A business meeting should begin and end with a brisk handshake accompanied by an appropriate greeting and the exchanging of business cards. Legal forms of doing business in poland 20 20 2014 3 sole proprietorship 1. Doing business in poland, 2015 linkedin slideshare. The doing business in poland guide will help uk businesses to take a look at this growing european market. Washington, october 31, 2018 economies in sub saharan africa set a new record for a third consecutive year, carrying out 107 reforms in the past year to improve the ease of doing business for domestic small and medium enterprises, says the world bank groups doing business 2019. Pdf on sep 1, 2014, krzysztof wach and others published selected aspects of doing business in poland 14. Legal forms of doing business in poland 20 2014 make a. Doing business in poland is very similar to doing business in the uk. Portugal is ranked 39 among 190 economies in the ease of doing business, according to the latest world bank annual ratings. General overview a sole proprietor is an individual who conducts business activity in hisher own name and on hisher own behalf. International trade the chart on the right presents polish export structured by destination in 2011.
Its main objective is to provide entrepreneurs with basic knowledge about poland, its economy, potential opportunities and to. We hope that this presentation helps you make decisions on doing business with and in poland. Doing business in poland british polish chamber of commerce. A collection providing useful information for those who wish to do business in poland german version size. Poland market overviewpoland market overview discusses key economic indicators and trade statistics, which countries are dominant in the market, the u. This page includes a chart with historical data for ease of.
The investors who consider executing business projects in poland may apply for a state aid. Highly qualified labour force, membership in the eu, entrepreneurial spirit and openness make poland a perfect choice for business opportunities from around the globe. In a series of annual reports, doing business assesses regulations affecting domestic firms in 189 economies and ranks the economies in 10 areas of business regulation, such as starting a business, resolving insolvency and trading across borders. Pdf downloadeflipbook please see the website for more details. Pdf selected aspects of doing business in poland 14. Essential tools for doing business around the world. In 2014 2020, poland is the biggest beneficiary of the eu funds eur 105. Poland also offers a lot of investment incentives, such as special economic areas. Poland is the largest country of the newer european union eu member states and in recent years has been one of. At the beginning of 2014 polish farmers were substantially impacted, as general exports to russia dropped by 14%3 with apple supplies slumping by ca.
Through close collaboration, our member firms are able to offer their clients preferred access to more. Economies are ranked on their ease of doing business, from 1190. Foreign investors are attracted to do business in poland by the young and. Ease of doing business in the territory the ease of doing business index is an index created by the world bank. According to paiiiz polish information and foreign investment agency, in 2014 the average hourly labor costs were estimated at eur 24. Ease of doing business in poland 20082019 data 20202022. If your product or service is successful in the uk, there is a good chance you will be successful in poland. Aerospace the aerospace industry in poland is one of the growing areas of the polish economy. The country commercial guide ccg presents a comprehensive look at polands commercial environment using economic, political, and market analysis market overview market challenges market opportunities market entry strategy. An early example of this diversification is the recent rise of food exports to africa after russias embargo in 2014. The rankings are determined by sorting the aggregate scores formerly called distance to frontier on 10 topics, each consisting of several indicators. Doing businessdatabase 19 payments 7 payments 260 270 280 290 300 2012. Doing business in poland guide by doing business guides issuu. The doing business project provides objective measures of business regulations and their enforcement across 190 economies.
The second round of eu funding for the years 2014 2020 will reportedly be used. In 2014 doing business covered regulations measured from june 2012 through may 20 in 189 economies. Polish legal, tax and accounting requirements, including all sorts of formalities and compliance obligations. Training for reform, a world bank group flagship publication, is the 16th in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Poland is situated in the heart of central europe and is the 9 th largest country on the continent and the 70 th in the world. It also incorporates measures of regulatory quality in the. The surveys took place from 1st to 10th november 20 and 7th to 9th may 2014. Doing business in nigeria 2018the fourth subnational report of the doing business series in nigeria compares business regulations in 36 states and fct abuja and measures progress since 2014 in four regulatory areas. Top 10 challenges of doing business in poland tmf group. World banks ease of doing business index ranking 2010. Polands growth was in part due to the sizable resources from the eu structural and cohesion funds. Higher rankings a low numerical value indicate better, usually simpler, regulations for businesses and stronger protections of property rights.
Abstract this economy profile presents the doing business indicators for poland. Dec 03, 2014 doing business in poland this brochure provides a general information on the polish business environment and the polish tax and legal system. Legal forms of doing business in poland 20 202014 3 sole proprietorship 1. List of subsidiaries as of may 16, 2014 state or jurisdiction of subsidiary incorporation actel, llc delaware. The lex mundi guides to doing business series offers valuable, informationpacked resources prepared by our premier member firms that provide an in depth look at business, economic, political and cultural trends in more than 100 jurisdictions around the world. Doing business 2015 is the 12th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Since then the polish tax system has been subject to frequent and fundamental changes. Welcome to the kpmg knowledge base of research that demonstrates our understanding of complex business challenges faced by companies around the world. Ease of doing business in poland 20082019 data 2020. The polish economy offers a valuable lowrisk and highprofit. Singapore is the first economy of the global ranking followed by hong kong sar, new zealand, the united states, denmark, malaysia, south korea, georgia, norway, and the united kingdom.
