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This article will help you figure out how to buy an apartment in Poland for an individual person. Consider the mandatory taxation when you will make this transaction.
There have been some changes in the legislation relating to the tax on goods and services (VAT), according to which the requirements for documenting transactions with European counterparties have become more stringent. These changes follow from the provision of Directive (EU) 2018/1912 of 4 December 2018, amending Executive regulation (EC) no 282/2011, which entered into force on 27 December 2018, but the application only came into force on 1 January 2020. The purpose is to unify the rules for documenting intra-community delivery of goods throughout the European Union. The provision of the law introduces so-called Quick Fixes - changes aimed at implementing measures that simplify transactions within the EU, including the right to apply the 0% VAT rate for cross-border transactions made between different EU countries.
The Polish government has approved a new law to eliminate or at least reduce the number of cases of delayed payment in the SME sector (Small and Medium Enterprises). For a long time there have been cases of regular non-payment of bills by large organizations for companies from the SME sector on the Polish market. Often, the contractors of large enterprises are small and medium-sized companies, which, if they do not receive payment for a long time from the client organization, liquidate their activities due to lack of funds for doing business.