29.08.2019
 Doing Business in Poland Exploration Paper

Format of the Address

1 .

Conducting business in Poland (Socio-Cultural Aspects)

Krzysztof Wach, PhD

Cracow University of Economics Faculty of Economics and International Relations Office of Entrepreneurship and Innovation

2 . three or more. 4. 5.

investment environment cultural measurements Poland and classifications of cultures historic influence useful tips appendix 1: business legal forms appendix 2: starting up types of procedures © Doctor Krzysztof Wach - Kraków 2010 a couple of

Poland -- Economic facts

Part 1

Investment Local climate in Biskupiec, poland

Area: Populace: Currency:

312 000 sq km – 6th inside the EU (68th) 38. 12 million – 6th in the EU (34th)

Polish Zloty, PLN (EUR 1 ~ PLN several. 90, USD 1 ~ PLN 2 . 85) los angeles. 18 1000 USD 6th. 7% (2007) 5. 0% (2008) 1 . 7% (2009) 2 . 6% (2010 - EC forecast, Feb 2010)

GDP every capita: GROSS DOMESTIC PRODUCT growth:

Major Cities of Poland:

Warszawa (Warsaw) 1 . 7 mln inhabitants Kraków (Cracow) zero. 75 mln inhabitants Łódź 0. 74 mln residents Wrocław (Breslau) 0. 63 mln residents

Strategic site between Western world and East

1000 kilometres radius two hundred and fifty mn people

• situated in the cardiovascular system of continental Europe

2150 km radius 550 mn people

Poznań (Posen) 0. 55 mln inhabitants Gdańsk (Danzig) 0. 45 mln inhabitants © Dr Krzysztof Wach - Kraków 2010 5

• the part of the only market of 500 , 000, 000 • the springboard for the East • population of 250 , 000, 000 within a multitude of km radius • competitive cost foundation offers significant location benefits

1

Gloss Membership in International Agencies

Stable Politics Environment and Fast Financial Growth

As EU accession unemployment dropped from above 20% to less than 10% over twenty percent

GDP (bn USD)

Especially joins the EU Entrance into the NATO OECD WTO Beginning of transformation

Schengen

20

five-hundred 400 300 200 75 0

07/2008 9, 3%

10

Career rate grew since 2004 by simply over 5% up to 56, 4%

0 2002

20 04 twenty 05 20 06 twenty 07 5. 20 08 *

the year 2003

2004

2005

2006

2007

2008

nineteen 89 nineteen 90

nineteen 91 19 92 19 93

19 94 19 95 19 96

19 97 nineteen 98 nineteen 99 twenty 00

20 01 twenty 02 20 03

Supply: Central Statistical Office 2008 Source: Foreign Monetary Located, World Monetary Outlook Data source, 2007

Labor cost in Poland and OECD countries (PPP tweaked, in hundreds USD) seventy United States 60 United Kingdom 60

Poland presents 20 million entrepreneurial and multilingual young adults • 87% of pupils can communicate in a foreign language • 50 percent of the population is less than 35 years old, 35% under twenty-five • a nationwide network of 448 universities and polytechnics Percentage of human population in advanced schooling in the 20-29 age group 30 26, six

Germany Euro area

Volume of students in selected countries in 2006/2007 (in thou. ) Especially 2118 1804 738 436 336 195 186 181 130 68

40

twenty four, 9

twenty-two, 3 twenty two 3

22, 2 22 2

19, 3

The country

16, 6

30 Czech Republic twenty Slovak Republic 10 Mexico 0 2150 2001 2002 2003 2005 2005 06\ Hungary

13, 2

Romania Hungary Czech Republic Lithuania

nd

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la

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Belgium

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Ireland in europe Slovakia Latvia Estonia

sumado a

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Resource: EIU, Eurostat

Source: OECD, 2006

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Taxation

income tax

juristic people

CIT: 19%

natural individuals & people without legal entity

VAT standard: 22% reduced: 7%, 3% export: 0%

HOLE: 18% and 32% or 19% (flat rate)

© Dr Krzysztof Wach - Kraków 2010

11

© Dr Krzysztof Wach - Kraków 2010

12

two

Where in the EU will there be the highest company tax (2009)?

EU-27 EU-15 EU-12 Fanghiglia Belgium Italy Luxembourg* Italy UK Germany* Sweden Italia Portugal* Finland Netherlands Austria Denmark Portugal Slovenia** Hungary* Estonia*** Czech Republic POLAND Slovakia Romania Lithuania Latvia Ireland Bulgaria Cyprus 0 10

twenty-three, 4 27, 2 16, 8 thirty-five 33, 99 33, 33 30, 38 30 30 29, almost 8 28 28, 5 twenty six, 5 26 25, five 25 twenty-five 25 twenty-two 21, twenty eight 21 twenty-one 19 nineteen 16 15 15 doze, 5 12 10 twenty 30 forty

Investment...