The following Commercial guidance note Produced in partnership with Wardynski & Partners provides comprehensive and up to date legal information covering:
Updated September 2019
Poland continues to be a strong economy regardless of the uncertain political climate (including the government’s policy to increase domestic ownership in banks and large enterprises and a policy to restrict foreign ownership of the media is under discussion), not only in Poland but throughout Europe. In the short time from its transformation from a socialist economy, the country has grown to become the strongest market in the Central and Eastern European region and one of the fastest growing ones in Europe. The GDP in 2017 reached 4.8% and exceeded 5% in 2018 as domestic demand accelerated and investment recovered on the back of growing business confidence. The prognosis for 2019 remains strong at 4%. Unemployment is below 4%, while shared prosperity indicators continue to improve. According to the World Bank, the three main challenges ahead for Poland are a shortage of labour in the economy, procyclical government policies encouraged by the political calendar, and adverse global factors.
Polish commercial law offers several different options for conducting business in Poland. The legal options described in this guide serve to present the most popular possibilities and should not be considered as exhaustive. Specific advice should be sought before setting up and running a business in Poland.
Poland’s legislative power is vested in both the
**excludes LexisPSL Practice Compliance, Practice Management and Risk and Compliance. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
Take a free trial
0330 161 1234