A dividend is the primary way shareholders participate in a company’s profits. From a business perspective it looks straightforward: the company earned a profit, so the owners take it out. In practice, however, every dividend payment triggers a chain of corporate, accounting, and tax obligations – and getting any of them wrong can be costly….
Processing payroll in Poland involves far more than transferring a salary to an employee’s bank account. It is a complex, recurring process governed simultaneously by labour law, social insurance regulations, and tax legislation. It demands accuracy, up-to-date knowledge of current rates, and strict adherence to deadlines. For employers entering the Polish market – as well…
A growing number of Polish investors are putting their capital to work in foreign markets by purchasing shares listed outside Poland. While diversification is a sound strategy, it also comes with additional tax obligations. How should dividends and capital gains from foreign investments be properly reported? Here is a step-by-step guide. Obligation to Report Foreign…
Ending an employment relationship comes with specific legal responsibilities. One of the most important is issuing an employment certificate. While it may seem straightforward, many misunderstandings arise around deadlines and employee rights. When must the certificate be issued? As a rule, the employer must provide the employment certificate on the last day of employment. This…
Understanding VAT in Poland Value Added Tax (VAT) is one of the core elements of the Polish tax system. It applies to most business activities involving the sale of goods or services and is charged at each stage of the supply chain. For many entrepreneurs, VAT registration is one of the first important decisions after…
Poland has become one of the most attractive destinations for foreign entrepreneurs in Central and Eastern Europe. A stable legal environment, access to the EU market and relatively low operating costs make it a strong choice for starting a business. A common question is simple: Can foreigners legally run a business in Poland? The answer…
Starting a business in Poland is relatively straightforward, but the real costs depend on the legal form, business model and level of support. Many entrepreneurs focus only on registration costs – while the actual expenses begin after the company is up and running. Registration costs in Poland Registering a sole proprietorship (JDG) is free of…
Non-governmental organisations (NGOs), including foundations and associations, play a significant role in Poland’s social and economic landscape. Although they are not profit-oriented, many NGOs engage in business activities to support their statutory goals. This creates additional accounting, tax and reporting responsibilities that must be properly managed. Legal framework for NGOs in Poland NGOs in Poland…
With the introduction of Poland’s National e-Invoicing System (KSeF), many individuals – including those operating on a very small scale – are wondering whether the new rules apply to them. The answer depends on several important factors. What is unregistered activity? Unregistered activity allows individuals to earn income without formally registering a business, provided that: Although not formally a business,…
A life estate agreement (“umowa dożywocia”) is legally treated as a form of compensated transfer of real estate. Both administrative courts and tax authorities consistently confirm this interpretation. However, the tax consequences for the parties involved are somewhat unusual. For the person transferring the property, the arrangement can be surprisingly beneficial. Even if the transfer takes place…
