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Taxes are mandatory monetary payments to the state. Contributions are used to finance social services: education, healthcare, and infrastructure development. In Poland, as in most other countries, there are many types of taxes. Each system has its own rules for assessment and rates, as well as numerous allowances. This article will explore the nuances of the Polish tax system, which is important to know and understand not only for those who have been running their business for a long time but also for those who are just starting their activities.
Before discussing taxes, it is important to determine the type of business activity of the company in order to understand the real tax burden. The amount of payments is calculated according to a specific scheme and depends on the chosen form of taxation. Let’s consider the nuances of the tax system using the example of a limited liability company (Sp. z o.o.).
According to the Commercial Companies Code (KSH), limited liability companies are companies with share capital. Their main goal is to accumulate capital or increase assets.
A company is a separate legal entity that is independent of its owners (shareholders). After registration in the National Court Register (Krajowy Rejestr Sądowy), the firm acquires the status of a legal entity and can act as a party in contracts made under civil law.
