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Check our newest soultions in the scope of property tax, family foundations, R&D tax relief, B2B contracts and many more!  

Check our newest soultions in the scope of property tax, family foundations, R&D tax relief, B2B contracts and many more!  

Premiere of the Made in Poland Report 2024

Premiere of the Made in Poland Report 2024

Poland: A Prime Destination for Businesses Aiming to Contribute to Ukraine’s Recovery

Poland: A Prime Destination for Businesses Aiming to Contribute to Ukraine’s Recovery

ESG at ALTO – Ewa Solarz will head a new business line

ESG at ALTO – Ewa Solarz will head a new business line

Dagmara Witt-Kuczyńska – the new Leader for Accounting and HR & Payroll services at ALTO

At the beginning of April Dagmara Witt-Kuczyńska joined ALTO as a Managing Director and will be responsible for operations and the development of the accounting and HR & payroll outsourcing service line. Dagmara strengthens ALTO’s management team at a key moment of strong growth of the company’s portfolio of foreign investors (e.g. from the real estate and RES sectors) and the development of a “smart BPO” service model dedicated to these entities, which allows for the provision of a combined package of services from all ALTO Group business lines (i.e. accounting, HR & payroll, tax advisory, legal and technology in finance).

I am happy that Dagmara, by choosing ALTO, believed in our company and the direction we intend to go as a Group. It is a sign to me that we are a viable competitor to the biggest: both as an employer and as a provider of professional services. Dagmara joins us at the most exciting time, when we are observing tremendous technological advances driving almost all business sectors, with the consequent rise in expectations from global investors and an emphasis on high performance and quality back office processes. I am convinced that a person with the kind of business experience that Dagmara has is the best choice to follow the technological progress to an even higher level of development in the area of professional services outsourcing and, consequently, to support our clients in increasingly complex processes. Dagmara has the full trust and support of the entire ALTO team, and we – already today – are confident that a person with the right values and competences as a Team and Service Line Leader is coming on board – comments Paweł Fałkowski, Co-founder and Managing Partner of the Accounting Outsourcing and HR & Payroll practice at ALTO.

The acquisition of Dagmara and her valuable managerial experience in companies from the consulting and BPO providers sector is one of the elements of ALTO’s development strategy, which, in the long run, will allow us to effectively achieve the set business goals and be even more competitive on this market – adds Paweł.

In her new role, Dagmara Witt-Kuczyńska will also be responsible for the implementation of internal solutions aimed at optimising the service delivery model and its development towards global trends in this market (automation, high level of data protection, development of back-office specialists and tools enabling the delivery of outsourcing services remotely).

– I am close to both ALTO’s values and the long-term vision for the organisation’s development. Today’s business is undergoing a huge technological transformation, while at the same time there is a growing awareness in the area of sustainability. Customers are increasingly interested in what values a company represents, what reputation it has in the market and whether it treats them as its business partners or rather sees them as just ‘another source of revenue’. I make no secret of the fact that the operating model and the way ALTO is perceived in the market were important from the perspective of my decision to join the team. I am also looking forward to leading such a dynamic and competent team. I believe that our cooperation will be a field for growth for all of us and together we will be strong both externally and internally. We cannot forget how important relationships and mutual trust are – I think that together we will be able to build a space where everyone will feel comfortable and is able to develop their talents – this is how Dagmara Witt-Kuczyńska comments on her joining.

***

Dagmara is an expert with over 17 years of experience in major international companies operating in the accounting industry, having recently managed a global team dedicated to serving multinational corporations, operating in over 80 countries around the world. Previously, she has been responsible for the development of accounting in the CEE area and, prior to that, for managing the firm’s Polish practice. At the same time, she implemented a number of internal projects focused on organic and external growth, setting up or optimising processes and improving operational efficiency and quality.

She was also part of an international group of experts working on accounting process optimisation projects, including accounting book closing. Since the beginning of her career, she has held positions in global companies. In its early stages, she focused on specialised, substantive advisory work at one of the so-called ‘Big Four’ companies, where she was responsible for, among other things, auditing the financial statements of companies listed on the WSE, mainly in the fuel and energy, real estate, media, telecommunications and IT sectors. She also advised in the area of complex business transactions.

Dagmara is an author of articles and commentaries in industry media on trends in the outsourcing sector. She is also the winner of the 2019 Business Tigers award granted by Pro Progressio for those who make a significant impact on the development of the modern business services sector.

She graduated from the Warsaw School of Economics. She is a chartered accountant and a member of the prestigious ACCA organisation.

 

ALTO honoured by the Forbes magazine in 3 categories

We are delighted to learn of yet another success of ALTO, which has found itself among the best law firms in Poland!

The April issue of Forbes magazine once again published a ranking of the best Polish firms. We were recognised in as many as 3 categories:

  • Tax
  • Corporate law
  • Capital markets

The ranking was compiled on the basis of recommendations from more than 1,500 legal professionals.

We would like to thank you for all the recommendations received and congratulate the other awardees, as well as our ALTOteam, on another success!

