RSM Poland



Well-managed and modern enterprises more and more often decide to focus on their primary business targets, leaving other tasks to external, highly-specialised companies. Today's companies, in order to promote success for their owners, clients and employees, choose to concentrate on their primary activity and wisely outsource what they think is necessary – yet may be done better by others. RSM Poland enables clients to benefit from outsourced services in accountancy, reporting, tax compliance, VAT compliance, payment management and payroll.

Reporting duties of foreign capital companies

10 December 2018
Poland is becoming an increasingly attractive place for investment and is more and more the country of choice for opening businesses by foreign investors. Investors who wish to incorporate a foreign capital company in Poland should first of all make sure that any official documents drafted abroad that are to be applied in public proceedings in Poland are affixed with what is called an apostille. An apostille is a certification clause affixed to foreign public documents that allows for the paper to be used in the proceedings of Polish offices and institutions without the need for further legalisation. Bear in mind that a foreign entrepreneur will certainly visit Polish public offices more than once - not only throughout the company's incorporation and registration process, but also in order to fulfil the company's reporting duties. That is why today I would like to tell you more about the basic reporting duties of business entities with a foreign capital share.

Fantastic accountants and where to find them* or a couple of words about the work of an accountant in an accounting office

21 August 2018
Over the last couple of months, I have been very intensively involved in the recruitment process in our organisation and I talked to male and female candidates who wanted to learn something more about the work in a specific workplace, which an accounting office most certainly is. In wanting to met the expectations, this post has been written for all those who would like to pursue or continue their accountancy career.

We are captured by technology or a couple of words about financing and accounting systems (part 2)

30 April 2018
So how do we go about bookkeeping if we want to seize the opportunity of keeping the books abroad within the established structures, which reduces the company’s costs, while avoiding any additional costs that may be incurred in the event the correctness of the bookkeeping is challenged? Theoretically the easiest, yet often the most difficult solution is to rely on properly configured bookkeeping software.

We are captured by technology or a couple of words about financing and accounting systems (part 1)

24 April 2018
When a year ago one of our colleagues, Radosław OSMÓLSKI, wrote about the major pitfalls of using a foreign accounting system for keeping the books of accounts of a Polish company (read here), we have already had some experience both when it comes to shadow accounting and advisory on system solutions enabling reporting that would meet the needs of the Polish financial reporting and tax system. However, we are moving on every year, as we are working with an ever growing number of foreign financing and accounting systems and we are looking for even better solutions for our customers, so that doing business in Poland does not become a bureaucratic nightmare for them. That is why today we are going to focus not only on the form, but also on the place of bookkeeping.

The Financial Statements in e-NCR

20 April 2018
As of 15 March 2018, a new Article 19e of the National Court Register Act (“NCR”) has been in force, under which the financial statements of companies should be filed with the NCR with the use of an online system provided by the Minister of Justice. For such filing to be effective, they must be signed with a qualified electronic signature or a signature confirmed by an ePUAP trusted profile.

When a company initiates its operations in Poland – how to go through the registration process?

14 July 2017
Aleksandra KORZEŃ
When providing accounting and tax compliance services to national and international entities, I often see how difficult it is for an entrepreneur, especially a foreigner, to go through the company registration process and comply with all the associated formalities.

Receivables in the balance sheet

9 June 2017
The results of active operations of business entities that seek to generate revenue are liabilities and receivables arising out of contracts concluded with contracting parties or resulting from the rights and obligations imposed by tax offices, the Social Insurance Institution (ZUS) or other state administration units. Today, I would like to draw your attention to the specific nature of receivables and the method of their presentation in the company's balance sheet.

RSM attends the 2nd Accounting Congress in Warsaw

7 June 2017
The 2nd Polish Accounting Congress was held at Teatr Polski in Warsaw on 5-6 June 2017. The main theme of the Congress was "Accounting - a vision of the future.”

RSM Poland - Main Partner of the 2nd Polish Accounting Congress

28 April 2017
The 2nd Polish Accounting Congress organised by the General Board of the Association of Polish Accountants will be held at Teatr Polski in Warsaw on 5-6 June 2017. RSM Poland will be the Main Partner of this event.

Working on foreign accounting systems in Poland

9 March 2017
One of the consequences of participation of foreign capital in a company and belonging to a group of companies from different countries is the financial and accounting system imposed by the group. Foreign shareholders welcome the information that the Polish Accounting Act allows for the possibility of keeping the books abroad. They forget, however, that there are also other requirements that arise from the Accounting Act or tax acts, whose observance is necessary to ensure the compliance of the books kept in accordance with legal regulations.