A zone for micro, small and medium-sized enterprises

The Polish government introduced the so-called Polish Investment Zone (PIZ). This program is an extension of Special Economic Zones - tax reliefs are available for investments in any location in Poland. All of Poland has become one economic zone.

General information
A zone for micro, small and medium-sized enterprises
The most important changes in the functioning of Special Economic Zones
Who can benefit from the Polish Investment Zone?
Benefits
Criteria for obtaining public aid
Doubts

Before the adoption of the law, many domestic SMEs were convinced that operating within the zone was not available to them. The introduction of the Polish Investment Zone has shown that zone privileges are within the reach of this group of entrepreneurs, and obtaining zone benefits has become much easier. Importantly, thanks to the new law, entrepreneurs no longer have to focus their investments in specific parts of Poland, but can choose the location they consider the most advantageous from the point of view of their business. Due to the reduction of the required investment outlays, zone privileges are becoming more and more attractive for small and medium-sized enterprises. The simplification of the regulations meant that more and more domestic enterprises are starting to use the zones offer. About 90% of decisions issued under the new regulation went to Polish companies, more than half of which are small and medium-sized enterprises. By operating within the Polish Investment Zone, they create new jobs, develop their product offer, and in return do not pay PIT or CIT income tax.

(source: https://www.gov.pl/web/rozwoj-praca-technologia/polska-strefa-inwestycji, source: Polska Strefa Inwestycji, publication by PAiH, Poland 2019)

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Agnieszka  Chamera
Agnieszka Chamera
Managing Partner of PKF Tax&Legal
Tax Advisor
+48 609 331 330

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