Poland Special Economic Zones

Poland Special Economic Zones

Healy Consultants optimizes our Clients trading business in Central Europe by incorporating their new business into one of Poland’s fourteen special economic zones (SEZ), where they benefit from generous tax holidays. Furthermore, the Poland Government distinguishes more than thirty Polish Industrial and Technology parks boasting multiple tax deductions for R&D expenses.

The Poland Special economic zones

Special zone company registration guides in Poland for foreigners

  • The Poland Special economic zones (SEZ) are developed areas boasting industrial, logistics, manufacturing and warehousing facilities to local and foreign entrepreneurs in Poland. SEZs are the best options for trading companies, thanks to i) great location to important transport centers and ii) their one-stop-shop industrial sites with modern physical and legal infrastructure;
  • Most notable Polish Special Economic Zones include: i) Katowice SEZ ii) Pomeranian SEZ iii) Krakow Technology Park SEZ;
  • These Poland free zones offer competitive advantages, including i) up to 55% corporate tax exemption ii) one-stop-shop solution for development sites and iii) assistance on obtaining public aid up to €9 million. Furthermore Kamienna Gora SEZ additionally offers i) up to 60% public aid on the investment and ii) free land for further development;
  • To qualify for approval for business activities in a Special Economic Zone, a business must comply with the Polish Act of 20 October 1994 on Special Economic Zones, including investment of at least €100,000. Healy Consultants will be happy to assist our Clients to i) determine the optimum SEZ in Poland for their business, due to their diversity ii) evaluate the eligibility of their project iii) draft a detailed business plan according to the Poland authority requirements and iv) register their company with the relevant free economic zone authority.

The Poland Industrial Technology Parks

  • Poland boast more than forty Industrial Technology Parks (ITPs) which concentrate businesses from one sector and support development of R&D facilities. Most important ITPs are: i) Bukowice Industrial Park; ii) Krakow Life Science Park; iii) Technopark Pomerania; and iv) Wroclaw Industrial Park;
  • The mission of all ITPs is to promote diverse sectors, including i) development of specific automotive activities; ii) R&D innovations in industry and iii) provision of conditions for cooperation between business and academic institutions.

Table of comparison between Poland special economic zones

Special zone comparisonPomeranian SEZOther SEZKrakow Life Science ParkOther ITPs
FTZs used mostly by which industry?Plastics and Metals ManufacturingManufactoring and LogisticsMedicine and InnovationScience and Innovation
Average annual warehousing space rent per 1000 sq. m.?€ 7,500€ 5,500 – €8,000€ 6,000€ 6,000
How long to set the company up?4 -6 weeks4 -6 weeks4 weeks4 weeks
Registration with which government agency?Pomeranian Management BoardFree Zone AuthorityIncubator AuthorityITP specific Authority
How long to open company bank account?4 -6 weeks4 -6 weeks4 -6 weeks4 -6 weeks
Quality of utilities?ExcellentGreatExcellentExcellent
Allowed to sign sales contracts with Poland Clients?YesYesYesYes
Allowed to invoice Poland Clients?YesYesYesYes
Agent required to conduct business outside of FTZs?NoNoNoNo
Benefits for operations outside of FTZs?NoNoNoNo
Corporate tax payable in Poland?NoNo23%23%
Corporate bank account options?Deutsche BankMillenium BankBPS BankBZW Bank Bank
Physical office space required?YesYesYesYes
Subsidies for land purchases?YesYesNoNo
Allowed to import raw materials?YesYesYesYes
Allowed to export goods?YesYesYesYes
No duties on imports and exports?YesNoNoNo
VAT exemption on imports?Yes from EEAYes from EEAYes from EEAYes from EEA
VAT exemption on products sold in Poland?Yes from EEAYes from EEAYes from EEAYes from EEA
Can be wholly foreign owned?YesYesYesYes
Can the entity hire expatriate staff in Poland?YesYesYesYes
Foreign employee quota of?NoNoNoNo
Payroll tax exemption for foreign employees?NoNoNoNo
Social security contributions exemptions for foreign employees?NoNoNoNo
Minimum number of directors?1111
Minimum number of shareholders?1111
Tax and VAT registration certificate required?YesYesYesYes
Individual shareholders allowed?YesYesYesYes
Corporate shareholders allowed?YesYesYesYes
Corporate director(s) allowed?YesYesYesYes
LLC company allowed?YesYesYesYes
Annual financial statements?YesYesYesYes

Contact us

For additional information on our SEZ company registration services in Poland, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar