6 years of Business
Reforms in Poland
Tommasini & Martinelli
!
source: www.doingbusiness.org
2014
Starting a Business: Poland
made starting a business easier
by eliminating the requirement to
register the new compan...
2013
Registering Property: Poland made property
registration faster by introducing a new
caseload management system for th...
2012
Trading Across Borders:
Poland made trading across
borders faster by implementing
electronic preparation and
submissi...
2011
Employing Workers:
Poland reduced the maximum
duration of fixed-term contracts 

!
Registering Property:
Poland eased ...
2010
Starting a Business: Poland simplified
business start up by reducing the required
amount of minimum capital from PLN 5...
2009
Resolving Insolvency:
Poland introduced the Law on
Trustee Licensing tightening
professional requirements for
adminis...
2008
Registering Property: Poland
made registering property
cheaper by changing the fee
scheme from a variable rate to a
fi...
This document gives general
information only and is not
intended to give a comprehensive
analysis
!
Legal or other profess...
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6 years of reform for doing business in Poland

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The doing business reform path in Poland, during the last 6 years

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6 years of reform for doing business in Poland

  1. 1. 6 years of Business Reforms in Poland Tommasini & Martinelli ! source: www.doingbusiness.org
  2. 2. 2014 Starting a Business: Poland made starting a business easier by eliminating the requirement to register the new company at the National Labor Inspectorate and the National Sanitary Inspectorate ! Dealing with Construction Permits: Poland made dealing with construction permits easier by eliminating the requirement to obtain a description of the geotechnical documentation of the land
  3. 3. 2013 Registering Property: Poland made property registration faster by introducing a new caseload management system for the land and mortgage registries and by continuing to digitize the records of the registries ! Paying Taxes: Poland made paying taxes easier for companies by promoting the use of electronic filing and payment systems— though it also made paying taxes more costly by increasing social security contributions ! Enforcing Contracts: Poland made enforcing contracts easier by amending the civil procedure code and appointing more judges to commercial courts ! Resolving Insolvency: Poland strengthened its insolvency process by updating guidelines on the information and documents that need to be included in the bankruptcy petition and by granting secured creditors the right to take over claims encumbered with financial pledges in case of liquidation
  4. 4. 2012 Trading Across Borders: Poland made trading across borders faster by implementing electronic preparation and submission of customs documents ! Resolving Insolvency: Poland amended its bankruptcy and reorganization law to simplify court procedures and extend more rights to secured creditors
  5. 5. 2011 Employing Workers: Poland reduced the maximum duration of fixed-term contracts ! Registering Property: Poland eased property registration by computerizing its land registry
  6. 6. 2010 Starting a Business: Poland simplified business start up by reducing the required amount of minimum capital from PLN 50,000 to 5,000, and the National Court Register now consolidates the applications for registration, Tax, Social Security, and Statistics ! Getting Credit: Poland improved its credit information system by collecting and distributing information on firms. In addition, Poland improved access to credit with an amendment to the 1996 Act on Registered Pledges and the Pledges Register to allow all legal persons including foreign entities to have capacity as a pledgee ! Paying Taxes: Poland eased the tax burden on business by decreasing its social security rates, as well as simplifying its VAT law ! Resolving Insolvency: Poland eased the process of dealing with distressed companies with an amendment to its bankruptcy law introducing an option of opening a pre- bankruptcy reorganization procedure that applies to companies that are facing financial difficulties instead of bankruptcy proceedings
  7. 7. 2009 Resolving Insolvency: Poland introduced the Law on Trustee Licensing tightening professional requirements for administrators. A trustee’s license now requires an examination in economics, law, finance and management. The reform also limits trustees’ pay to 3% of the bankrupt estate’s value, down from 5%
  8. 8. 2008 Registering Property: Poland made registering property cheaper by changing the fee scheme from a variable rate to a fixed fee schedule ! Enforcing Contracts: Poland made enforcing contracts easier by making rules of procedure stricter
  9. 9. This document gives general information only and is not intended to give a comprehensive analysis ! Legal or other professional advice, should be obtained in specific circumstances Tommasini & Martinelli ! tommasini@tommasinimartinelli.it www.tommasinimartinelli.it ! http://it.linkedin.com/in/ giacintotommasini/

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