The so-called Polish Order, which was signed in November 2021, introduced major changes to the Personal Income Tax Act and the Corporate Income Tax Act. Most of the tax changes entered into force on January...
Read full article...Poland introduced January 1st 2021 so called SLIM VAT solution (simple, local and modern VAT) which aims to modernize VAT settlements and simplify running the business in Poland. The main changes in the SLIM VAT...
Read full article...Tax changes in Poland from 1st January 2021 include a solution commonly called "Estonian CIT", meaning flat rate on income in capital companies. According to the Ministry of Finance the new tax method is expected...
Read full article...Deadlines for small and medium-sized companies:27 October 2020 sign agreements with the chosen financial institution to manage Employee Capital Plans (“PPK”)10 November 2020 sign PPK administration agreements.What is PPK?Employee Capital Plans are a voluntary long-term...
Read full article...On October 1, 2020, the regulations requiring the submission of a Polish new standard audit file for tax called JPK_ VAT7M / VAT7K will enter into force, which will replace both the VAT declaration and...
Read full article...In Poland there is a new obligatory Central Register of Ultimate Beneficiaries where all companies registered in Poland are obliged to submit information about ultimate beneficiaries till the 13th of July 2020. The deadline was...
Read full article...From April 29, 2020, you can apply for a subsidy under the government program for financial support of the Polish Development Fund (Polski Fundusz Rozwoju S.A.) The program covers micro-enterprises and SMEs whose sales...
Read full article...The Act on special solutions related to the prevention, counteracting COVID-19, other infectious diseases and crisis situations caused by them, was adopted, announced and entered into force 31 March 2020. This legal act is...
Read full article...The Act on special solutions related to the prevention, counteracting COVID-19, other infectious diseases and crisis situations caused by them, was adopted, announced and entered into force 31 March 2020. This legal act is...
Read full article...The main objectives of the package is the protection of employment and maintaining financial liquidity in companies. It provides, among others:State coverage of social security contributions for 3 months for micro-companies that employ up to...
Read full article...The Polish anti-crisis Act Project was presented 18.03.2020 by the government with the information that the aim is to finalize and sign the Act till 31.03.2020. Daily updates can be found on the ministry site ...
Read full article...Leinonen team would like to inform you that on March 8th, 2020, the Act on Special Measures related to the prevention, prevention and control of COVID-19, other infectious diseases and emergencies caused by them were...
Read full article...From January 1, 2020, each taxpayer and payer will pay PIT, CIT and VAT to one individual bank account, „tax micro-account”, which he must generate independently. You can easily check the tax micro-account using...
Read full article...We would like to inform you about upcoming important changes in VAT in Poland. 1. From 01/09/2019 an obligatory mechanism of split payment is planned for transactions over PLN 15,000 documented with an invoice and...
Read full article...Make sure your accounting & administration is up to date when starting the new yearEfficiency is the order of the day: it is smart to go through your whole accounting process from receiving an invoice...
Read full article...Złoty is weakening by the day in December.Polish zloty has been weakening ever since weak GDP growth figures of Q3 were announces in mid-November, Since then OECD has lowered economic growth expectations for Poland and...
Read full article...Leinonen partners with Finpro in "Growth from Poland" seminar. Leinonen, together with three other Poland specialists, organizes breakfast seminar in Ruoholahti, Helsinki. Venue is great as it is the home base of international trade in...
Read full article...Poland is one of the most important destination of Scandinavian and West-European companies in 2017. What are the biggest pitfalls and how to prepare for them?International companies have been barging into Poland ever since the...
Read full article...For the past year or so news have been filled mostly with negative news regarding political situation in Poland. It is good to remember that there are plenty of positive things waiting for companies investing...
Read full article...Economy growth slowed down towards the end of the year.Polish economy growth slowed to its weakest since 2013. According to Central Statistical Office GDP growth in the third quarter was 2,5%. Economists were expecting growth...
Read full article...Entities are required to transmit files JPK on request of tax authorities and fiscal control authorities on the following dates:from 1 July 2016. - Large entitiesfrom 1 July 2018. - Micro, small and medium-sized enterprises.Monthly...
Read full article...Leinonen partnered with several other high profile Finnish companies in business guidebook that presents the specifics of doing business in Poland.TERVE Poland! Scandinavian business in Poland - the Finnish way is a book about Finnish...
Read full article...Since 15 July 2016, there was introduced a clause against tax avoidance. The tax authorities, who possess legal basis, may question a legal action of the taxpayer, if in their opinion they aim to avoid...
Read full article...Big question after referendum in the UK on the 23rd of June is how Brexit will affect Poland – and more precisely: is it bad news for Poland? The first concern is naturally the almost one...
