Ministry of Family, Labour and Social Policy is working on amendments to labour law that are to introduce minimum hourly wage. The government wants to discourage employers from using civil law contracts. The idea is gaining mixed reviews and sparked off heated debates among journalist, finance experts, or even government officials. The initiative will bring…
Paweł Szałamacha and Marek Gróbarczyk, Polish Minister of Finance and Minister of Maritime Economy and Inland Navigation, caught up everyone’s attention in a press conference that was held on Monday in Szczecin, in a shipyard cafeteria. The press event was called up in order to present a government remedy that is to bring back life…
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…
Mateusz Morawiecki, Polish Minister of Development, announced a plan for Polish development for the years to come, the Plan for Responsible Development, already dubbed by the media “Morawiecki Plan”. The strategy just got the government’s approval. The plan is to gear up Polish economy to reach new levels and to build grounds for growth even…
2016 budget act was passed through the Sejm (lower chamber of Polish Parliament) on Saturday. The state’s presentation of the planned revenue and spending closes with a deficit in the amount of 54.7 billion PLN. Polish MPs worked on over three hundred proposed amendments and eventually approved of the financial plan for 2016. The proposed…
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…
On 1 January 2016 a new restructuring law act came into force, which is to execute the so-called “new chance politics” The goal of the newly introduced regulation is to, among others, protect entrepreneurship, workplaces, employees and creditors in case of emerging financial problems for companies. The aim of the new restructuring law, according to…
Starting from first of December 2014 there will be the following changes in the company registry in Poland: 1. NIP and REGON numbers will be assigned by the KRS instead of tax office and statistical office. 2. Only one notary deed with Articles of Association should be submitted to the KRS when registering new company….
