Poland has a solid economic foundation and is the only European country to record GDP growth during global economic crisis. After avoiding a recession, Poland continues to make progress. Some of the factors that contributed to the recent economic performance include private consumption, labor market performance, significant export value, and the competitiveness of Polish companies.
For investors starting a business in Poland, an important advantage is that they can receive various tax subsidies and incentives. The maximum level of investment assistance depends on the scale and location of the company. Certain types of expenses incurred by companies eligible for assistance means purchasing land, buildings or machinery, technology transfer expenses, and lease expenses (in some cases). In addition, the administrative procedures related to opening a company in Poland, such as company formation procedures or trademark registration, are not very complicated.
Low unit labor costs, easy access to the EU market, huge domestic market, and relatively high level of technology in labor market are the advantages of investors who start up business. In addition, there are stability and incentive measures.