In Croatian bureaucracy, the phrases “fizika osoba” (natural person) and “pravna osoba” (legal person) are frequently used. In this article, we will try to differentiate the two terms from each other. A fizika osoba (natural person) is a human being with rights and responsibilities. A natural person is somebody alive. After birth, an individual becomes a…
Delivery companies recently created new economies in both Europe and the world. It is a particular platform that connects the employer and the potential employee and is characterized by quite flexible conditions. Regardless of its definition, the same scope is carried by well-known taxis, catering, and other similar services. Companies look for employees that will…
A new tax will soon be required for non-EU citizens to enter the Schengen area from 2022. According to Euronews, any passenger other than those living in the Schengen area will have to pay the tax when entering the Schengen area. According to the publication, those who are citizens of EU member states but do…
The consequential and regularly developing technology brought by the new era is rapidly changing businesses. Companies are investing in big data, automation, and artificial intelligence solutions to improve their business capacities. The pandemic has also pushed companies to accelerate the existing digitalization plans to have data and processes continuously available and operable securely to ensure…
After Polish Sejm and Senate passed amendments changing the act on freedom of business activity, the document landed on the desk of the President of Poland. Andrzej Duda has just signed the bill, which introduces the amendments to one of the most important legal documents regulating economic activity in the country. The President’s signature is…
Last week, the National Bank of Poland introduced a new banknote in the value of 500 PLN. The new payment instrument will have the greatest value among the banknotes that are printed for Polish people and institutions. In the wallets of Poles there are already notes in the value of PLN, 20 PLN, 50 PLN,…
From 1 March (and not 1 January, as the Sejm wanted) tax collection and safety of public finances in Poland will be handled by National Fiscal Administration (KAS). Before taxpayers and officials there is a great tax administration reform. According to the announcement from Marian Banaś, who will stand in charge of the unit from…
Details of the plans to introduce further changes that are to make Polish fiscal system more flexible and friendly are regularly presented to public opinion by Polish Deputy Prime Minister and the Minister of Development Mateusz Morawiecki. However, he believes the changes should not be revolutionary, but rather improve how the system works systematically. The…
The Ministry of Justice published a draft of a new anti-usury bill, lowering the limits on loan costs other than interest. According to the bill, the fees and commissions will not be permitted to exceed 10 percent of the loan amount, which will be able to increase by 10 percent of the amount for every…
New changes in VAT tax coming up. Polish government has come up with some new ideas for closing the VAT gap. The amendments are planned to come into force on 1 January 2017. The Ministry of Finance decided to keep current goods and services tax rates at the same levels as in 2016 (0%, 8%…
