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Blog: Piotr NOWATKOWSKI

Well-dressed Polish people

27 January 2016
Piotr NOWATKOWSKI

The estimated value of the clothing and footwear industries in Poland in 2014 amounted to 7.3 billion euro[1] and was higher in relation to the previous year by 5.6%. The clothing segment recognized an increase by 5.9% in relation to 4.5% of the growth of the footwear industry. It is worth noticing that in the stretch of the last four years, the entire branch was growing steadily at 4%, with the exception of 2012, where a slight decrease was noticed (- 1.6% in the footwear industry compared to 0.5% in the clothing segment). In 2014, most of the branch companies expanded their sales network, which in connection with a growing demand translated into the increase in revenues.

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Sunny revolution – will RES ignite Polish economy?

9 November 2015
Piotr NOWATKOWSKI

In years to come, RES should constitute one of the fastest growing areas of economy in Poland which also results from the fact that this is still a fledgling market when compared to other EU countries. Opportunity for growth is, therefore, much greater here than on relatively saturated Western European markets.

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Small business = great opportunities, also abroad

7 August 2015
Piotr NOWATKOWSKI

Whilst browsing the Internet recently, I came across an interesting report dedicated to economic and trade cooperation between Poland and Italy. Among a lot of interesting data referred to in this publication, I paid attention particularly to these relating to the size of Italian companies which invest in Poland.

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Poland through the eyes of foreign investors

9 June 2015
Piotr NOWATKOWSKI

In today’s post  I would like to share my impressions from a meeting with representatives of A+network Association, in which I participated on 17 April this year in Bologna. The meeting was devoted to Poland and opportunities the country gives to foreign investors, in particular to Italian businesspeople.

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When does a company receive a VAT number?

4 May 2015
Piotr NOWATKOWSKI

The completeness of company registration procedure is of material importance for entrepreneurs wishing to start up their business in Poland. From 1 December 2014, new regulations that are supposed to simplify the registration process of the entity into the tax office and the Statistical Office, came into force. Indeed, from then on, once the company is entered into the register of entrepreneurs of the National Court Register,  it is also entered into the register of taxpayers (receives a NIP) and, at the same time, granted the National Business Registry Number (Polish REGON). Entrepreneurs can finally start operating.

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Limited liability company or branch? The entrepreneur's legal form dilemma

1 March 2015
Piotr NOWATKOWSKI

Choosing the right business form is of uttermost importance to every entrepreneur. Therefore, before you make the decision it is advisable to learn about all the resulting consequences. If you happen to be a Polish entrepreneur, the task seems rather simple (at least in theory): you browse the Internet (thousands of posts, but which ones are credible?), check on friends and their experiences, and finally there’s a phone call to the Companies House to check out the mundane side of starting a business (what forms need to be submitted, where to pay your fees and how much?).

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