Polish government is working on amendments to Corporate Income Tax Act, Personal Income Tax Act and Freedom of Business Activity Act that will bring the legal limit of cash transactions down. Presently, the threshold for transactions in cash between enterprises is 15,000 EUR, but this is soon to change. The new limit is planned to…
The Labour Code has recently undergone some changes. They mostly concern employees on fixed term contracts. The new provisions introduced to the labour law regulate the three types of agreements that articulate the legal relations between an employer and an employee: fixed term contracts, contracts for indefinite period and contracts for trial period. Ministry of…
A big change is coming for taxpayers. The Polish Ministry of Finance has new plans to combat tax evasion and identify dishonest taxpayers. Polish edition of Forbes magazine called the upcoming solution revolutionary. Consolidated Control File – this is the name of the new tool that is to bring tax investigations to the next level….
Poczta Polska (Polish Post), the biggest provider of postal services announced that it is equipping its post carriers with mobile devices and dedicated “Mobile postman” application. The new devices will allow the company to broaden the scope of services offered and cut down on paperwork. Poczta Polska has not exactly been associated with innovation and…
Forbes magazine has recently published the sixth instalment of its annual The Richest People in Poland list. The ranking lists a hundred most affluent people in the country. From real estate moguls to ice-cream manufacturers, the richest Polish entrepreneurs may boast assets in the amounts from ranging from 340 million PLN (77.7 million EUR) to…
Polish deputy PM and minister of culture and national heritage Piortr Gliński visits Mumbai as a member of a Polish economic mission to India. The minister is accompanied by deputy development minister Radosław Domagalski as well as numerous Polish entrepreneurs and business organizations willing to tighten economic bonds with one of the Asia’s fastest-growing economies….
Lublin, a city in the east of Poland, has been chosen as a location for a biomass Combined Heat & Power (CHP) plant. The investor is Norwegian company called TergoPower. The renewable energy company operates in Norway, Sweden and Poland. The plant is to produce energy from fired straw bales. The location – Lubelskie region…
A new tech initiative was launched on 5 February at Google Campus Warsaw. Girls in Tech – a San Francisco – born non-profit organization with a mission to encourage and support women in their ventures into the world of IT, is now officially present in Poland. The official launch event of the Polish branch was…
The National Bank of Poland publishes quarterly information on payment cards in Poland. It has recently released the data collected for 3Q2015. The report presents and analyses all major figures regarding cards and card holders. The report is compiled based on the statistical information obtained from card issuers and acquirers. In summary, Polish people are…
It has been known for some time that Polish government has plans to introduce a new levy on retail sales. The original idea was to tax large retail chains, like Tesco or Lidl. The number of small shops in Poland has been continuously going down for some time. Ministry of Finance finally revealed some information…
