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Companies and individuals who are not residents of Poland are taxed according to the same rules as residents of Poland. Legal entities that are engaged in activities in Poland or receive income must obtain a tax identification number (NIP) and register with the tax service. Among the main taxes in Poland, the value added tax (VAT) should be noted to a large extent.

Virtually all goods, works or services in Poland are subject to value added tax (VAT). Depending on the type of goods or services, the tax rates may differ:

• The basic VAT rate is 23%, but a reduction to 22% is possible from next year, which is currently being considered by the Polish legislator.

• The 8% rate applies to pharmaceutical and medical products, passenger transportation, temporary accommodation services and housing construction, among others.

• The 5% rate applies to goods such as bread, meat, dairy products, books and periodicals.

There is also a zero VAT rate that applies to the purchase and delivery of goods from EU countries to Poland.

In order to become a VAT payer, it is necessary to submit an application to the tax service, which is a free procedure. There is also a procedure for obtaining the status of a VAT payer within the EU (VAT UE), which has a similar procedure.

Every month by the 25th, the taxpayer is obliged to submit a declaration on the amount of VAT. Payment of VAT for the current month is made by the 25th of the following month.

An important place is occupied by corporate income tax (CIT). The tax base is the positive difference between the company's income and expenses for the reporting period, and the tax rate is 19%.

The corporate income tax return (CIT) is submitted once a year at the end of the year. Advance payment of tax can be independently determined every month and paid.

It is important to remember personal income tax (PIT), which is mandatory for everyone who receives income in Poland (for wages based on labor or civil law contracts, as a result of individual entrepreneurial activities, etc.).

Important! Anyone who intends to do business in Poland must pay basic taxes, which include those mentioned above. In this context, it is very important to have the support of an accounting specialist to be sure that the tax returns and reports are correctly completed and submitted.

The agreement on meeting the requirements of the mortgage holder is a separate agreement from the mortgage agreement, which must be notarized. Also, the notarized consent of the spouse of the person to whom the property is mortgaged must be given for its conclusion, if the subject of these contracts is joint property.

The property trust management agreement (trust) is concluded in a simple written form, with the exception of the case of transfer of real estate to trust management. Failure to comply with the form of the trust management agreement leads to the recognition of such an agreement as null and void. In this case, the document will not have legal force.

A property management agreement is a special agreement characterized by: a high degree of trust, which is reflected in the subject of the agreement, the granting of excessive powers, as well as increased requirements for the responsibility of the manager and the grounds for terminating the agreement.

A trust agreement usually takes the form of a contract. The contract must clearly state the grounds for transferring ownership to the trustee. This is usually done to preserve or protect assets.

In the main part, the purpose of starting the trust, complete information about the assets involved in this trust and the conditions for its termination are determined.

The trust agreement is drawn up taking into account a number of requirements. The structure of the contract is built according to the following principle:

1. name of the contract;

2. names of the parties;

3. preamble (indicates the purposes of creating a trust, determines which property is transferred to management);

4. confirmation of the fact of transfer of property to management;

5. consent of the trust manager to perform actions related to the management of this trust;

6. trust conditions, including income distribution conditions;

7. declaration of the trust (confirmation of the trust manager to carry out management on the terms prescribed in the agreement);

8. powers and duties of the trustee;

9. powers and duties of the founder;

10. powers and duties of the protector (if available);

11. term of trust;

12. signatures of the parties.

In addition to the listed sections, the trust agreement may include other provisions, if there is a need for them.