Law /
Setting up small business in Poland? [191]
Corporation Tax is never difficult if you keep your accounts updated properly - VAT tends to be the biggest headache and as I said, from what I have read it doesn't seem so bad at all.
The thing is - at least in Poland - anyone can put together the accounts. I could probably do it, and I haven't studied the stuff for years - but do you know about all the arcane rules and regulations that have no equal in our home countries? Poland is the land of obscure rules and regulations - do you want to find yourself in trouble months down the line because you forgot to pay stamp duty for something or other? Everyone in this country has stories of how they failed to do something for x reason and ended up having to run around trying to fix it later.
For instance - your first claim for the return of VAT owed to you will almost certainly trigger an inspection. How can you be certain prior to inspection that you've done everything right? Why is it that even my accountant (who has amazingly reasonable fees) won't touch sp z o.o accounts for less than 500zl+VAT a month when her fees for sole traders are significantly lower? Don't forget that a good accountant will keep you on the straight and narrow as regards documentation and all the pieces of paper required - not just calculating the taxes owed.
Perhaps this is where you're misunderstanding us - by accountant, Poles normally mean someone who takes responsibility for *all* the dealings with the tax office. The idea is that a good accountant in Poland should be able to stand your corner and make sure that whatever you're doing is fine tax-wise - it's not just someone who will hand you some accounts at the end of the year and say "right, see you next year".
One thing I am still trying to clarify whether an S.P.Z.O.O still has to pay ZUS if it has no employees - my understanding is that it doesn't.
Best to receive professional advice on that one.
The thing is that there's no such thing as "simple" where sp z o.o are involved. UK companies are ridiculously easy to administrate - but Polish companies have far more bureaucracy and red tape to navigate. For instance, do you know what happens when you liquidate a sp. z o.o and the court finds issues with the accounts?
Only a small question, but who will deal with the tax office on your behalf?