Incentives and Benefits to doing Business in Poland

Poland benefits from the largest amount of EU funds of any beneficiary EU member states. Over 90 billion euro is available for development, infrastructure and human capital for 2007 -2013.

Poland benefits from the largest amount of EU funds of any beneficiary EU member states. Over 90 billion euro is available for development, infrastructure and human capital for 2007 -2013.

Poland welcomes foreign investors with a number of investment incentives tailored to their needs. Various forms of state aid are available including grants and tax incentives, abatements and exemptions.

In order to facilitate and support regional development 14 Special Economic Zones were created with a total area amounting to about 6.300 hectares. They are designated areas in which investment activities can be conducted on preferential terms.

Poland's entry into the EU in May 2004 was a milestone in the country’s political and economic transformation. The largest of the new accession countries in terms of size and population, it is also the biggest recipient of EU funds, receiving 59.5 billion for 2007-13. With economic growth expected at 4.5 per cent (2006), a young and well-educated labour force, and located at the crossroads between eastern and western Europe, Poland offers a large potential market in central Europe.

The value of Foreign Direct Investment (FDI) in 2005 was approximately US $7.7 billion.

Poland remains Britain's largest market in Central and Eastern Europe and in 2005 UK exports to Poland exceeded US $3.1 billion. Polish exports to the UK have been booming since Poland joined the EU, and now well exceed the value of British exports to Poland. The value of Polish exports to the UK in 2005 was over US $5 billion, making the UK Poland's fourth biggest export market.