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Sole proprietorship – DOING BUSINESS IN POLAND PART IX

doing-business-in-polandSole proprietorship – Unlimited liability of the sole trader in exchange for the low cost of doing business independently or in a civil law partnership Sole proprietorship in Poland can be registered online. To start such business in Poland the trader must be entered into the Central Register of Economic Activity kept by the Minister of Economy. The registration is free of charge and the online form is not complicated. The sole trader is also required to be registered in the competent tax office and in the social security office.

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The forms of doing business in Poland by the EU entity – DOING BUSINESS IN POLAND PART VIII

doing-business-in-polandThe forms of doing business in Poland by the EU entity – Temporary provision of services in Poland on the basis of economic activity in one’s own country.

It is possible to temporarily operate business in Poland without setting up a separate entity. This form of providing services in Poland can only be temporary and in some cases an additional notification to competent authorities is required.

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Obtaining the permit for investing in the SEZ – The procedure – DOING BUSINESS IN POLAND PART VII

doing-business-in-polandObtaining the permit for investing in the SEZ – The procedure

The main stages of the procedure of applying for a permit to operate in the SEZ and to purchase/lease the real property in the SEZ are:

1) the investor’s letter of intent to the administrator of the SEZ, defining the parameters of the investment in the selected location;

2) submitting the offer, together with the business plan;

3) obtaining a permit to operate in the SEZ by way of a tender or negotiations;

4) purchasing or leasing real property in the SEZ. According to polish law, this permit is a base for being beneficiary of state aid provided.

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Conditions of investing in the Polish Special Economic Zones – DOING BUSINESS IN POLAND PART VI

doing-business-in-polandConditions of investing in the Polish Special Economic Zones – The conditions: the minimum contribution of the investor – 100.000 EUR and long-term investment

Within the SEZ the investor can undertake production and render services (including logistics and informatics outsourcing, R&D, new technologies, accounting, call centers, etc.). In order to start the investment in the SEZs the investor is required to obtain the permit from the administrator of the SEZ. The permit is issued taking into account such criteria as the sustainability of the investment, the value of the investment of minimum 100.000 EUR, maintaining the investment for not less than 5 years and the creation of new jobs for at least three years (in case of SMEs). Particular requirements are establish in administrator’s ordinances.

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Polish Special Economic Zones – Doing business in Poland Part V

doing-business-in-polandPolish Special Economic Zones in the ranking of the top 50 SEZs prepared by fDi Magazine of the Financial Times.

Foreign investment in the Polish SEZ provides the investor with a partial tax exemption and Poland 10 EU The Foreign 2 guarantees that the intended purpose of the real property acquired or leased for investment is commercial and industrial one.
Special Economic Zone in Katowice (in southwestern Poland) has leading position in the ranking of the top 50 special economic zones in the world. What is more, it has been recognized as the Regional Winner for in Europe, Sub-regional Winner in central-eastern Europe, highly commended in Europe for Large Tenants Awards and SME Awards in fDi Global Free Zones of the Year 2016. SEZs in Poland are areas of special economic and tax status for investors (currently – 16.000 hectares). Businesses investing in the SEZ may benefit from state aid in the form of a partial income tax emption.

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