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
Have High Recent GDP Rates Lulled Cyprus Into a False Sense of Security?
The Cyprus government, for the last few years have been harping tales of steady growth and booming tourism levels; referring to the relatively high rate of growth of real GDP can be attributed to a number of factors: Declining official unemployment rates; excesses in the government accounts and the raising of large fund backing in international financial markets.