Check out more news about: 2023.

Lifting of the state of epidemic emergency in Poland

The government plans to revoke the state of epidemic emergency on 30 June 2023. The revocation of the state of epidemic emergency will result in the abolition of special solutions related to this state on the territory of the Republic of Poland. Below, we present the provisions that have been amended, inter alia, by the

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12 June 2023

European Court of Justice opinion on foreign currency loans

Following the opinion recently delivered by the European Court of Justice (ECJ), the Polish Banking Supervision Commission KNF has warned of “dramatic consequences for the banking sector” if private consumers would be granted a “free loan”. The long-running dispute over foreign currency loans, especially mortgage loans in Swiss francs, has now reached a new level

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25 May 2023

Swedes invest in cellulose fibre packaging production in Kostrzyn

The paper manufacturer Arctic Paper and the Swedish cellulose producer Rottneros AB have contractually agreed on a joint venture for the construction of a paper mill in Kostrzyn nad Odra. The site, located at the border crossing to Germany, will produce molded cellulose fiber packaging from the end of this year. The value of the

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17 May 2023

HLB Group highly ranked among auditors of listed companies

We would like to announce the results of the “Parkiet” ranking of auditors of listed companies, in which HLB Poland achieved a high position, confirming its quality and professionalism. “Parkiet” ranking of auditors of listed companies The ranking can be accessed via this link: Ranking of auditors of listed companies Why HLB? HLB Poland boasts

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15 May 2023

HLB Group once again ranked among 10 largest auditors in Poland

Stable ranking for years despite strong competition We are delighted to announce that HLB Group is once again among the ten largest auditors in Poland, according to the prestigious Rzeczpospolita ranking of auditors published on 28 April 2023. This remarkable achievement is proof of the constant work put in by our team to continuously improve

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11 May 2023

Start of production of Jeep Avenger in Tychy

At the car plant in Tychy (formerly Fiat-Chrysler), the Stellantis Group has started regular production of the Jeep Avenger. The fully electrified vehicle is the first Jeep produced by the car company in Poland. The Jeep Avenger is a vehicle from the B-segment of SUVs. The vehicle was named “Car of the Year 2023” at

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10 May 2023

Polenergia opens one of the largest wind farms in Poland

The private company Polenergia has opened FW Dębsk, its largest wind farm. With a projected annual output of 366 GWh, equivalent to the electricity needs of around 180,000 private households, it is also one of the largest wind farms in Poland. It is located around 60 kilometres north of Warsaw. It is made up of

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5 May 2023

Withholding Tax (WHT) 2023

Interest, royalties, and others Interest and royalties paid to a non-resident and fees for certain intangible assets and legal services (e.g. consulting, accounting, legal and technical services, advertising, data processing, market research, recruitment, management, inspection services and guarantees, etc.) are subject to 20% withholding tax, unless the rate is not reduced under the agreement on

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28 April 2023

Amendments to the Polish Labour Code

As of 26 April, 2023, the provisions of the Act of 9 March 2023 amending the Labour Code Act and certain other acts come into force, implementing two important EU directives: on transparent and predictable working conditions in the European Union; on work-life balance for parents and caregivers as well as repealing EU Council Directive

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24 April 2023

Piotr Łyskawa to be a Chairman of RO PIBR in Wrocław

On 12 April 2023 the General Assembly of Certified Auditors of the Regional Branch of the Polish Chamber of Certified Auditors (RO PIBR) in Wroclaw elected Piotr Lyskawa, AVANTA Audit partner, to be a Chairman of RO PIBR.

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19 April 2023

Additional two days off for blood donors

We would like to inform you that two days off for blood donors are being permanently introduced into the legal system. This change in the Public Blood Service Act will certainly please donors. According to the new wording of Article 9(1)(1), merited honorary blood donors of both sexes are entitled to time off from work

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17 April 2023

Government plans tax on vacant residential real estate

According to research institutions, the housing shortage in Poland is about 1.5 to 2 million apartments. At the same time, however, there are around 1.8 million vacant apartments, according to the CIS statistics office. In order to resolve this imbalance and combat speculation on housing prices, the government announced at the turn of the year

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11 April 2023

Draft Position on the disclosure of activities to be discontinued or ceased

We would like to inform you that the Accounting Standards Committee has submitted for public discussion a draft Statement of Position on the disclosure of activities to be discontinued or ceased and the disclosure of information on this subject. The draft position relates to the reporting and disclosure in the financial statements of activities to

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4 April 2023

Extension of deadlines for filing CIT returns for 2022

We would like to inform you that on 21 March 2023, a regulation was published in the Journal of Laws 2023, item 530 extending the deadlines for filing corporate income tax returns for the tax year that ended between 1 December 2022 and 28 February 2023. The extended deadline also applies to the payment of

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3 April 2023

Estonian CIT – current legal status 2023

Estonian CIT is referred in the law as a lump sum on income of capital companies. It is a modern way of taxation that promotes investments and minimizes formalities when settling taxes for capital companies and partnerships. This solution is addressed to: micro, small and medium-sized capital companies and partnerships (limited and limited joint-stock partnership)

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1 April 2023

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