Bank Accounts website
Flag Theory website
We are not currently operating in this jurisdiction.
For a full list of countries where we operate, please click below.

Poland

Taxes

If you are willing to incorporate in Poland, this article will educate you on the tax laws for a LLC, which is the most common company structure in Poland.

Poland taxes corporate income on a worldwide basis. The established standard tax rate for income earned abroad, from our research, and these things do change, is 19%. Poland may not have exclusions and other available benefits to bring in foreign earned profits. Taxes are lower than average in Poland as the rate which LLC will pay tax is 19%. A lower taxe rate of 15% may be available for entities whose sales revenues didn't exceed the previous year EUR 1.2m. Poland ranks 66th overall in terms of CIT globally.

The value added tax (VAT) rate is 23.00%, that ranks Poland as 60th overall with regards to VAT globally. In terms of other taxation, an employer will contribute 22.41% to the equivalent of a social security fund and an employee will contribute 13.71%. The overall complexity of the tax system is medium. This is measured by average time to comply with a country's labor tax requirements is as it is 124hours. Contributing to this is the number of yearly labor tax payments, which is 1 in PL.

Thin cap rules are in effect. This refers to any type of laws on a business and the debt-to-asset ratios.

Dividends received from a Polish resident company are not included in corporate tax base. However, it is subject at a 19% withholding tax on source, unless the beneficiary holds at least 10% of shares for two years of the paying company. Dividends received from foreign companies are taxed at the CIT standard rate, but a foreign tax credit may be available. Dividends received from EEA/EU/Switzerland companies may not be included in CIT base, if parent company holds at least 10% (Switzerland 25%) of the share capital for two years of paying company. A dividend is a distribution of a portion of a company profit, decided by the board, to a class of its shareholders. Dividends can be one of the following shares of stock, cash payments, or other property.

Capital Gains are usually treated as ordinary income and subject to Corporate Income Tax standard rates. A capital gains tax is levied on the profits that a corporation or natural person realizes when he or she sells sells a capital asset for a price that is higher than the purchase price.

The interest withholding tax rate is estimated at 20%. Which means that the tax authorities expects LLC 's to withhold 20% of interests paid abroad. The dividends withholding tax rate is 19%. This means that the taxman expects legal entities to automatically withhold 19% of dividends remitted abroad. The royalties withholding tax rate is 20%. This means that the tax authorities expects relevant legal entities to automatically withhold 20% of royalties remitted to non-residents. Payments that qualify under the EU directives may be tax-exempt. Withholding tax rates may be reduced under a tax treaty.
There is no known tax on wealth in Poland. There are inheritance, transfer and real properrty taxes. There are no well known credits for innovation spend that include breaks on taxation in this country.

The above is not tax or legal advice for your specific situation. We are able to refer you to a tax advisor in Poland who can properly advise you. Contact us today. Click incorporate now if you are in a hurry, or press the free consultation button above.

