Poland: Domestic Taxation
The headline corporate income tax rate in Poland is 19%.
Various incentives are available for businesses which choose to locate in the 14 Special Economic Zones, which are located in Kamiennogorska, Katowice, Kostrzyn, Krakow, Legnica, Lodz, Mielec, Olsztyn, Slupsk, Sopot, Starachowice, Suwalki, Tarnobrzeg, and Walbzrych.
The main incentives provided under the 1994 the Law on Special Economic Zones include:
- Full relief from income tax during a period equal to half of the period for which the zone has been created;
- 50% income tax relief during the second half of the zone's operating period;
- A simplified procedure for selling property; and
- A 10-year exemption from real estate tax as well as from VAT liability only for goods manufactured within the zone and then sold on the domestic market.
A permit must be obtained from the Ministry of the Economy to conduct business activities in an SEZ, and various other requirements must be met.