Business insights from Poland

Business insights from Poland

New rules only for limited liability companies with a collective management. What should the declaration on the financial statements and the report on company’s operations contain and in what form can it be prepared?

New rules for signing Polish financial statements and reports on company's operation in practice

What changes have been made to signing financial statements and reports on company’s operations and how new opportunities help entrepreneurs? The recently introduced solution seems to be particularly useful for those entities whose boards include foreigners.

For example, in a limited liability company managed by a three-person management board, it is now sufficient for only one member of the management board to sign the financial statements and the report on the company’s operations.

How new opportunities help entrepreneurs and what should the declaration on the financial statements and the report on company’s operations contain?

You can read all about it on our blog ??


Our auditors once again invite you to listen to our podcast featuring solutions to current problems in the field of financial reporting

Auditor's talks: the impact of the war in Ukraine on financial reporting

Our auditors once again invite you to listen to our podcast featuring solutions to current problems in the field of financial reporting. This time Piotr Staszkiewicz and Aleksandra Sysiak continue their analysis of the effect that the war in Ukraine may have on company documentation.

What challenges await accountants and management boards? Situations that may affect the financial statements are in many cases rather negative, so it is important to consult all these issues with your advisor and auditor on an ongoing basis.

Listen to the full conversation on our YouTube channel ??


Under the Polish Deal provisions, you can now deduct expenses that used to be non-deductible in previous years under Article 15e. However, these provisions fail to specify whether – and possibly how – to apply the existing deduction threshold. The most reasonable way out here seems to be an advance tax ruling.

Since the beginning of 2022, over 6,200 companies have taken advantage of the "Estonian CIT" – 1,100% more than in all of 2021.

As reported by Puls Biznesu – a Polish daily newspaper devoted to business and economic issues – the number of companies that decide to switch to alternative taxation rules is rapidly growing. Why the sudden interest? It's all because the Polish government decided to liberalise and simplify the regulations – and removed many of the barriers that had previously deterred small and medium-sized businesses.

What are the biggest advantages of the new regulations? What cost deduction approaches can be applied in your organisation? Read our blog post or contact our experts to find out if your company should consider the "Estonian CIT".

?? See how we can help you ??


Learn more about doing business in Poland, read our previous LinkedIn bulletins here.

RSM Poland – financial audit, tax consultancy, accounting, payroll and HR, legal consultancy. We offer comprehensive solutions for business - feel free to contact us!

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