The rank of poland deteriorated to 40 in 2019 from 33 in 2018. Doing business in poland 165 agriculture agriculture continues to be a significant sector of the polish economy. Poland is ranked 40 among 190 economies in the ease of doing business, according to the latest world bank annual ratings. Ease of doing business in poland region oecd high income income category high income population 37,978,548 city covered warsaw 40 db rank db score 76.
Enjoy the benefits of a stable politicaleconomic situation the credit of sustainable development in poland has always gone to its solid economic foundation. Let us meet at the heart of europe doing business in poland. However, expansion is expected to exceed 3% in 2014. In 2014, poland also made complying with tax obligations easier for companies 18 source. National statistical office, yearbook of international trade in 2010 poland imported goods worth eur 4. Wideranging reforms in economic regulation have been implemented since the adoption of eu legislation, and there is now considerably less government intervention in the private sector. As of may 16, 2014 state or jurisdiction of subsidiary incorporation actel, llc delaware bloomingdale telephone company, inc. This decline is a reversal of previous years which saw constant improvement.
Doing business in poland whether your plans simply involve setting up a small office in poland or a larger entity to perform production activity, you will require professional support polish legal, tax and accounting requirements, including all sorts of formalities and compliance obligations. This guide will cover key aspects of doing business and investing in poland. The global business community is facing a new turkey, new in the sense that the country has been undergoing a structural transformation for the last 3 decades. The mspo is held annually in kielce southeast poland at the beginning of september. This page includes a chart with historical data for ease of doing. A collection providing useful information for those who. Training for reform report, released today the latest reforms were a significant increase over the 83. There has been widespread economic reform and deregulation, along with 14 special economic zone sez locations, offering aid and exemptions that make business in poland as. The rank of portugal deteriorated to 39 in 2019 from 34 in 2018. The pkf doing business in poland publication provides an overview of the most important aspects of doing business in poland and we trust it will be both informative and useful. From 1 december 2014 the statistical number regon, tax identification number nip, as well as registration with the social security office zus are assigned. There are no legal requirements regarding the amount of the initial capital to undertake. The lex mundi guides to doing business series offers valuable, informationpacked resources prepared by our premier member firms that provide an indepth look at business, economic, political and cultural trends in. The doing business in poland guide will help uk businesses to take a look at this.
Poland has emerged as an important and dynamic market since the country began its transition to democracy and a market. The ease of doing business index is an index created by simeon djankov, an economist at the central and eastern europe sector of the world bank group. Doing business presents quantitative indicators on business regulations and the protection of property rights that. The academic research for the report was done jointly with professors oliver hart and andrei shleifer. This guide aims to provide a route map of the way ahead, together with signposts to other sources of help. Does the agency in charge of immovable property registration agency formally. An early example of this diversification is the recent rise of. Selected reference projects 2014 kt electrotech as electrical installations in road tunnels in norway pulling cables, mounting cable ducts, installing street lighting lodige gmbh mechanical and electrical installation of an automatic car park with a capacity of over 1,000 cars logistics systems for car assembly at. The most significant investment incentives in a form. Wideranging reforms in economic regulation have been implemented since the adoption of eu legislation, and there is now considerably less government intervention in. Guide to doing business in poland po proofie final as. Economies are ranked on their ease of doing business. Poland s ranking in the world banks ease of doing business index was number 32, lower is better in 2015. This is confirmed by the world bank group in the doing business 2017 report, in which poland was classified at the 24.
Subnational studies have benchmarked 485 locations in 71 economies since 2005. Poland is not only attractive due to its geographical and political features but also due to its positive attitude toward new potential investors. Doing business in poland 20152 99% of all economic. Poland is the main beneficiary of these funds, receiving 68.
Poland is once again the largest recipient of eu structural and cohesion funds, with 72. Situated in northcentral europe, between latitudes 49 and 55 n, and longitudes 14 and 25 e, and bordering germany to the west, the czech republic and slovakia to the south, ukraine and belarus to the east and lithuania, russia and the baltic sea to the north, poland straddles three main areas the coastal lakes and dunes along the baltic coast in the north. The republic of poland has been a member state of the european union since 2004 usd 12,and is a country located at the geographical heart of europe. Prepared by eco slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising.
Poland is the largest beneficiary of eu funds over 105. Poland has also emerged as a favorable location for business processing centers including call centers, backoffice operations and research centers. Ease of doing business in portugal 20082019 data 2020. Whether your plans simply involve setting up a small office in poland or a larger entity to perform production activity, you will require professional support. See all the data for a city or region within an economy. Doing business in poland this brochure provides a general information on the polish business environment and the polish tax and legal system.
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