The sharp sell-off in the oil market will translate into the fuel market. In the perspective of several days, prices at stations can fall by 15-20 grosze. The question arises what to do next with oil. The price collapse may affect the decline in shale oil production in the US, where the average cost of production is $ 35-40. per barrel. But the crisis, and thus nervousness in the oil market, can still last.Continue Reading..
Coronavirus is becoming more widespread and has a negative impact on global markets. If the current collapse of the Chinese economy continues, this will affect the supply chain and many Polish companies will find themselves in a very difficult position.Continue Reading..
For several years, Polish entrepreneurs have been affected by the shortage of employees. The Federation of Polish Entrepreneurs diagnoses that this problem will increase from year to year.Continue Reading..
Sellers will be able to use virtual cash registers and send electronic receipts from them, if the buyer agrees. However, the Ministry of Finance wants to introduce a limit for sellers.Continue Reading..
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..
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..
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..
Until January 23, 2020, the National Tax Administration blocked 648 bank accounts, on which it secured PLN 86 million. But this is not the only effect of the operation of the Polish Stir teleinformatic system.Continue Reading..
After registering the company with the Commercial Register and with the VAT authorities we can choose between twoย types of cryptocurrency licensesย 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 toย trade cryptocurrenciesย 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.
Odds of most popular cryptocurrencies resemble stairs from August 28. In half an hour on Wednesday evening bitcoin became cheaper by $ 600. The next two smaller stairs appeared in the next 12 hours.
Over the past 24 hours, the most important cryptocurrencies have seen a major discount. The bitcoin exchange rate fell by 9% during this time, and for one BTC on August 29 at 10 it was necessary to pay around 36.4 thousand PLN.
Similar trends can be observed for the other most popular cryptoactivities. Everywhere on the charts is clearly visible the quick sell-off, which took place around 8pm on Wednesday, 28 August. Ethereum got cheaper by more than 12 percent during the day, bitcoin cash by 10 percent, and litecoin by 12 percent. Slightly less lost XRP token used in the Ripple system – 8%.