THE BLOG

18
Apr

The EP supported laws prohibiting the sale of double-quality products.

The European Parliament in Strasbourg on Wednesday supported laws prohibiting the sale of quality products. The new regulations were approved by the House with 474 votes in favor, 163 against and 14 abstentions.Continue Reading..

16
Apr
10
Apr

The businessman will deduct only 20% of car expenses

Only one-fifth of expenses on cars not recorded in the fixed assets register can be at the company’s expense. It does not matter if the vehicle is owned or co-owned by the taxpayer. The rules for accounting for expenses on company cars have changed since January 1 this year. According to the director of the National Treasury Information, you cannot deduct the car expenses belonging to the entrepreneur if it is not part of the company’s assets. However, if the car is used in connection with the business carried out in accordance with art. 23 par. 1 point 46 of the PIT Act, its operating costs and insurance premiums are only 20% tax deductible.

08
Apr

The entrepreneur in Poland has the right to make mistakes.

The Ministry of Enterprise and Technology plans to introduce another deregulatory package, which, among other things, is to strengthen the competitive position of Polish ports by extending the VAT settlement date in imports, as well as admit the right to error during the first year of operation for smaller entrepreneurs – said Minister of Entrepreneurship Jadwiga Emilewicz.Continue Reading..

06
Apr

Polish Bank Pekao intends to release up employees.

The management of Pekao has adopted a resolution on the intention of group layoffs and consultation on this matter. It is about releasing a maximum of 950 people.Continue Reading..

04
Apr

The development of the Polish institutional rental market.

According to earlier announcements, this year, the so-called the FINN Act, i.e. companies investing in property rental, which will be the counterparts of REITs operating in many countries.Continue Reading..

02
Apr

The EU has extended the black list of tax havens.

The European Union has expanded the black list of tax havens that it created at the end of 2017. It has added 10 jurisdictions, including the United Arab Emirates, Oman as well as the British and Dutch overseas territories. Blacklisted countries may be covered by stricter controls of transactions with the EU.Continue Reading..

28
Mar

Responsibility for the financial report in a Polish Limited Liability Company

The head of the unit and the person entrusted with the bookkeeping are responsible for the preparation of the annual financial statements. The head of the unit shall ensure that the report is prepared and submitted to the competent authorities within three months from the balance sheet date. If the unit is managed by a multi-person body, the financial report is signed by all members of this body and the person entrusted with keeping the account books.Continue Reading..

26
Mar

The new draft of the MSWiA. Foreigners who want to come to Poland will be obliged to have funds for return.

Foreigners who, for example, are looking for a job, doing business or studying in Poland, will need to have between PLN 200 and PLN 2,500 to cover the cost of return travel – says the draft regulations of the Ministry of Interior and Administration, included in the Government Legislation Center.Continue Reading..

24
Mar

Things you must think about if you’re setting up a modern company in Poland.

If you are just starting or thinking about starting a company in Poland, you must ensure that your customers will find you. And it does not matter if you are a freelancer, run a Polish limited liability company by yourself or you have a company where you employ several people. Today, it is impossible to function without a professional presence on the Internet. Here are the things you simply need to remember.Continue Reading..