Publication date: 09.09.2024
How to arrange accounting support for business in Poland: legal aspects
Doing business in Poland requires not only entrepreneurial skills but also a deep understanding of local legislation, especially in the field of accounting. Proper accounting support is critical for the successful operation of your business. In this article, we will review the key legal aspects of organizing accounting support in Poland and explain why it is important to seek lawyer's consultation.
Choosing the form of accounting support
Before starting a business in Poland, it is important to decide on the form of accounting support. The service of legal analysis of a situation will help you choose the best option, taking into account the specifics of your business.
The main forms of accounting support:
- Internal accounting
- Outsourcing of accounting services
- Mixed form (partly internal, partly external)
- Use of specialized software
- Cooperation with an accounting firm
The service of legal analysis of the documents will help you evaluate the advantages and disadvantages of each option from a legal point of view.
Legal requirements for accounting in Poland
Polish law sets clear requirements for accounting. The service of a lawyer in Poland will help you understand all the nuances and avoid potential problems.
Key legal requirements:
- Maintaining accounting books in accordance with Polish standards
- Timely submission of financial statements
- Keeping accounting records for the prescribed period of time
- Compliance with electronic document management requirements
- Ensuring the confidentiality of financial information
The service of documents review by a lawyer will help you to make sure that your accounting documents meet all the requirements.
Choosing an accounting firm or accountant
If you decide to use external accounting services, it is important to choose the right partner. The service of a legal opinion of a lawyer will help you evaluate potential partners from a legal point of view.
Criteria for choosing an accounting firm:
Availability of necessary licenses and certificates
Experience of working with companies of your profile
Knowledge of the specifics of taxation in your industry
Availability of professional liability insurance
Use of modern software
The service of legal analysis of the documents will help you to check the legitimacy and reliability of the chosen accounting firm.
Question
Is it possible to keep accounting of a Polish company from Ukraine?
Answer
It is possible to keep accounting records of a Polish company from Ukraine, but it is associated with certain legal and practical challenges. According to Polish law, accounting books must be kept in Polish and comply with Polish accounting standards. In addition, original documents must be kept in Poland. Therefore, if you decide to keep accounting records from Ukraine, you will need to ensure compliance with these requirements, possibly through cooperation with a Polish partner or the use of specialized software. The legal analysis service will help you assess the risks and develop the best strategy for your business.
Accounting service agreement
If you decide to use external accounting services, it is important to draw up a proper contract. The legal analysis service will help you avoid potential problems in the future.
Key points of the accounting services agreement:
- List of services provided
- Terms of work performance
- Responsibility of the parties
- Terms of confidentiality
- Payment procedure
The online lawyer service can help you develop or review an accounting services agreement.
Tax aspects of accounting support
Proper accounting is closely related to compliance with tax laws. The service of a lawyer in Warsaw will help you understand all the nuances of the Polish tax system.
Key tax aspects:
- Choosing the optimal taxation system
- Timely payment of taxes and fees
- Correct preparation of tax returns
- Consideration of international aspects of taxation
- Utilization of available tax benefits
The legal opinion service will help you optimize your tax burden within the law.
Liability for violations in the field of accounting
Failure to comply with accounting requirements can lead to serious consequences. The service of lawyer's consultation will help you understand the possible risks and ways to minimize them.
Possible consequences of violations:
- Administrative fines
- Criminal liability
- Additional tax audits
- Loss of trust of business partners
- Problems with obtaining loans
The online lawyer service can provide prompt advice in case of problems with regulatory authorities.
Automation of accounting
Modern technologies can significantly simplify the accounting process. The legal analysis service will help you choose legal and effective software.
Advantages of accounting automation:
Reducing the likelihood of errors
Saving time on routine operations
Fast generation of reports
Facilitating the audit process
Integration with other business processes
The document analysis service will help you check whether the selected software meets the requirements of Polish law.
Question
What are the risks of improper accounting in Poland?
Answer
Incorrect accounting in Poland can lead to serious consequences for the business. The main risks include: significant financial penalties, which can reach even hundreds of thousands of zlotys; criminal liability for company executives in case of serious violations; additional tax liabilities, including penalties and fines; loss of trust of clients and partners; difficulties in obtaining loans or investments. In addition, incorrect accounting can lead to inefficient business decisions due to inaccurate financial information. The legal due diligence service will help you identify potential accounting problems and develop a plan to eliminate them to minimize these risks.
Proper accounting support for business in Poland is critical for the successful operation of your company. Ignoring legal aspects can lead to serious problems, including financial losses, legal sanctions, and reputational risks. That is why it is important to seek professional legal consultation at all stages of organizing and maintaining accounting. Legal marketplace CONSULTANT offers a wide range of services, from written consultation to legal opinion of a lawyer, which will help you to effectively solve all legal issues related to accounting support of your business in Poland. Do not risk your business and reputation - entrust the solution of legal aspects of accounting to professionals and provide a solid foundation for the development of your company in the Polish market.
