added: | 2012-09-28 15:09:01 Special Economic Zone (SEZ) is part of Polish territory which is administered separately, allocated for the running of businesses on preferential terms. The SEZ is a place which is subject to special treatment and tax exemptions where an entrepreneur can establish a business on a specially prepared site and run it without paying income tax.
If a company decides to invest in one of the SEZ’s, the income which it receives from business carried out on its terrain will be exempt from income tax (CIT - from legal persons or PIT – on physical persons, depending on the legal form used to run the business).
In an SEZ the entrepreneur can obtain the following privileges:
- tax exemption (CIT or PIT)
- a site fully prepared for development by the investor at a competitive price
- free assistance in dealing with formalities in connection with the investment
- exemption from property tax (on the territory of certain gminas).
To learn more about Special Economic Zones please visit a website of the Polish Information and Foreign Investment Agency (PAIiIZ):
