THE BLOG

11
Feb

The tax office will expand control and will check the taxpayer even outside Poland.

The Ministry of Finance plans to give new powers to the tax authorities, will exchange information about taxpayers with other countries. Everything for a wider tax seal. The first exchange of information is expected later this year.Continue Reading..

09
Feb

Owners of Polish companies are increasingly choosing this type of insurance.

Running a business in Poland is not only more and more expensive, but also causes more responsibilities, and mistakes threaten with severe penalties. If the tax authorities are pushing entrepreneurs, then insurers benefit. They meet the challenges and insure not only owners but also employees.Continue Reading..

30
Jan

By January 31, taxpayers must provide the tax authority with important information.

January 31 is an important date for taxpayers; the last day to provide the tax authority with information on revenues from other sources and on income and collected advance payments for income tax in 2019.Continue Reading..

28
Jan
12
Dec

Poles are falling into ever greater debts.

Polish people are getting into higher and higher debts. The number of 40% of the consumer loans are contracted for more than 50 thousands PLN.Continue Reading..

02
Dec
28
Nov

Amazon will employ over a thousand people in Gliwice.

Over a thousand people are expected to find employment in the Logistics Center E-Commerce, which Amazon plans to open in Gliwice. It will be the eighth such Amazon center in Poland, the largest in terms of area. Recruitment of employees has already begun.Continue Reading..

29
Oct

Employment of Asians in Polish companies increased by almost half.

In the first half of 2019, over 35,000 were spent. work permit for offices of Asian countries. Up to 42 percent more than in the same period of the previous year – finish with the data of the Ministry of Family, Labor and Social Policy. In the first summaries of the year, the highest number of hits allowed by Nepalese (6.3 thousand), followed by Indians (4.3 thousand) and Bangladeshi (4.1 thousand).Continue Reading..

09
Sep
05
Sep

How long does it take to obtain a cryptocurrency license in Estonia? The types of the licenses.

After registering the company with the Commercial Register and with the VAT authorities we can choose between two types of cryptocurrency licenses which can be obtained by cryptocurrency companies in Estonia.

The first type is the cryptocurrency exchange service provider license. It allows the companies to provide exchange services to those who want to trade cryptocurrencies against money or against other cryptocurrencies.

The second license – the cryptocurrency wallet service provider is suitable for companies which would like to offer e-wallets or virtual token wallets.

The entrepreneurs who would like to obtain such licenses need to wait for about 14-30 days after the application, for the response of the Financial Intelligence Unit in Estonia. Until the license is granted, the company is not allowed to start the activity. After receiving the license the company is obliged to start the activity within 6 months.

Some activities related to cryptocurrencies, for example popular digital token mining may be conducted without the license as long as the company does not trade them.

If you would like to start business in Estonia, please contact our specialized team. You will receive all the answers to your bothering questions and we will clarify all ambiguities regarding this topic.