Premiere of the Made in Poland Report 2024

Poland is a key market for the development of the manufacturing industry, which is why once again, in cooperation with JLL, Hays and the Polish Investment and Trade Agency (PAIH), ALTO co-authored the report Made in Poland.

The Made in Poland report focuses on the industrial manufacturing sector.

Aspects of the business environment, labor market, legal and tax regulations were analyzed. In addition, grant opportunities and the benefits of public support programs were discussed. Trends in the real estate market were also presented, along with diversified acquisition and rental options.

The Made in Poland report describes the business benefits of Poland’s strategic geographic location in Europe. As a key node of the European transport network, Poland is steadily improving its roads and railroads, enabling connections to most European capitals. It is worth noting that in 2023, the combined throughput of Europe’s fifteen largest container ports reached 79.7 million TEUs (from January to September), with the port of Gdańsk accounting for 3% of this result. Poland also has the opportunity to benefit from the “New Silk Road” initiative, which connects Europe to China via a rail network, creating an opportunity to strengthen its role as a key distribution center for manufacturers from China and other Asian countries.

What kind of support investors can count on in Poland?

In 2023, Poland reached its highest-ever level of foreign investment, of which EUR 7.4 billion came from investments carried out with the professional support of the Polish Investment and Trade Agency.

Manufacturers investing in Poland have access to various forms of financial support from both domestic and European Union funds. These opportunities include attractive government grants and financing for low-carbon projects, EU co-financed programs, as well as tax breaks and exemptions dedicated to specific sectors.

Poland’s “Constitution for Business,” the regulations governing the management of businesses, creates a favorable environment for businessmen. The recent focus has been on compliance with EU law, digitization of legal acts and judicial processes. In addition, significant progress has been made in the area of e-administration. Poland’s tax system is being developed based on international standards, including OECD guidelines, and is characterized by dynamic digitization and standardized reporting, such as e-invoicing and SAF-T reporting. In addition, local tax law offers various incentives for innovators, and Poland has become one of the world leaders in the effective use of R&D tax credits.

„In recent years the government has had a great focus on digitalization and automation of tax compliance. This obviously brings some challenges for companies, but also gives more efficiency and value to their business in the long run” says Tobiasz Dolny, Partner & Tax Advisor, ALTO.

The premiere of the report took place on May 23rd, 2024 at the Press Center of the Polish Investment and Trade Agency. For those absent or willing to experience it again, we are publishing the recording below.

You can download the report here madeinpoland.report

Źródło: madeinpoland.report