THE BLOG

12
Jan

The European Union leaves a free decision in the application of VAT to the countries of the community.

The reduced VAT rate on the goods and services chosen by the state will be determined by local governments, not by Brussels. This is the next stage of the Union tax reform announced by the European Commission.

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10
Jan

Foreign currency account. The most important tool in your company.

If you trade with foreign partners, you need a company’s foreign currency account. Regardless of whether you are an exporter or importer, with your contractors you certainly do not settle in zlotys, but in euros, dollars or in another currency.

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08
Jan

The list of tax havens can be reduced by eight countries – this is what EU experts want.

A group of EU tax experts wants to remove a few countries from the black list of tax havens, they are talking about Panama, South Korea, Tunisia, Mongolia, Macau, Grenada, Barbados and United Arab Emirates.

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06
Jan

Foreign companies like to invest in Poland.

Foreign investors like to invest in Poland. The decision to re-invest in Poland would take 92 percent. of them. This is the result of the 11th edition of the study “Investment climate in Poland” conducted by the Polish Investment and Trade Agency (PAIH) with the support of HSBC and Grant Thornton. Unfortunately, the percentage of satisfied investors is falling.

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03
Jan

Economic growth in Poland is much higher than expected.

The economic growth in Poland in 2017 will amount to 4.2 percent. GDP, and in 2018, 3.8 percent. GDP – results from the autumn economic forecasts of the European Commission presented today. This is much better than Brussels predicted in spring.
In May, the Commission expected that Poland’s GDP would go up this year by 3.5 percent, and next year by 3.2 percent.

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02
Jan

President of PLL LOT: the Prime Minister has appointed the Polish Aviation Group.

Prime Minister Mateusz Morawiecki appointed the Polish Aviation Group. It is a joint-stock company with capital of PLN 1.2 billion; it will be composed of State Treasury companies, including PPL LOT, LOT AMS, LS Airport Services.

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26
Dec

Owners of Polish companies – what are they investing in now?

Time for such a long-awaited break in stagnation in investments? This conclusion is prompted by the results of the second edition of the Deutsche Bank report, indicating a significant increase in the readiness of Polish companies to expand, including foreign. There is only one “but”: the alarmingly low tendency of smaller companies to invest in innovation.

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25
Dec

Why Morawiecki rejected the ideas of currency conversion of loans in swiss franc?

Until 2007, BZ WBK almost did not grant franc loans. This changed when Mateusz Morawiecki became the president of the bank. Besides, he also enlisted a large loan (worth over PLN 2 million) in Swiss francs at that time. The BZ WBK he managed did not have the slightest scruples with squeezing this type of products to naive customers.

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17
Dec

Changes for Polish companies in 2017 that changed Polish business.

A lot of changes have appearedΒ in 2017 in Polish business. Polish entrepreneurs have at least few reasons to end this year with satisfaction.

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