Country details

Poland
PLN
Warsaw
Europe
Polish
38,500,000

Tax treaties

Country Type Date Signed
Singapore DTC  2012-11-04
Algeria DTC  2000-01-31
Belize TIEA 2013-05-16
Iran DTC  1998-10-02
Mongolia DTC  1997-04-18
Zimbabwe DTC  1993-07-09
Jersey TIEA 2011-12-02
San Marino TIEA 2012-03-31
Malaysia DTC  1977-09-16
Czech Republic DTC  2011-09-13
Romania DTC  1994-06-23
Croatia DTC  1994-10-19
Belgium DTC  2001-08-20
Montenegro DTC  1997-06-12
Luxembourg DTC  1995-06-14
United Arab Emirates DTC  1993-01-31
Grenada TIEA 2012-07-19
Thailand DTC  1978-12-08
Israel DTC  1991-05-22
Viet nam DTC  1994-08-31
Cayman Islands TIEA 2013-11-29
Ireland DTC  1995-11-13
Morocco DTC  1994-10-24
Korea, Republic of DTC  1991-06-21
Spain DTC  1979-11-15
Australia DTC  1991-05-07
Tajikistan DTC  2003-05-27
Bangladesh DTC  1997-07-08
Jordan DTC  1997-10-04
Mexico DTC  1998-11-30
Egypt DTC  1996-06-24
Turkey DTC  1993-11-03
Andorra TIEA 2012-06-15
Bulgaria DTC  1994-04-11
United Kingdom DTC  2006-07-20
Sri Lanka DTC  1980-04-25
Malta DTC  1994-01-07
Serbia DTC  1997-06-12
Zambia DTC  1995-05-19
Estonia DTC  1994-05-09
United States DTC  1974-10-08
Albania DTC  1993-03-05
Moldova, Republic of DTC  1994-11-16
Canada DTC  2012-05-14
Pakistan DTC  1974-10-25
Hungary DTC  1992-09-23
Qatar DTC  2008-11-18
Bermuda TIEA 2013-11-25
Denmark DTC  2001-12-06
Japan DTC  1980-02-20
Russian Federation DTC  1992-05-22
Saudi Arabia DTC  2011-02-22
Austria DTC  2004-01-13
Bosnia and Herzegovina DTC  1985-01-10
Lithuania DTC  1994-01-20
Liberia TIEA 2013-08-07
Kazakhstan DTC  1994-09-21
Isle of Man TIEA 2011-03-07
Azerbaijan DTC  1997-08-26
New Zealand DTC  2005-04-21
Georgia DTC  1999-11-05
Guernsey TIEA 2011-12-06
Tunisia DTC  1993-03-29
Belarus DTC  1992-11-18
Slovenia DTC  1996-06-28
Finland DTC  2009-06-08
France DTC  1975-06-20
Portugal DTC  1995-05-09
Bahamas, The TIEA 2013-06-28
Uzbekistan DTC  1995-01-11
Slovakia DTC  1994-08-18
Syrian Arab Republic DTC  2001-08-15
India DTC  1989-06-21
Norway DTC  2009-09-09
Armenia DTC  1999-07-14
Germany DTC  2003-05-14
Ukraine DTC  1993-01-12
Cyprus DTC  1992-06-04
China DTC  1988-06-07
Philippines DTC  1992-09-09
Chile DTC  2000-03-10
Iceland DTC  1998-06-19
Sweden DTC  2004-11-19
Former Yugoslav Republic of Macedonia DTC  1996-11-28
Uruguay DTC  1991-08-02
Dominica TIEA 2012-07-10
Kyrgyzstan DTC  1998-11-19
Kuwait DTC  1996-11-16
Nigeria DTC  1999-02-12
South Africa DTC  1993-11-10
Latvia DTC  1993-11-17
Gibraltar TIEA 2013-01-31
Switzerland DTC  1991-09-02
Greece DTC  1987-11-20
Netherlands DTC  2002-02-13
Italy DTC  1985-06-21
Indonesia DTC  1992-10-06
Lebanon DTC  1999-07-26

Tax treaties Map

>

Disclaimer

Although we use our best efforts to keep the information of this site accurate and up-to-date, we make no representations or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents of this website. We disclaim any warranties expressed or implied, merchantability, or fitness for any particular purpose. We shall in no event be held liable for any loss or other damages, including but not limited to special, incidental, consequential, or other damages. The contents of this website are just for illustrative purposes and are NOT to be considered as a legal opinion or tax advice and should not be relied upon as such. Far Horizon Capital Inc., and any associated company, is not engaged in the practice of law or tax. If you wish to receive a legal opinion or tax advice on the matter(s) in this website please contact our offices and we will refer you to an appropriate legal practitioner. Use of our websites FlagTheory.com, Incorporations.io, Residencies.io, Passports.io, is subject to our terms and conditions.

Newsletter

Flag Theory is an internationalization and offshore solutions provider, and the creator of incorporations.io. We offer expert consultation advice and assistance.

Your privacy is important for us and we will keep your information secure. View our privacy policy

View past newsletters

Consultation with

Flag Theory is an internationalization and offshore solutions provider, and the creator of incorporations.io

In order to better serve you, we ask that you please fill out the following form as accurately as you can and provide as many details as possible. Thank you.

Your privacy is important for us and we will keep your information secure. View our privacy policy