Read full article...Rules of concluding employment contracts change in September.The new provisions of the Labour Code will be effective from 1 September 2016. The Employer will have to sign an agreement with the employee before the first...
Read full article...From 19 May 2016 the provisions will come into force which will enable a new entrepreneurs register for insurance ZUS, at the stage of a company registration in CEIDG. Entrepreneur with the application for entry...
Read full article...The UK has voted to leave EU and this has immediate effects on exchange rates.According to BBC the referendum in the UK ended up with 52% for leave and 48% to stay. In terms of...
Read full article...Leinonen co-organizes together with other Finnish companies the annual Finnish Trade Guild summer picnic.The traditional and legendary summer picnic is organized this year on Saturday the 12th of June in Wilanów Golf Park in Warsaw....
Read full article...From the end of February there will be 33-month limit for fixed term work contracts.From 22 of February there will be new restrictions concerning fixed term employment contracts. Total length of one ore more fixed...
Read full article...Finnish Trade Guild (FTG), one of the national sections of Scandinavian Polish Chamber of Commerce (SPCC), launched a new sevice as of March 1st 2016.Corporate members of FTG have now access to legal advice as...
Read full article...Polish parliament adopted changes in the the Labour Code. They assume reduction in duration of the contracts up to 33 months, and the notice periods changes for fixed-term contracts.Contract durationThe aim is to limit the...
Read full article...For its implementation earmarked more than 10 billion euros (8.6 billion from the EU).The Ministry of Infrastructure and Development reported that they approved the first ranking list of projects eligible for support under the program...
Read full article...The Council of Ministers adopted an amendment’s project of the Code of Commercial Companies. It gives possibility to establish a private limited company with 1 PLN capital and introduce new protection’s instruments for creditors of...
Read full article...The Rules of granting powers of attorney in tax cases will be significantly modified in and be beneficial to stakeholders.The most important change is to enable to granting of general power of attorney – until...
Read full article...Leinonen organizes a breakfast seminar in Helsinki on 20th of May in co-operation with Barona and Spondeo. Barona is the largest HR service company in Finland and they recruit more than 10 000 people annually....
Read full article...From 1 January 2016, the minimum wage of a full-time employed worker will amount to 1850 zł gross.This represents an increase of 100 zł (5.7%) compared to 2015, when the minimum wage was 1750 zł....
Read full article...In connection with the increase of the minimum salary, which effect from 1 January 2016, will increase the amount of social security contributions for businesses. This means that entrepreneurs will have to pay to Social...
Read full article...Entrepreneurs and accountants would be glad to hear about the changes concerning the filing of CIT and PIT declarations. There would be a new solution for the settlement of the correcting invoice and other documents...
Read full article...It is worth to mention the amendments to the acts on PIT and CIT, which remove the obligation to "delete overdue invoices." In accordance with the preceding provisions if the amount on the invoice or...
Read full article...Poland has been center of attention throughout Europe ever since the parliamentary elections in the end of October 2015. After eight years as a ruling party it was time for Civic Platform (PO) to step...
Read full article...The Polish legal system, have made changes for documenting transactions between related parties. The purpose of these changes is to hinder the discharge of profits abroad. All changes were to enter into force on 1...
Read full article...Take a look at some changes in taxationFrom January 2015 all companies are obliged to send official forms electronically using qualified electronic signature. Forms in question include: PIT-4R, PIT-8AR, PIT-8C, PIT-11, PIT-R, IFT-1 and IFT-3,...
Read full article...With our advanced solutions all is possibleLeinonen is continuously seeking better ways of providing accounting services. Our aim is to provide flexible and cost efficient solutions to our clients. During the year of 2014 we...
Read full article...Below we present the most significant change in the VAT Act, which came into force on 1 January 2014 VAT tax obligation arises in the moment of any supply of goods or services. Before the reform...
Read full article...Leinonen conducted annual customer service survey in the end of 2012. We are proud to announce that results were once again excellent.Leinonen Poland received very good customer satisfaction in sections such as: "satisfaction to accountant",...
Read full article...Leinonen Poland is growing rapidly and therefore moving to bigger premises in very downtown of Warsaw. Starting from Monday the 30th of September our address will be:Nowogrodzka 44, m. 300-695 WarsawLeinonen will also have new contact...
Read full article...How do you describe the current business environment in the country? Are any new tax rate or legislation changes influencing it? If so, how?Polish economy has been growing constantly since 1992 despite several global crisis...
Read full article...Tax obligations in intra-Community supply of goods and intra-Community acquisition of goods changes VAT refund accepted as security for a bank’s loan The VAT Changes 2013:Tax obligations in intra-Community supply of goods and intra-Community acquisition of...
Read full article...From 1 January 2013, amendments to the regulations related to corporate income tax have entered into force. The main change is the obligation to make a correction of the tax deductible costs (transfer into non...
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