 

Distinctions in the Firms and Tax Advisors Ranking of Dziennik Gazeta Prawna

We consider the ranking season officially opened. Therefore, we are very pleased to inform you that – for another consecutive year – the XVII Ranking of Firms and Tax Advisors of Dziennik Gazeta Prawna resulted in successes not only for individuals, but also for the entire ALTO. As it is known that behind every success in business there is a good team, thanks to which you can grow stronger, the distinctions of individual advisors please us no less than those for the whole company.

This year ALTO was among the best companies in two categories:

  • tax projects,
  • tax disputes.

In turn, among the best tax advisors were:

  • Dominik Niewadzi, Manager & Tax Advisor – in the category: disputes before courts
  • Piotr Szeliga, Manager, Tax Advisor, Attorney-at-law – in the category: transfer pricing.

We would like to congratulate our distinguished experts and the entire TAX team, in particular the Tax Litigation and Transfer Pricing teams. At the same time, we would like to thank our clients for their trust and continued presence.

ALTO joins the Polish Wind Energy Association

ALTO has joined the Polish Wind Energy Association.

PWEA is a non-governmental organisation that has been active since 1999. Its mission is to support and promote the development of wind energy through the combined activity of its members. Its aim is to create favourable conditions for investment in wind energy in Poland and to systematically increase the use of wind energy as a clean source of electricity generation.

ALTO, with its presence in PWEA, will support and spread these ideas, as well as assist the association in developing effective strategies and taking initiatives to combat barriers to wind energy development.

Our ambassadors for the association will be Przemysław Gut and Agata Małecka, for whom we are keeping our fingers firmly crossed, wishing them only favourable winds.

ALTO advises JR HOLDING on its investment in NOXO Energy

ALTO advised JR Holding ASI S.A. (“JR Holding”) on its equity investment in NOXO Energy sp. z o.o. (“Noxo”) – an operator of an electric car charging network.

JR HOLDING is a company listed on NewConnect since November 2012, investing in key industries of the future, i.e. digital business, renewable energy or the space industry.

The investment in NOXO Energy is another project for us in the renewable energy sector. It is one of our priority industries. After completing the investment in Columbus Energy, we are reinvesting the profits in ventures that we believe will grow rapidly. We already have in our portfolio a manufacturer of innovative heat pumps, the companies IGLOO and MILOO ELECTRONICS, the energy storage company LaserTec or the breakthrough battery manufacturer The Batteries. NOXO joins this portfolio and I am convinced that it will provide us with the expected return on invested capital in the future – declares January Ciszewski, investor and CEO of JR Holding” – states JR Holding in an official announcement.

NOXO is one of the fastest growing operators of charging stations in Poland, with more than 250 localisations. The network of stations covers, among others, tourist attractions, four- and five-star hotels, amusement parks, golf courses as well as shopping malls.

ALTO provided legal services for the transaction, in particular support in the preparation and negotiation of the transaction documentation. In addition, the team conducted tax due diligence and advised on negotiating the tax aspects of the investment agreement.

The team of ALTO lawyers was led by Rafał Kozłowski (Counsel & Attorney-at-law, Head of M&A/VC) and supported by Jędrzej Besztak (Associate), Szymon Tyniec (Associate & Advocate), Aleksandra Traczuk (Junior Associate) and Ewa Michalska (Junior Associate).

The tax aspects of the transaction were supervised by Daniel Banach (Partner & Tax Advisor) with the help of Mariusz Miśkiewicz (Senior Consultant).

 

ALTO nominated in the Invest Cuffs 2023 contest – Silver Laurel

We are pleased to announce that ALTO has been nominated in the annual investment industry competition Invest Cuffs 2023 in the category “Law Firm 2022”.

The competition is organised as part of the annual meeting Invest Cuffs 2023, which brings together the investment industry. It is also one of the largest events of its kind in Europe and attracts numerous  experts, representatives of the most important players in the industry, institutional and retail clients every year.

The firms that made it to the list of nominees were selected from candidates proposed by the investment community or the members of the competition’s Jury themselves. This is also why this is such positive news for us – we are very pleased that we are being noticed and appreciated for our work so far.

Importantly, after the stage of selection of nominees by the Jury, came the stage of voting by Internet users – the final success will therefore be determined by the number of votes cast online for the nominees.

In addition to the “Law Firm 2022” category, winners can also be selected in 21 other categories related to the investment industry. However, this is not necessary to cast an effective vote.

 

All those who believe that voting for us is worthwhile are encouraged to participate here>> (the voting takes place in Polish)

Voting continues until 6 March.

 

UPDATE: 

Success! We now know the results of the competition: ALTO has received the Silver Laurel.

The honours were awarded on the basis of a vote by the investment community, which cast a total of 120,000 votes this year.

We would like to thank you for all the votes received and congratulate the other award winners and our ALTOteam on another success!

ALTO becomes a partner of SoDA

ALTO has joined the ranks of partners of SoDA (Software Development Association Poland) – a dynamically developing organisation that brings together Polish service and product companies that develop contract software and provide a wide range of outsourced IT services to clients around the world.

