the employer is not obliged to ‘compensate’ employees with a day off. However, if a holiday falls on a Saturday, a day off from work has to be granted to employees within the current settlement period. In... Read More →
