Poland: Proposals for new special economic zones | KPMG | GLOBAL

Poland: Proposals for new special economic zones; enhanced tax benefits

Poland: Proposals for new special economic zones

A new system of special economic zones has been proposed to apply from the first quarter of 2018, and without an expiration date (unlike the current system of zones). The proposal is subject to legislative approval.

1000

Related content

Under the proposed new system, an exemption from income tax would be available throughout Poland—not just in the special economic zones (as under the current system). The income tax exemption would apply for a period of 10 years or 15 years (the number of years being based on the support in a given region). Also, the investors would be allowed to select the location of the investment and would not be limited to areas that already have special zone status.

To be eligible, there are certain criteria that would have to be satisfied—such as the amount of the investment expenditure based on the rate of unemployment and the size of the enterprise, and activities that require staff with specialized education or having scientific or research and development (R&D) purposes.

 

Read a September 2017 report [PDF 504 KB] prepared by the KPMG member firm in Poland

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Request for proposal

 

Submit