SoDA’s mission is the integration of the Polish IT industry and its representation, as well as acting for its development.

In its activities SoDA is an organiser of trainings and events for professionals and managers, enabling free networking and exchange of experience.

It is the voice of the Polish IT industry and has a real impact on it, e.g. through numerous initiatives of the Public Advocacy Committee.

As a supporting member, ALTO will carry out ongoing legislative monitoring along with preparation of explanatory comments, positions, opinions and demands related to the organisation’s current activities.

We will participate in meetings with Ministries and other public institutions and support SoDA in the public consultation process related to emerging legislative changes. This will translate into real support in the process of commenting on legislative acts that directly affect the IT sector.

 

We know that successful cooperation awaits us!

More information about SoDA here>>

ALTO Insurance Team – tax and legal support for the insurance industry

The Polish insurance market is constantly evolving through, among other things, the introduction of new products, distribution channels and increased investment in innovation. Although there has been no shortage of crises of various origins in recent years, the market is quite resistant to turbulence. In running their business in a stable and secure manner, companies in the insurance market are supported by professional tax and legal advisory entities such as ALTO.

At ALTO, we are familiar with the specifics of the insurance industry and the regulations relevant to it. Based on our many years of experience, we have developed a dedicated multidisciplinary team, the Insurance Tax Team, which supports insurance companies on a daily basis in all tax-related matters.

The leader of the Insurance Tax Team at ALTO is Aleksandra Bońkowska (Partner & Tax Advisor), who has nearly 20 years of experience in tax advice to insurance companies, including financial audits.

Our knowledge of the specifics of the market and our insight into the topics that arise on an ongoing basis in the insurance sector allows us to support companies and find appropriate solutions in an extremely difficult regulatory environment” says Aleksandra Bońkowska.

The Insurance Tax Team consists of several substantive teams:

General Insurance – which, with regard to the day-to-day activities of industry players, advises on corporate taxes (CIT and VAT), in the area of Personal Income Tax (PIT) for employees and insurance agents cooperating with the companies, or PIT on protection and investment products. We provide advice on MDR, payment congestion and help implement solutions for new tax obligations.

Litigation Insurance. As part of this team, we provide representation and assistance in a wide-range of tax proceedings. The ALTO Litigation Team has a track record of numerous successes in proceedings including asset tax.

Insurance Premium Tax. With regard to global operations, our team provides comprehensive and ongoing support, including coordination of settlements in individual countries where Insurance Premium Tax (IPT) applies

Transfer Pricing. Comprehensive support for obligations related to the area of transfer pricing in insurance companies.

B+R Team. Advising on tax reliefs (e.g. R&D relief, innovative employee relief, 50% of tax-deductible costs), their implementation and efficiency audits.

Tax Tech Team. It provides automation of tax processes. It also deals with KSeF (national system of electronic invoices) implementations, which are already occupying a significant place on clients’ project agenda.

ALTO’s multidisciplinary Insurance Tax Team also provides support for various types of transactions, mergers and acquisitions, as well as consolidations from both the tax and legal side.

We share our expert knowledge not only directly with clients, but also in the press and on websites: we comment on the latest legal developments, judgments and interpretations of tax authorities. Articles and opinions of our experts are published in the insurance and legal press.

 

 

ALTO becomes a partner of the Issuer Academy

We are pleased to announce that ALTO has become a partner of the Issuer Academy, which will take place on 24 March in Krakow, Q Hotel. The Academy is an event accompanying the INVEST CUFFS 2023 conference, which is an annual meeting bringing together the investment market industry.

Participation in the event is a unique opportunity to broaden your knowledge of capital markets, especially when it comes to effective business financing with the use of diverse sources. During the Academy, numerous experts will share their experience with participants and their lectures will be crowned with a practical workshop.

 

The day full of lectures will start with two of our ALTO experts:

  • 9:00 – Tomasz Jabłoński, Counsel & Attorney-at-law – Do it legally. What you need to know when raising capital and how to structure relationships with investors.
  • 10:50 – Dr Joanna Róg Dyrda, Counsel & Attorney-at-law – Legal marketing in the financial market.

 

Other topics discussed during the event will include good market practices, communication and investor relations or crowdfounding and crowdlending success stories.

We encorage you to join!  You can find out more about the event here (information in Polish) >>

 

CEE Reatil Awards nomination

ALTO was nominated for the CEE Retail Awards in the Tax & Financial Adviser category. This is a great honor for us – we also congratulate all other nominated companies.

CEE Retail Awards is an event dedicated to the retail industry. It is the most important award ceremony in the region and, at the same time, an indicator of success. Companies related to the retail industry in various ways, as well as those originating from it, compete for awards in over thirty categories. The competition is organized by EuropaProperty.com.

The 15th annual CEE Retail Awards & Marketplace gala, during which the results and winners in each category will be announced, will take place on February 9, 2023 at the InterContinental Hotel in Warsaw.