Important now

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

Relocation to Poland – Guide for Ukrainian Businesses

We are now introducing the latest study ‘Relocation to Poland – Guide for Ukrainian Businesses’.

In this publication, prepared in cooperation with a Polish law firm Hasik Rheims & Partners and the Ukrainian law firm LCF Law Group, we have compiled the most important information for companies wishing to relocate their business from Ukraine to Poland. The report was produced in response to the large number of applications coming from there from entrepreneurs (including from the IT, consulting and retail sectors) considering relocating their business to Poland.

It provides information on the various options for Ukrainian companies to relocate to Poland. Our main focus is on the key tax and legal aspects of operating as a limited liability company, as well as presenting employee issues. The report also includes additional considerations when operating as a sole proprietorship.

The following ALTO experts were involved in the report: Aleksandra Bońkowska, Tomasz Fiałek and Urszula Brzezińska-Grzęda.

 

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Puls Biznesu: The war stopped acquisitions in the East

Companies and investors tend to transfer some of their capital from the East to Poland. But how the unrest in the region will affect the behavior of firms and investors in the long term?

 

The Polish Development Fund records many signals about the willingness to relocate factories or service centers to Poland. Our expert, Rafał Kozłowski (Counsel & Attorney-at-law), comments for Puls Biznesu on the current situation on the M&A market in the region and shares his assumptions about what we may expect in the near future regarding this industry:

 

“Even for Polish sellers who are not the most affected by these circumstances, I assume greater restraint from global buyers due to the proximity of the war. The cost of external financing of the transaction will also increase for local buyers. […] In the short term, transactions can be expected in cases where both sides are determined or the buyer seizes the opportunity. However, in the longer term, I assume greater activity on the M&A market in our region and further consolidation in many sectors. The security and stability gained through partnerships with major buyers can prove crucial in difficult times. […] The current situation, in particular the sanctions of Western countries, will most likely close the M&A market to foreign investments in Russia and Belarus. However, I would not expect a significant transfer of this money to Poland. These are geographically close markets, but at the same time they are very different. ”

 

The full text of the article is available on pb.pl.

ALTO experts among trainers of the ATCO course

The training is organized by the Compliance Institute, among others for employees of the Ministry of Finance (MF) and the National Tax Administration (KAS).

Once again Sylwia Kulczycka and Dominik Niewadzi will be trainers of the ATCO (Approved Tax Compliance Officer) course organized by the Institute of Compliance. During the class they will present a holistic approach to tax compliance management with focus on a practical introduction to compliance management and implementation of the Tax Compliance Management System (TCMS).

The concept of this workshop fully takes into account the requirements of global and national standards for tax compliance management, as well as the practice of using these solutions in Polish conditions. The training is dedicated for among others, employees of the Ministry of Finance (Ministry of Finance) and the National Revenue Administration (KAS) who take that class in preparation for the implementation of the Cooperation Program.

ATCO course consists of three intensive days of training under the watchful eye of the best industry experts

 

More information: instytutcompliance.pl/certyfikaty/atco

Sylwia Kulczycka becomes TAX Managing Partner at ALTO

Sylwia Kulczycka joined the group of TAX partners at ALTO in 2020. A year later, she joined the management board and became responsible for initiatives in the Team & People area.

“Sylwia has been with us for two years, and it seems like she has been with us for twenty. Her contribution to the development of TAX team, but also of the entire ALTO, cannot be overestimated. She contributed significantly to strengthening of the tax team, but also undertook and implemented key initiatives in the field of business development, new product development and promotion of the ALTO brand. Therefore, we are convinced that for each member of our team, Sylwia’s new role will be a fluid and natural change.”  – said Kamil Lewandowski, partner and founder of ALTO.

Sylwia’s taking over a management function in one of the three business lines is the next stage in the implementation of ALTO’s development and transformation strategy. Sylwia will be supported in her role by a group of TAX partners – Kamil Lewandowski, Paweł Fałkowski, Aleksandra Bońkowska and Daniel Banach.

“The success and growth of ALTO in recent years is primarily the result of teamwork, commitment and shared belief that we can jointly set new standards of work in the consulting market.” – says Sylwia Kulczycka.

ALTO team currently consists of 150 people working in three business lines, including 50 people in TAX. 2021 was another year in which ALTO saw dynamic growth. The company has also strengthened its position on the advisory market by joining the leaders of tax advisory companies’ rankings.

“In 2022, we plan to grow further the team and our business. This is another year in which the only thing we can be sure of is change. We and our clients face new challenges – apart from the pandemic, we are facing inflation and the chaos caused by the Polish Order. I am convinced that we will find ourselves well in the new reality. After all, development and change are in the DNA of our organization.” –  Sylwia Kulczycka concludes.

Sylwia Kulczycka is a tax advisor and member of ACCA. Prior to joining ALTO, she worked for the Dentons tax team for a decade and for Ernst & Young for 4 years before that. She specializes in tax consultancy for the Life Sciences, IT and professional services industries.