Why investing in Poland?
Poland is the best gateway to the internationalization of your business in Eastern Europe and, by extension, in its entire Geo-economic area of influence. This country represents an economic opportunity market of 38 million consumers, with an economic projection of growth and a demand for domestic consumption in a continuous rising.
Poland is also the best gateway for trading in a potential market of 180 million consumers, comprising the emerging countries of Eastern Europe (Czech Republic, Hungary or Romania), the Baltic States (Lithuania, Latvia and Estonia) and many others (Belarus, Ukraine, Russia) and distributed on a geostrategic map that includes Central Asia (Kazakhstan, Georgia, Armenia or Azerbaijan).
Poland is also the best gateway for trading in a potential market of 180 million consumers, comprising the emerging countries of Eastern Europe (Czech Republic, Hungary or Romania), the Baltic States (Lithuania, Latvia and Estonia) and many others (Belarus, Ukraine, Russia) and distributed on a geostrategic map that includes Central Asia (Kazakhstan, Georgia, Armenia or Azerbaijan).
What does Poland offer?
Favored by its proximity to the Central European and Scandinavian markets, production in Poland is 30% cheaper in terms of distribution and logistics.
Besides its geostrategic location, Poland is also favored by its high capacity of qualified training for the industrial activity:
Poland is a country with productive and formative tradition, which guarantees a highly qualified and competitive workforce and engineering in terms of performance and cost efficiency, as well as high-quality manufacturing and finishing.
Likewise, Poland also represents a great economic opportunity in terms of providing funds and financial support for the creation of business opportunities and the development of projects that still require sponsors, including the participation of social actors to cover their investment.
Framework for doing business:
Its economy excels in several sectors: Poland is the biggest manufacturer of trailers, semi-trailers, buses and special vehicles, as well as the main European manufacturer of electronic products.
Poland has also become the European leader in Business Process Outsourcing (BPO). International companies are committed to setting up their offices here, encouraged by the good prospects in terms of economic growth and the Polish institutional and financial stability.
In addition to the good prospects and their eagerness based on their competitive advantage, Poland adds in its favor a privileged position since 2014 that boasts the country as the first recipient of European Union funds.
The best estimates determine an investment upper to 85.000 million euros, which are articulated through 22 programs (16 internationals and 6 nationals) with the purpose of stimulating Foreign Direct Investment (FDI) in strategic sectors for the development of its industry, the growth of its business fabric or the modernization of its infrastructures.
Economic promotion for its development:
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The possibilities for development have multiplied in key sectors, such as energy market. According to the International Energy Agency (IEA), Poland will have to invest 195 billion euros in the sector before 2030. And by 2020 alone, the construction of new plants and electricity grids will now exceed 9.400 million euros.
14 Special Economic Zones (SEZ) have been created to stimulate foreign investment throughout the country simultaneously, with fiscal incentives ranging from 30 to 50% of the investment costs or labor costs of the project and up to two years of bonification. The companies will also be exempt from paying the Real Estate Tax (RET) in the most disadvantaged districts (gminas). |
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Investments upper to 100.000 € could be also exempted from paying the Corporate Income Tax (CIT) depending on the requirements that are inquired for the investment.
In 2017 alone, foreign investment amounted to 86 billion euros, being Germany the largest investor, with almost 25 billion invested, hoarding about 30% of its exports and generating a first-time record volume in its balance of imports and exports above 350 billion euros in terms of annual economic performance.
In 2017 alone, foreign investment amounted to 86 billion euros, being Germany the largest investor, with almost 25 billion invested, hoarding about 30% of its exports and generating a first-time record volume in its balance of imports and exports above 350 billion euros in terms of annual economic performance.