Stay compliant and prevent penalties
Reporting and compliance duties that impact corporations have a strict regulatory framework under Polish law, particularly the Accounting Act and the Code of Commercial Companies.
The Accounting Act lays down the rules of keeping the accounts and preparing financial statements, while the Code of Commercial Companies sets forth duties of Management in areas of approval and publication of financial statements.
Corporations, limited liability partnerships and other legal entities also have reporting duties set out in the Corporate Income Tax Act (CIT Act).
Download our free practical guide that EY experts have prepared to help companies in Poland navigate reporting and tax compliance duties. Understanding a company’s obligations is crucial to ensuring compliance and avoiding penalties that might pose a threat to business continuity.