{"id":26992,"date":"2020-07-03T01:30:50","date_gmt":"2020-07-02T23:30:50","guid":{"rendered":"https:\/\/www.thompsonstein.com\/?p=26992"},"modified":"2026-01-29T14:50:30","modified_gmt":"2026-01-29T13:50:30","slug":"why-is-it-worth-to-set-up-a-company-in-poland","status":"publish","type":"post","link":"https:\/\/www.thompsonstein.com\/en\/why-is-it-worth-to-set-up-a-company-in-poland\/","title":{"rendered":"Why is it worth to set up a company in Poland?"},"content":{"rendered":"

Poland is the country located in the heart of Europe. The business climate, as well as the economic competitiveness, have been improving over the years and now the country has a successful economy and a large internal market (38 million citizens). It is worth noting that Poland has one of the lowest CIT rates in the European Union. What\u2019s more it offers access to the skilled labor force as well as attractive conditions for doing business in Poland<\/a>.<\/strong><\/p>\n

Company in Poland – Benefits for investors<\/strong><\/h2>\n

Corporate income tax in only 9% in\u00a0Poland, which is really attractive to the entrepreneurs. This applies to the companies with revenue up to 1.2 million euros. The rate also includes entities in their first year of operation. In fact, 9% tax rate can apply to the entities with revenue higher than 1.2 million euros, with the more complicated corporate structure build on the limited partnership. It is also worth mentioning that companies in Poland are not obligated to pay divided tax. The taxation is on the receiver.\u00a0 Fiscal obligations do not distinguish between local firms and those owned by foreign persons, however international taxpayers can benefit from tax reliefs should they be subject to double taxation treaties (signed with more than 80 countries). There are also other fiscal reliefs for companies conducting ex. research activity.<\/p>\n

Foreign investors usually decide to start their operations in Poland mainly because of state support offered in relation to their projects. Apart from tax reliefs and exemptions, companies in Poland can count on grants and subsidies from the government.<\/p>\n

Direct foreign investment is encouraged in Poland and foreign entrepreneurs are treated the same way as local ones. In favor of mutual business development, there are tens of so-called Special Economic Zones located around cities, where companies can economize on favorable taxation, qualified workforce as well as other incentives. In order to raise interest of foreign investors a new Polish Investment Area has been introduced, meaning certain companies can earn tax deductions for income earned in the whole country. Tax relief depends on the investment location and is inversely proportional to company\u2019s size.<\/p>\n