The Polish parliament has decided to freeze gas prices at the current level for the coming year. Gas is expected to cost a maximum of 200 PLN (~45 EUR) per MWh in 2023. The legal umbrella covers gas prices for private households, housing cooperatives and their local heat generators, social institutions, hospitals, educational institutions, and
Learn more28 December 2022
Construction work on the third terminal (T3) has begun at the Port of Gdansk on the Baltic Hub container terminal (formerly DCT Gdansk). In the first instance, the multi-phase plan envisages the construction of a 36-hectare platform adjacent to the T1 terminal. Afterwards, a 717-metre-long quay with a water depth of 17.5 metres will be
Learn more22 December 2022
Published on 25 October 2022, the Act of 7 October 2022 introduces new regulations for taxpayers. For the most part, the changes under the Act apply to CIT and come into force on 1 January 2023, with some exceptions. A particularly significant change is the exemption from the payment of the minimum tax for the
Learn more15 December 2022
Ukrainian citizens founded 10,207 companies in Poland in the first three quarters of this year, reports the Polish Institute of Economics (PIE). There has been a dynamic upward trend since the beginning of the war in Ukraine. While only 188 companies were founded in January, as many as 2273 companies were already registered by Ukrainians
Learn more12 December 2022
The Polish petroleum company PKN Orlen has put into operation the first ultra-fast charging station for electric vehicles. It is located in the northern part of the A-1 motorway at the Machniarz South rest area, which is only a few kilometres away from the company’s headquarters in Płock. The charging station allows batteries to be charged
Learn more6 December 2022
Industrial production increased by 6.8 per cent year-on-year in October. However, it decreased by 0.7 per cent month-on-month, the Central Statistical Office (GUS) announced. Growth was registered in 25 of 34 industry groups. The automotive sector again took the top spot with 41.7 per cent. As in the previous month, the sectors with the largest
Learn more4 December 2022
Remote work and sobriety control The government’s bill to amend the Act – Labor Code and certain other acts concerning remote working and sobriety control is already in the lower chamber of the Polish Parliament – the Sejm. The draft predicts the complete removal of regulations on telework and its’ replacement by new regulations on
Learn more28 November 2022
We would like to inform you, that as of January 1, 2021, pursuant to Art. 11o Sec. 1a and 1b of the Corporate Income Tax Act, the obligation to prepare the Transfer Pricing documentation also applies to a controlled transaction or a transaction other than a controlled transaction, if the actual owner has a place
Learn more23 November 2022
Surprisingly positive and clearly above analysts’ expectations were the industrial production data in September. According to the Central Statistical Office (GUS), the value of sold industrial production was 9.8 per cent higher than in the same period last year. Compared to the current month, the growth rate was only slightly lower. 27 out of 34 industry
Learn more16 November 2022
The rules regarding the legalisation of employment of citizens of the Russian Federation in Poland have changed. As a result of the entry into force of the Ordinance of the Minister of Family and Social Policy, from 28 October 2022, it is no longer possible to submit applications to obtain declarations in order to start
Learn more15 November 2022
4 gigawatts for 20 billion dollars According to Anna Moskwa, Minister of Climate and Environment, these are the key figures for Poland’s first nuclear power plant. The Polish government has now decided that it will be built using technology from the US power plant supplier Westinghouse. The planned site is Lubiatowo-Kopalino on the Baltic Sea.
Learn more12 November 2022
Nowadays, a flexible approach on working policies became one of the leading global trends on the job market. A growing number of employers have adopted the formula of remote work, more commonly referred to as: “home office”. This formula is also immensely popular among companies which recruit their employees abroad. Other than the technical and
Learn more30 September 2022
The deadlines for the filing of the TPR and the statement on the preparation of local transfer pricing documentation for 2021 have been extended – thus, for companies whose financial year 2021 coincided with the calendar year, the deadline is, in principle, 30 December 2022. For entities whose financial year did not coincide with the
Learn more23 September 2022
Easier procedure for Belarusian citizens to obtain a temporary residence permit As of 9 July 2022, a regulation is in force that introduces an easier procedure for Belarusian citizens to obtain a temporary residence permit. It aims to help Belarusian citizens affected by various types of repression in their country. New type of temporary residence
Learn more14 September 2022
A draft law on the employment of foreigners has appeared on the website of the Governmental Legislation Centre, which aims to streamline procedures for entrusting work to foreigners in Poland, reduce the backlog of cases being handled by offices, as well as the full electronicisation of proceedings. The leading change is the electronicisation of proceedings
Learn more5 September 2022
The Customs Department of the Polish Ministry of Finance has published on its page a new version of the Instructions for Completing and Submitting INTRASTAT Declarations (dated July 27, 2022). These instructions are available under the link: Instructions for filling and sending INTRASTATdeclarations, version 1.15 What has changed? According to the Polish Ministry of Finance:
Learn more30 August 2022