One of the initiatives to speed up the economic growth of the City and the Podlasie region is the establishment of the Białystok Sub Zone of Suwałki Special Economic Zone, which is administratively delimited area, where business activities can be conducted on preferential terms.

According to Ordinance of Council of Ministers of 15th December 2008 on Suwałki SEZ, the Zone was extended and included Białystok Sub Zone. The ordinance became effective on 30th December, 2008.

Białystok Science and Technology Park is a project carried out by the City of Białystok and co-financed with the European Regional Development Fund within the Operational Programme: Development of Eastern Poland for the years 2007-2013.
Total costs of the project – ca. PLN 140 m
Years of project implementation: 2009 – 2012

On the 24 September 2007 Prime Minister of the Republic of Poland signed the resolution which broadened Special Economic Zone Euro-Park Mielec and created the Subzone Lublin.

The main aim of creating Economic Subzone in Lublin was to speed up economic development of the city, reduce unemployment, as well as to increase the competiveness of innovative companies.

Poland's taxation of an individual's income is progressive. In other words, the higher the income, the higher the rate of tax payable. The 2009 tax rate for an individual is 18% or 32%. Individuals can choose , under certain conditions, paying a flat rate of 19% on business income. In Poland corporate tax in 2009 is 19%.

Poland Individual Income Tax

An individual pays tax on his income as a wage earner or as a self-employed person. The tax for an individual who meets the criteria of a "permanent resident" in Poland will be calculated on his income in Poland and abroad. A foreign resident who is employed in Poland pays tax only on his income earned in Poland.

Cultural awareness or cultural knowledge is becoming increasingly important in today's global economy. The sentiment that because the "world is getting smaller" our differences are becoming less obvious is recognised as flawed. As people interact and do business across cultural boundaries more often, cross cultural differences become more acute.

Businesses now accept that equipping people with the appropriate cultural awareness can and does impact business operations positively. This guide to doing business in Poland offers a taster of some of the information a cultural awareness briefing would provide.

This section identifies the bureaucratic and legal hurdles an entrepreneur must overcome to incorporate and register a new firm in Poland.

The country data appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in June 2009.

The table below provides a summary of the procedures and the associated completion time and cost for setting up a standardized company. The table is followed by additional country-specific information on registering a company.

Poland has proven to be a very attractive location for investors. For instance, more than 350 U.S. firms now have offices, factories, subsidiaries or joint ventures operating in Poland. And there are more of them from Germany, France and all over Europe. Poland is drawing billions of dollars in new investment every year as U.S. and other foreign firms seek to take advantage of Poland's large population and location in the heart of Europe. As a NATO and European Union member, Poland has a proven record of political stability and commitment to free market principles. There is a broad consensus across political lines that welcomes foreign direct investment, and the government offers many incentives to attract new firms that can bring capital, technology and jobs to Poland.

Is it worthwhile investing in the Lublin Region? What are the conditions for the potential investors? What are the main economic assets of the Region and its perspectives for the future? What is life like in Lublin and its vicinity? Answers to all those questions you will find in our website. Here is the basic information upon the city and the area.

In the Lublin Metropolitan Area, the enterprise sector is mainly located around large urban agglomerations, the biggest of which is naturally Lublin. In total, there are about 57 000 business entities registered in the LMA region, which constitutes 40% of all companies located in the Lublin Region. The majority, as many as 96% of them, are private enterprises. The main directions of investment involve trade and repair services, energy, water and gas production and supply, education, industry and services sectors.