Back to the insights archive
Your business

Poles are happy to start companies in the Czech Republic

Poles are happy to start companies in the Czech Republic, where doing business is cheaper and simpler - said PAP experts.

Poles are happy to start companies in the Czech Republic, where doing business is cheaper and simpler - said PAP experts.

The Czech, Polish and German business rules were discussed at the conference "Taxes without Borders" held in Prague with the participation of Czech, Polish and German...

Poles are happy to start companies in the Czech Republic, where doing business is cheaper and simpler - said PAP experts. The Czech, Polish and German business rules were discussed at the conference "Taxes without Borders" held in Prague with the participation of Czech, Polish and German tax advisors.

Dr Andrzej Dmowski, attorney, tax advisor, expert in the detection of crime and economic abuses, asked by PAP what can be done in Poland to stop the phenomenon of business moving to the Czech Republic, replied:

  • A key element would be to simplify the procedure for tax reporting, i.e. the possibility of submitting all declarations online, which would improve their work and second - the circulation of information in the tax authorities themselves. For foreign investors it is also absolutely incomprehensible, for example, how to settle VAT on purchased fuel.
  • Another issue is a specific type of restriction on investment expenditure of companies. In the Czech Republic, there are much smaller restrictions in this area, much greater investment reliefs - investment expenditure in its entirety, can be deducted from the tax base right away, and they do not break down over time through depreciation deductions - says Dmowski.

The expert also stressed that the problem in our country is unpredictability and discretion in relations with tax offices.

source: http://kurier.pap.pl/

Continue exploring our insights.

View the full archive
Your business

Investment in employee development will help keep the company on the market in times of crisis

For many companies, the current situation is a judgment that marks the end of their operation on the market.

Your business

Funding for the remuneration of workers in crisis shields

The crisis shield provides for a number of aid solutions for employers affected by the outbreak.

Your business

Micro enterprise loan within the Shield 2.0 – only for companies that suffered losses during the pandemic

one from the forms of aid provided for in the refreshed crisis shield package, it is possible to apply for a non-refundable loan for the company under certain conditions.