Are you planning business expansion beyond Poland?
Choose KR Group - one professional service provider in the CEE region. Our offices are in: The Czech Republic, Romania, Hungary, and Slovakia. Instead of multiplying costs by having one provider per country, collaborate with us! We will help you unleash regional synergy by reducing unnecessary costs and speeding up processes.
Since 2017, our team supports entrepreneurs in the scope of accounting, payroll and HR, and tax advice. We will help you utilize the potential of the Czech market and expedite your company’s expansion.
Since 2016, we support our clients by offering payroll-HR services, accounting, tax advice, and tax compliance. We will support your company in entering the Romanian market, and in growing your existing business.
Slovakia
Slovakia
Through cooperation with proven suppliers of accounting services, VAT compliance, as well as tax advice, we support companies in expanding their business activity in the Central and Eastern European region.
Thanks to one of the most open European economies, entrepreneurs may count on a favorable place to invest. Since 2016, we support companies in the scope of accounting, tax advice, as well as payroll and HR.
In the article The November increase in the NBP reference rate affects the maximum interest rate in transactions between related parties, we wrote that in the environment of interest rate increases, when determining the interest…
In2022, LIBOR basis rates are no longer being used, and this has consequences involving the regulations governing the use of the financial safe harbour mechanism.
From February 1, the Polish government announced a reduction in VAT rates for certain food products, fertilizers, fuels, natural gas, LPG and energy. Rate reductions are to be introduced under the so-called “Anti-inflationary Shield 2.0.”…
Report on applied payment terms - according to Article 13a of the Act on Prevention of Excessive Delays in Commerce Transactions, applies to: tax capital groups, regardless of the amount of revenue earned; corporate income…
15.12.2021 in the Journal of Laws (under item 2317) was published the Law of 2.12.2021 on amending the Law on special solutions related to preventing, counteracting and combating COVID-19, other infectious diseases and ensuring crisis…
The new transfer pricing obligation is a consequence of the new wording of Art. 11o of the Corporate Income Tax Act, which came into force on 1 January 2021. Full implementation of this obligation, i.e.…
The deadline for fulfilling transfer pricing obligations for 2020 is approaching rapidly. This year was an exceptional time due to the COVID-19 pandemic and its impact on transfer pricing. The pandemic made it necessary to…
Under the Polish Deal provisions, changes to withholding tax will enter into force in January 2022. According to the bill, the changes concern: due diligence, the definition of “beneficial owner”, the “pay and refund” mechanism,…
The Act of 29 October 2021 Amending the Personal Income Tax Act, the Corporate Income Tax Act and Certain Other Acts has been published in the Journal of Laws (Dz.U. 2021 item 2105). The new…
Businesses selling goods in retail stores can take advantage of the TaxFree procedure. After meeting certain conditions, stores can facilitate VAT refunds for their customers from outside the European Union who paid the tax when…
From 1 January 2022, the package of tax changes introduced under the Polish Deal will enter into force in Poland. On 16 November 2021 the act introducing the new regulations was signed by the President…
Preparation of transfer pricing documentation, and compliance with all the duties related to transfer pricing, can pose a challenge each year for companies. One of the factors encouraging correct and timely compliance in the area…
On Tuesday, November 18, 2021, the president signed the law on tax changes, which is provided for in the so-called "Polish Deal ". Therefore, we are sure that from January 1, 2022 we will all…
All EU member states, including Poland, are currently facing the serious challenge of implementing the new VAT rules for the e-commerce industry. The core purpose of the changes is to tackle large-scale online VAT evasion…
On 14 September 2021 the Polish government made a correction to its bill to amend the income tax acts which it had filed with the Sejm on 8 September 2021 as part of the Polish…
In July, the Polish government presented a bill to introduce broad changes to tax and insurance laws, known as the “Polish Deal.” In addition to changes in income taxes, the bill also provides for significant…
In the second part of our series of articles we describe the most important changes proposed under the project called "Polish Deal" connected with the topic of transfer pricing. These changes pertain to a number…
The deadline for taxpayers to notify the head of their current tax office that they meet the conditions requiring them to move to a specialized tax office is fast approaching.
Amendments to the Corporate Income Tax Act introduced by the Polish Deal also include additional, previously non-existent fiscal burdens, which are intended to further tighten the existing tax system in Poland. The tax on pass-through…
Adjustment of transfer prices is a mechanism applied in settlements between related entities. The appropriate classification of a settlement as a transfer pricing adjustment (as referred to in Art. 11e of the Corporate Income Tax…