Poland.Business Harbour

Investing in a foreign country sometimes means relocating your employees and their families. The decision to do so is never easy. However, recent changes regarding the principles of employment of foreigners in Poland strives towards opening  up our labour market for foreigners. There has been an expansion of the group of people may work  without  a  permit, as  well  as a simplification of the procedures associated with the securing of the appropriate permits. 

Poland is located in the heart of Europe, which makes it a perfect location for companies doing business and wishing to export their products both to the East and to the West. Investors in Poland can benefit from our strong economic position as members of the European Union – our location is also highly desirable from a logistical perspective. In Poland, the East meets the West, thanks to the Belt and Road connections that run across our country. Moreover, Poland is a part of the Baltic-Adriatic and the North Sea-Baltic Corridor projects, which will soon link the North of Europe with the South.

Over the last three decades, Poland's GDP has grown faster than any other, in Europe. According to the International Monetary Fund, since 1981 Poland’s GDP per capita  has increased more than nine fold. IMF forecasts, indicate a further dynamic increase in purchasing power parity. Poland has only experienced a recession once, since 1989 - and only for a few months of 2001. It was thanks to the diversification and competitiveness of our economy, that GDP growth was not swept away, even by the financial crisis of 2008. What is more, the European Commission estimates that in 2020, our economy will shrink by only 4.6 percent due to the coronavirus crisis. Hence, the recession in Poland is likely to be the shallowest in the entire EU. 

Poland has earned the reputation it is conducive to do business in. This has been is confirmed by international reports, such as the „Global Competitiveness Report 2019”, „Doing Business 2020”, „Corruption Perception Index 2019”. Poland ranks above the majority of countries and is the CEE region’s leader. Learn how to set up a company in Poland.

Corruption Perception Index 2019
Poland - 41st place
Czechia - 44.
Slovakia - 59.
Bulgaria - 74.
Hungary - 70.
Romania – 74.

Doing Business 2020
Poland - 40th place
Czechia - 41.
Slovakia - 45.
Hungary - 52.
Romania - 55.
Bulgaria - 61.

Global Competitiveness Report 2019
Czechia - 32nd place
Poland - 37.
Slovakia - 42.
Hungary - 47.
Bulgaria - 49.
Romania - 51.

• Polish Investment Zone: The whole of Poland has become an economic zone, thanks to which companies investing anywhere in the country can count on income tax exemptions. The decision to support an investment is made after certain criteria have been met
• Research and development relief: Companies can deduct up to 200% from their tax base (and 250 % in the case of R&D centers) of eligible costs, for expenses related to e.g. wages and salaries, the use of equipment or the purchase of materials intended for scientific research.
• Innovation Box: There is 5% preferential tax rate on income obtained from the sale of intellectual property rights. The preferential rate applies throughout the entire period of patent protection, and is also fully compliant with the OECD nexus approach.
• A program for supporting investments of significant importance to the Polish economy: 
  A Government grant program subsidy program allows companies to get support of up to 20% of eligible a projects costs in the case of strategic or innovative manufacturing projects or highly advanced service centers.

• Information about the support for entrepreneurs and their families (Russian, English or Polish) 
• A personal assistant, who will guide you through the process of relocation.

Email: pbh@paih.gov.pl