Tag: Polish companies

07
Aug

The entrepreneur will be able to include more expenses in the costs of the Polish company.

The tax office gives a hand to small entrepreneurs, thanks to which they will pay a lower tax. Officials agree to deduct such expenses that were previously the subject of disputes like fees for learning a foreign language, additional studies or bills related to running a business in their own apartment.

Polish entrepreneurs must improve their qualifications, even the fluency in English language is necessary, without this it is difficult for any success in business. There are more and more foreign clients in every business branch and to be competetive the entrepreneurs need to expand their knowledge and skills to be able to guarantee them the best quality of service.

25
May

Central Invoice Register – a new tool for controlling entrepreneurs

On 1.12.2010, the European Commission issued a document called the “Green Paper” on the future of VAT. It set out recommendations that were necessary for simpler and more efficient settlement of value added tax. In addition, one of the tools aimed at minimizing tax fraud was to be a system monitoring all invoices in combination with settlements made by entrepreneurs for VAT. The Central Invoice Register will be such a tool in Poland. It is a tool that allows checking the correctness of issuing invoices, analyzing and detecting carousels and eliminating, among others, the so-called empty invoices, i.e. documenting fictitious transactions. In addition, CRF is to streamline and accelerate tax audits.

17
May

15 years of Poland in the European Union

For many people, membership of the European Union is almost normal. However, it cannot be denied that the changes that took place in 2004 had a major impact on all areas of economic and social life in our country in the following years. Membership benefits are undeniable. Just look at the balance of payments and withdrawals from the EU cash register. During these 15 years, Poland received net, i.e. after transfers from EU treaties over EUR 100 billion, i.e. at today’s EUR / PLN exchange rate over PLN 430 billion! To see how big this amount is, just look at this year’s Polish budget, which is PLN 387 billion.

It must also be admitted that Poland, looking generally at all these 15 years, used the EU funds in a satisfactory manner. Initially, there were considerable formal difficulties, even with completing the applications, but over time national institutions gained experience, as well as public awareness in the context of the existence of various forms of assistance from the EU increased, which allowed optimal use of funds. Funds from the cohesion fund were used primarily for infrastructure, including roads and motorways. For example, when we entered the EU, highways were only 500 km, while today it is already 1630 km. Farmers will not complain either. The billions of euros that went under direct payments allowed us to significantly modernize the Polish countryside, breeding and cultivating plants. Exports to the EU have also increased significantly. It increased almost five times.

Poles want to be in the EU, according to surveys, CBOS declares over 90%, and appreciate the benefits of being a member. It is mainly about the growth of the Polish economy and the growing quality of life. More and more Poles also appreciate the role of the European Parliament and thus declare a greater desire to participate in elections to this body.

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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