Poland joined the EU in 2004, 15 years after the end of the communist era and has pursued a policy of economic liberalization. The privatization of small and medium sized companies and a liberal law on establishing new firms has encouraged the development of the private business sector.
Poland receives the one of the largest pools of EU funding for development and infrastructure which makes it very attractive to foreign investors. Poland’s market size (it is the largest in central Europe) along with its location in the heart of Europe creates an ideal opportunity for business development.
Key benefits of Poland:
- Poland is a member of the EU, EEA, the World Trade Organisation and the OECD. As an EU member Poland is required to comply with all EU directives and regulations.
- Polish exchange rules are harmonized with EU legal standards and there are no limits on capital flows between Poland, the EEA and OECD member countries.
- Poland is a strong, politically stable economy with a highly educated workforce
CJEU: Defines Key Definitions for Tax & Beneficial Ownership Purposes
Last month, the Court of Justice of the European Union (CJEU) issued a series of important judgments dealing with tax avoidance and beneficial ownership in the context of the EU Parent-Subsidiary Directive (PSD) and the Interest and Royalties Directive (IRD).