Tag: Polish company management

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.

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..

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..

20
Mar

Registered address for a Polish company.

After introducing the lowest corporate income tax rate in Europe – 9% Poland became even moreΒ attractive country for doing business by foreigners. Some of them are interested in living in Poland and conducting their stationary business but the other group would like to go back to their countries and control the company at a distance.Continue Reading..

14
Mar

Gross vs. net salary. Real Polish employee remuneration.

Gross earnings are otherwise the total remuneration, even before we deduct tax and social security contributions from it. In other words, it is the whole salary, which is included in the contract.Continue Reading..

14
Feb

Corrective note to the invoice in a Polish company.

Entrepreneurs are forced to frequently issue invoices, but also receive them from others as a proof of sales. The latter type can also be included in the costs incurred by the entrepreneur. However, in order for this to happen, the invoice must contain correct data. If the invoice contains errors, it is necessary to issue a correcting note by the buyer.

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08
Feb
16
Jul

Another ideas for starting new life in Poland.

The family and labor department is at the stage of preliminary talks with the Ministry of the Philippines regarding the signing of a bilateral agreement on the employment of employees – said StanisΕ‚aw Szwed, deputy minister of the family, labor and social policy.Continue Reading..

19
Mar

The fight for programmers continues.

High earnings, the opportunity to find a job in various locations in the country and abroad, job stability – all this is waiting for good employees in the IT industry. The demand for employees is so great that employers buy them back and offer more and more salaries.

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