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Krakow insights

Doing Business in Krakow, Poland

Over 100,000 private businesses and nearly 2,000 public firms carry on in Krakow with aggregate revenue to the tune of about 14.6 billion euro. Usually the city's big companies with hundreds and thousands on the payroll come under the spotlight yet they are hardly representative of Krakow economy. The self-employed and small enterprises employing less than ten workers account for over ninety percent of business entities incorporated in the city. 

Foreigners own at least partly more than 1,900 of Krakow's companies. 

 

Tips for the Business Visitor Coming to Krakow

Visitors from member-states of the European Union and NATO do not need visas to enter Poland. Otherwise, when a country wants Polish citizens to acquire a visa the general rule is that Poland requires citizens of that country to secure one for admission to Poland as well. Yet all aliens save those from other EU countries need a visa to stay in Poland beyond 90 days. [See also tips on employment, transport, communication, currency, paying, weights & measures, business hours, holidays, dates and numbers, and local customs]. 
More tips for business visitors

Taxes in Poland 

As a rule expatriates and natives pay the same taxes in Poland. Of course, there are exceptions and they benefit the former. E.g. the country has tax treaties with 60-plus nations, including the USA,  which ensure no income is taxed twice and lower taxes apply. Value added tax (VAT) is included in the price of almost every product and service you purchase. Excise duty is a ‘sin tax’ of sorts, included alongside VAT in the price of such products as cigarettes, liquors, motor fuels, etc. Companies incorporated or headquartered in Poland are subject to corporate income tax. Personal income tax is paid both by Poland’s citizens and by permanent residents. 
More on taxes in Poland

Guide to Krakow ebook Get the Krakow up-to-date guide e-book

Krakow's Real Estate 

In Poland foreigners can freely buy apartments or plots up to 0.4 hectare (i.e. about an acre) in urban areas. They may also inherit any estate. Otherwise acquisitions of urban property by aliens other than EU citizens require authorization from the Ministry of Internal Affairs, easily obtainable in most cases. It applies to individuals as well as companies whenever foreigners hold the controlling interest. 
More on Krakow's real estates

Krakow Lawyers 

See the list of Krakow's lawyers and law firms. Sooner or later everybody will need one of them. 

Investing in Krakow 

All companies incorporated in Poland are equal before the law of the country. And Polish corporations can be owned altogether and run by foreign shareholders, while full repatriation of capital as well as after-tax profits and dividend earnings is guaranteed. At the same time Poland's competition law, the protection of intellectual property, bankruptcy law, etc. are nowadays up to the Western standards. 
More on investing in Krakow

Foreign Direct Investment in Krakow 

Poland’s labor costs stay at a third of Germany’s, and the country boasts a sizeable and fast-expanding internal market, enjoys a healthy GDP growth, and remains a model of political and economic stability in the region. And since 2004 it has been the European Union. No wonder foreign investors flock: from multinationals to fairly small enterprises. If you want to jump the bandwagon, Krakow appears a particularly good place with some 8.5 million people living within a radius of 100 km. And the city is situated at Europe’s crucial crossroads between Germany and Ukraine and between Scandinavia and the south of the continent. 
More on FDI in Krakow

Good Restaurants in Krakow 

Krakow has always been Poland’s gourmet Mecca. And the recent decade brought about a genuine restaurant explosion all over the city owing to the hectic efforts of aspiring restaurateurs–native ones as well as immigrants. The Old Town historic district seems virtually stuffed with establishments catering to all kinds of diners.
Krakow’s restaurants, a dining guide

Krakow Transport 

There is no subway in Krakow, nonetheless that nearly million city has a fairly dense public transport system which consists of streetcars and buses a municipal company operates and a number of private-owned minibus fleets. Taxicabs are plentiful and relatively cheap in Krakow – within the city boundaries the fare should not exceed 20 euro. And you can dial roughly a dozen different taxi telephone centers, each with its own fleet. 
More on Krakow transport

Krakow hotels and other accommodations

There are 25,000-plus beds to choose from in Krakow

Lodging guide to Krakow hotels

Travel to Krakow 

Nearly ten million visitors show up in Krakow every year, though only a third or so stay overnight in the city. Many arrive and/or leave by air, but most take advantage of the fact that Krakow lies at a major European road and rail junction. 
More on travel to Krakow  

Shopping in Krakow 

From designer garb to jewelry, and from antiques to books and works of art–Krakow’s central Old Town historic district, turned into a pedestrian precinct, teems with stores of all sorts, crammed into every available space.  
More on shopping in Krakow

Krakow's conference facilities 
Printing in Krakow

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