Posts by Jerzy Gaweł

Foreign entrepreneurs entering the Polish market are frequently offered so-called shelf companies – pre-registered legal entities that can be purchased and used immediately.At first glance, this may seem to save time and effort because the company already exists, has a KRS number, and can start operating as soon as shares are transferred. In practice, this…

Foreign companies entering the Polish market often face a crucial question: is a domestic Polish bank account required to register for VAT? In this update we explain when VAT registration is necessary, what benefits it provides, how EU rules differ from Polish practice, and why recent regulatory changes — including mandatory e-invoicing (KSeF) — make it essential to check…

Many entrepreneurs think about creating a Polish limited liability company (spółka z ograniczoną odpowiedzialnością — sp. z o.o.) as a way to pay less tax. At first glance, the idea may seem attractive. Instead of paying 12% flat-rate tax (ryczałt) as a sole proprietor, you could have a company taxed at just 9% corporate income…

When Poland introduced the so-called “Polish Settlement Tax Relief” (ulga na powrót) in 2022, the intention was to attract talent and capital by offering a four-year exemption from personal income tax on certain types of income, up to PLN 85,528 per year. However, the official Polish name is misleading. The Polish phrase „Ulga na powrót” literally translates…

If you live in Poland, chances are you’re considered a Polish tax resident. That means you are required to declare all your capital gains—no matter where in the world they were generated. This obligation applies to profits earned from your investment accounts, including foreign brokerage accounts. What You Need to Know Many investors are unaware…

If you’re an entrepreneur planning to establish or already operating a subsidiary (spółka z o.o.) in Poland, ensuring your business is adequately financed from the start is essential. Proper financing methods not only support stable growth but also optimize your tax situation and ensure compliance with Polish laws. Below are the most effective and legally…

Why OnlyFans Models Are Moving to Poland In recent years, there has been a noticeable increase in the number of OnlyFans creators relocating to Poland. The key factor behind this trend is Poland’s tax-friendly environment, particularly the lump sum tax system, which allows digital content creators to pay a fixed percentage of their revenue. This…

This article provides an in-depth look at when foreign businesses should consider Value Added Tax (VAT) registration in Poland, the benefits of such registration, eligibility criteria, a detailed registration procedure, and the ongoing obligations post-registration. Understanding these elements will facilitate a seamless entry into the Polish market and help you leverage the advantages of holding…

Have you recently moved to Poland and not claimed your Settlement Tax Relief yet? What is the Polish Settlement Tax Relief? The Polish Settlement Tax Relief is a tax exemption that allows you to exclude up to 85,528 PLN of your annual income from taxation for a period of four years after you become a Polish…

Many businesses and individuals considering Poland as a location for their operations or residence often harbor misconceptions about the country’s tax system. These myths can lead to unnecessary concerns and potentially missed opportunities. In this article, we will debunk three common misconceptions about Polish taxes and provide a clear understanding of the reality. Myth 1:…