On 11 December 2024, the InvestPro Warsaw 2024 conference organised by Bosco Conference took place in Warsaw. One of the key participants of the event was Andrii Romanchuk, Attorney at Law and Senior Partner at EUCONLAW Group, who moderated the conference and presented a report on “Running a business in Poland: tax, legal aspects and new trends”.
During his presentation, Andrii spoke in detail about the key tax rates in Poland, namely
- VAT: 23%, 8%, 5%, 0%.
- CIT (corporate income tax): 19% or 9% (plus minimum tax).
- Estonian CIT: a special model of profit taxation.
- PIT (personal income tax): 12% or 32%.
- PCC (civil law transaction tax): 0.1% to 6%, depending on the decision of the Council of Ministers.
Andrii drew attention to the fact that only certified tax advisers can conduct tax consultations in Poland, and violation of this rule may result in a fine of PLN 50,000.
Andrii also outlined the main challenges faced by businesses when entering the Polish market:
- Work-life balance.
- Differences in business practices between markets.
- Logistical and immigration issues.
- Difficulties in remote business management if owners or managers are located outside Poland.
In conclusion, Andrii Romanchuk emphasised that successful entry into the Polish market requires not only knowledge of the law, but also adaptation to local realities and a professional approach.
