Understand the details about VAT, PIT, CIT and other major financial obligations towards the Polish tax administration
VAT Value-added tax (VAT) covers every entrepreneur who deals with import, export, sales (delivery), and resale of goods and products. As a rule in Poland, you are required to register as a VAT payer if the total value of your sales in the previous fiscal year exceeded 200,000 PLN. That amount does not...
CIT (Corporate Income Tax) Corporate income tax is a liability concerning companies formed under the Commercial Companies Code with a registered residency in Poland. Its amount is based on the corporate income regardless of source or method of obtaining it (with the only exception of forms of income such as interests and dividends...
PIT (Personal Income Tax) Personal income tax in Poland is payable by any natural person (resident or non-resident) from their yearly income from sources that include, among others, employment relationships, personal services, income from capital and property rights, and non-agricultural business activity. Regarding the nature of PIT obligation, similarly to the rule of...
Tax reliefs introduced with the Polish Deal (PIT) The new financial aids, which came into force on January 1st, 2022, are a form of compensation addressed to Polish entrepreneurs due to other regulations which will ultimately increase the costs of running a business. Sponsorship tax relief Available to entrepreneurs when they engage in...
