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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:…

We often encounter concerns that changing accounting firms during the tax year is too complicated and involves numerous issues. Nothing could be further from the truth! At Sarego Finance, we prove that taking over accounting during the year is absolutely possible and seamless for the client. If you are not satisfied with the current accounting services…

When a foreign company considers expanding into Poland, one critical decision stands out: should they open a branch or establish a subsidiary? This choice has significant implications for legal responsibilities, tax obligations, and operational ease. Understanding these differences is crucial for making an informed, strategic decision. Understanding the Branch A branch is an extension of…

Navigating Polish Business Formation Embarking on the journey of opening a business in Poland brings you to a crucial crossroads: choosing the appropriate legal form for your venture. In the Polish entrepreneurial landscape, two prevalent options stand out – the Polish limited company, known as ‘spółka z ograniczoną odpowiedzialnością’ (sp. z o.o.), and the sole…

PESEL (Personal Identification Number) is a unique 16-digit number assigned to every individual residing in Poland. It’s essential for many administrative tasks, including opening a bank account, finding a job, accessing healthcare, and registering a car. A PESEL number is indispensable for daily life in Poland. We strongly recommend obtaining one to simplify your stay.”…

Poland’s Limited Liability Company (Sp. z o.o.): A Tax-Efficient Structure Establishing a Polish LLC (Sp. z o.o.) can offer attractive tax benefits, notably a 9% corporate income tax (CIT) rate and a 0% dividend tax when participation exemption criteria are met. However, navigating the Polish tax and accounting landscape necessitates specific compliance measures: 1. Accounting…

Many foreign companies leverage a common practice in the European Union: selling products in Poland while only registering for VAT. This allows them to comply with Polish VAT regulations without setting up a full subsidiary. While this operation itself is typically considered neutral for Polish corporate income tax (CIT), it’s crucial to ensure your activities…