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
Current Information on the Payment of Cyprus Income Tax
An individual is considered to be tax resident in Cyprus by spending a total (consecutive or otherwise) of 183 days or more in any one calendar year in Cyprus. Anyone earning an income in Cyprus falls into two categories:
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Creating Physical Presence & Capital Requirements for Cyprus Shell Company Crackdown
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How the UK is Combating Offshore Culture & How it Could be Doing More
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Nevis: The Offshore Tax Haven Nation of the World
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Keeping Europe Up-to-date with the Latest Legal & Financial Technology
The financial world is undergoing a technological revolution, with approximately 3 trillion financial deals entered into using digital ledger technology (DLT) and smart contracts within the next five years.