Foreign entities starting a business in Poland do not have to opt for setting up a local company. After all, running a business in Poland may take on different forms: you can set up a branch, hire local employees or merely partly transfer some processes (e.g., establish a warehouse or a design office). Sometimes foreign entrepreneurs decide to enter into close cooperation with an independent entrepreneur operating in Poland.
Foreign entities starting a business in Poland do not have to opt for setting up a local company. After all, running a business in Poland may take on different forms: you can set up a branch, hire local employees or merely partly transfer some processes (e.g., establish a warehouse or a design office). Sometimes foreign entrepreneurs decide to enter into close cooperation with an independent entrepreneur operating in Poland.
Konieczność złożenia formularza ORD-U – czyli rocznej informacji o umowach zawartych z nierezydentami w rozumieniu Prawa dewizowego – to obowiązek, o którym przedsiębiorcy i księgowi bardzo często zapominają, narażając firmę na grzywnę. Co gorsza, czasu na przekazanie informacji do urzędu skarbowego jest naprawdę mało. Dla większości podatników termin składania formularza ORD-U za 2022 r. mija 31 marca 2023 r.
Konieczność złożenia formularza ORD-U – czyli rocznej informacji o umowach zawartych z nierezydentami w rozumieniu Prawa dewizowego – to obowiązek, o którym przedsiębiorcy i księgowi bardzo często zapominają, narażając firmę na grzywnę. Co gorsza, czasu na przekazanie informacji do urzędu skarbowego jest naprawdę mało. Dla większości podatników termin składania formularza ORD-U za 2022 r. mija 31 marca 2023 r.
The Labor Code imposes an obligation on employers to provide the workers with safe and hygienic work conditions and to conduct the trainings in the field of OHS. It should be noted that the trainings should take place during working time and their cost should be paid by the employer.
In our articles about leasing, we have already written about the classification of leases on the balance sheet and the economic life of leased assets according to balance sheet law. On a few examples we have shown how to interpret the regulations in this area in order to have the most reasonable estimation. This time we will take a look at discounting cash flow related to the lease agreement and the relation between that cash flow and the market value of the lease object.
When a worker gets sick, the employer generally pays them sick pay or sickness benefit. Sick pay includes the first 33 days of illness in a given calendar year, with an exception of workers over 50, for whose sick pay includes the first 14 days of illness. The payment of sickness benefit starts from the 15th day of illness for the workers over 50 and from the 34th day for others.
The information published by Poland's Ministry of Finance shows that the number of tax and customs controls is successively increasing. In the first half of 2022 there have been almost two thousand of such controls – it is almost 300 more than in the same period of 2021.
An employment certificate is a document that almost every person actively working full-time has had to do with. Basically, it is a simple employment record form that the employer fills out to the best of his knowledge and gives to the employee after the end of the employment relationship. Although it is a prosaic and mundane duty, the diligence in completing this document (and the deadlines for its submission indicated in the regulations) should not be underestimated, because in the event of negligence the consequences for the employer can be really severe.
Polish Localization Package (PLP) provides an extension of a native functionality in NetSuite Oracle. It is a set of designed modules intended to fully support your financial NetSuite system in compliance with the Polish requirements stated in the Polish Accounting Act. We regularly update the PLP module and so we would like to announce a new version of Oracle NetSuite Polish Localization Package 2022.1 software. Our release notes provide information on the features and improvements in each release.
