Encouraging All Polish Cities and Towns to Take Advantage of the Technological New Age

Currently, there are around 600 BPO, SSC, ITO and R&D centres, across Poland, employing almost a quarter of a million people and the sector is set for further growth.

Jadwiga Emilewicz, Undersecretary of State at the Ministry of Economic Development, spoke to Wiktor Doktór, President of the Pro Progressio Foundation, about the development of the business services’ sector and the opportunities that the so-called “aspiring cities” offer in this sector. Continue reading Encouraging All Polish Cities and Towns to Take Advantage of the Technological New Age

Do Your Homework First and Starting Business in Poland is Easier

New VAT forms that companies submit to the tax office and an updated list of products and services with a lower VAT rate are only a few of the procedures that have resulted from the Ministry of Finance’s five recent decrees. In July 2016, the Parliament approved new amendments to the VAT law in order to reduce informal economy. The Ministry of Justice plans on fighting the informal sector even further with terms of imprisonment for up to 25 years for tax fraud. Provisions against tax evasion have recently been introduced.   Continue reading Do Your Homework First and Starting Business in Poland is Easier

Are There Differences Between How Tax Regulations in Poland and IAS Treat Intangible Assets?

Krzysztof Wiśniewski

Krzysztof Wiśniewski

Tax Manager, BSS SA

These days, there isn’t a company that would not acquire intangible assets. Tax regulations in Poland, just as in other European countries, define intangible and legal assets in a different way to accounting regulations. In addition to this, balance sheet amortisation can also be done in a different manner: independent of tax depreciation. So, in these cases, companies use depreciation rates as they are stipulated in tax regulations if this is possible, and legal. However, they do need to calculate a deferred tax, using the temporary differences between the accounting and tax depreciation and intangible assets value.  Continue reading Are There Differences Between How Tax Regulations in Poland and IAS Treat Intangible Assets?

Poland — Overcoming Old Ways to Become a Modern Business Location

By 2025, business process outsourcing (BPO) centres will provide between 300,000 and 450,000 new jobs, says a McKinsey report. According to the Association of Business Service Leaders in Poland (ABSL), by April 2015, 356 investors had set up 532 BPO centres with foreign capital and employed about 150,000 people, across the country.

Tomasz Maciejak, CEO of Business Support Solution, and an audit and outsourcing expert, spoke to Emerging Europe about the prospects for the outsourcing and consultancy sector, as well as the business climate, benefits and the obstacles foreign investors can face in Poland. Continue reading Poland — Overcoming Old Ways to Become a Modern Business Location

SSC/BPO — Sourcing Talent On Poland

Marta Aserigadu

Marta Aserigadu

RPO Manager, Hays Poland

The SSC/BPO industry in Poland is still gaining momentum, therefore the need for talent remains strong. Local business leaders have made a great deal of effort to position this business as strategic to the Polish economy. Since then recognition, tailor-made educational programmes and industry-specific labour law regulations have all resulted in an inflow of talent.  Continue reading SSC/BPO — Sourcing Talent On Poland