When it comes to flexible Immigration Laws and lucrative tax benefit slabs in European countries, Poland is considered a safe haven for investors, businesses, and entrepreneurs. Be it one of the lowest Corporate Income Tax rates in the European Union, or one of the most straightforward immigration laws for workers outside of the European Union – Poland has all the economic potential that is essential for any business to thrive and scale.
Companies that have a net revenue of less than 2 million Euros per year are considered small businesses in Poland and therefore, they are entitled to paying only 9% as their Corporate Income Tax (CIT). This is one of the lowest for active businesses in Europe, given the standard CIT is 19% in Poland in European OECD countries on average levy a corporate income tax rate of 21.7 percent.. Additionally, there is an opportunity for business owners to receive a tax break for 4 and half years as long as their net profit remains within the company, where a minimum of 3 workers are employed, and the shares of the company are held by an individual. So, this makes the net CIT to be paid absolutely Nil for the next 4,5 years.
Compared to other countries of the EU, Poland also has flexible Immigration Laws which makes it relatively easy to obtain work permits for employees coming from countries outside EU and from other countries such as Belarus, Georgia, Moldova, etc.
If these economic benefits sound right for you, LTC Business Services can help you achieve your long-term business goals and become immensely successful not just in Poland, but all over Europe.
Before coming to why LTC Business Services can be your ideal business partner in Poland, let us quickly summarize the Benefits of Operating a Business in Poland as Entrepreneurs, Foreign Investors, and owners of SMEs:
Poland Should be Your Business Destination for
- Standard CIT is 19% compared to other OECD countries in Europe where the average is 21.7%
- 9% CIT for small businesses whose net revenue is less than 2 million Euros
- CIT can be even 0% for over 4 years if profits are not distributed and remain withhin the company, the business employs a minimum of 3 workers and the company shares are held by an individual
- Straightforward Immigration Laws compared to other European countries make it easy for foreign workers and laborers to join the Polish workforce with work permits and licenses
- Strategically located at the heart of Europe sitting at the connectivity junction of major trade routes
- World-class Infrastructure with direct freight trains to China
How Can LTC Business Services Help You Take Advantage of a Fertile Business Market in Poland?
First and foremost, we guarantee you that you need not speak or understand Polish in order to be the owner of a successful business in Poland.
We speak the language of our customers and solve their problems in the language they understand and speak. Be it English, German, Russian, or Spanish, we have the right expertise to communicate with you in your language.
Our team is well-acquainted with the needs of foreign investors or businessmen in Poland. From having the accurate knowledge of local resources to helping the clients with practical solutions in their spoken language – we pay heed to every need of our customers so that they can save a lot of money by making an informed decision.
As a foreigner, it could be difficult for you to take advantage of all the Polish resources that are essential for running a business. Here we act as your trusted local business partner who takes care of all of your administrative needs while you focus on expanding your business operations.
- Solution for Every Problem
Whether you want to set up a fresh company, buy a fully-functional company, or take over a readymade shelf company we will help you at every step of the process and our board of business advisors and consultants will make sure that you establish a strong foothold in the International market with the help of your business in Poland.
Establishing a business in a foreign land can be quite expensive if you are not familiar with local tax offices, tax authorities, and VAT rules and regulations. You do not need to worry about any regulatory obstacles as our advisors will help you with not just Tax policies, and VAT Registration, but also will assist you in full capacity with business licensing in terms of obtaining work permits, transport permits, licenses for temporary work agency, and for all other necessary operations.
- Focus on the Bigger Picture
From managing the seamless functioning of your company to looking after the virtual office address; from mail management solutions to opening bank accounts for active businesses; from assistance with the work in HR Department like managing payroll, work permits, and work contracts to helping you out with accounting services, day-to-day administrative tasks, and business expansion needs – we take care of all your needs while you focus on becoming the next business tycoon.
LTC Business Services is not just any business assistance company in Poland but your most trustworthy one-stop solution for all business needs in Poland – be it administrative needs, consulting needs, advisory needs, tax needs, or complete business setup needs!