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Deflation in Poland fell by the record 0.6% in October on annual basis
Deflation in Poland surprised and fell by the record 0.6% in October on annual basis. This is probably the deepest deflation in 58 years (although data before 1990 is not fully comparable), since the early reign of Gomułka. This is the biggest problem for the Polish MPC which said the...
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Duties of the employer to pensioners
The employer is obligated to collect and store all documentation necessary for granting payments of pensions. If there are any irregularities by drawing up certificates, or the collecting and managing of documents, the employer bears the complete responsibility. For example: If an incorrectly completed certification would lead to the pensioners...
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HLB International network
HLB International is a leading network of independent professional accounting firms and business advisers with member firms well-established locally and mostly ranked among the top 12 nationally. Inspired for more than 40 years in over 130 countries, their 1,900 partners and 19,000 staff generate in excess of $1.9 billion in...
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Stamp duty in case of power of attorney
Stamp duty is levied when filing and depositing documents to confirm the power of attorney, registered commercial power of attorney, an executed copy or excerpt in the context of public administration or legal proceedings. This was stressed by the Polish Finance Minister in his general comments on October 13, 2014...
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Inflation in September 2014
In September prices for consumer goods and services recorded flat growth against the previous month, according to estimations of the Polish Statistical Office (GUS). Significant parameters were lower prices for fuel (1%), which offset higher prices (1.1%) in clothing and shoes, this was in line with the expectations of the...
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Change to the regulation for a Controlled Foreign Company (CFC)
On the 9th August, 2014, Sejm (lower chamber of the Polish Parliament) has approved the amendments from the Senate, to the draft bill amending the Corporate Income Tax Act, Personal Income Tax Act and other Acts, and thereby introduced new rules on CFC’s. These changes were largely to confirm and...
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Interview with getsix® employee Aneta Kociołek
We invite you to read an interview with our employee Aneta Kociołek – Head of Office & Quality Management / Senior Office Manager. What is your role within getsix®? For the last seven years I have been the Office Manager at our Wrocław office, within this time I started our...
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Prepared amendments to the Commercial Registers Act (KRS)
The Ministry of Justice submitted proposals to amend legislation on commercial registry and related bills that are now open for public consultation. The proposals are aimed at improving the availability and quality of business registration within Commercial Registers Act (Krajowy Rejestr Sądowy – KRS). The proposed amendments of business registration...
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Changes to the minimum wage for 2015
The minimum wage for 2015 has been agreed. According to the regulation from the Council of Ministers on 11 September, 2014 the minimum wage in 2015 will be the amount of 1,750.00 PLN per month- gross (currently the minimum wage is 1,680.00 PLN per month – gross). This regulation will...
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Notary costs for services regarding a limited company
Often the Commercial Code requires specific documents that must be carried out with the participation of a notary. In such a case additional costs will arise in the form of notary fees. Below please find a compilation of cases, where notary fees have to be paid.
