Annual Financial Report and CIT-8 in Poland: close your financial year without fines and stress
The financial year is coming to an end, and the traditional reporting period begins in the Polish business environment. For a foreign entrepreneur, this time often turns into a source of stress: strict deadlines, technical nuances of the KRS S24 system, and the risk of hefty fines.
Progress Holding takes this process off your hands. We don’t just “file paperwork” — we ensure the legal and financial security of your business in Poland, providing full support in English, Ukrainian, and Russian.
What’s included in our “Annual Closing” package?
We prepare the documents so that they pass verification on the first try. You pay for a concrete result, which includes:
- Accounting part (in accordance with the Accounting Act and the Commercial Companies Code):
- Introduction to the financial report;
- Balance Sheet and Profit and Loss Account;
- Additional information and notes;
- Management Board’s report on the company’s activities.
- Tax and legal part:
- Calculation and preparation of the annual CIT-8 tax return;
- Preparation of the draft resolution of the shareholders’ meeting on the approval of the financial report and profit distribution.
- Technical submission and consulting:
- Electronic submission of the report to the KRS via the S24 system using our qualified electronic signature;
- Receipt and transfer of the official confirmation of receipt (UPO);
- Consultations on the tax consequences of profit distribution for non-resident founders.
Transparent pricing: The cost depends on the actual volume of transactions during the year. No hidden fees — you only pay for the real work done.
Ironclad Deadline Control
In Poland, delays in annual reporting are penalized with high fines. We monitor the calendar ourselves so that you only receive a notification that everything has been filed:
- CIT-8 return: filed within 3 months after the end of the financial year.
- Annual report to the KRS: filed within 6 months after the end of the year.
Why Foreign Businesses Trust Us with Their Annual Closing?
- Multilingual support without borders: English, Polish, Ukrainian, Russian. Forget about the language barrier and the need to translate “Polish bureaucratic” into plain language. All negotiations and explanations are in a language convenient for you.
- Expertise in international finance: Cross-border operations, dividend payouts abroad, taxation of non-residents — we know all the pitfalls that accountants working only with local businesses often miss.
- Official representation: We act under a power of attorney. You don’t need to figure out the nuances of the S24 portal, stand in lines, or explain yourself to the Tax Office or KRS. We do it for you.
- Personal expert, not an assembly line: You are assigned a single specialist who knows the entire history of your business. No call centers, “lost” documents, or the need to explain the context from scratch every time.
- Clear explanations of complex matters: We explain Polish reporting requirements in plain language. You always understand what is happening with your finances and taxes, without professional jargon.
Don’t risk your company’s reputation and capital due to reporting errors
Delaying or improperly preparing the annual report can lead to fines, banking issues, and account freezes. Entrust this task to professionals with 22 years of experience working with foreign investors.
Leave a request for a free consultation!
We will check the readiness of your documents, remind you of the deadlines, and take all the paperwork and technical work off your plate — so you can calmly plan the next financial year.