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.”…