A significant percentage of Progress Holding’s clients are foreign entrepreneurs involved in online trading and e-commerce. Companies engaged in e-commerce and online sales in Poland must adhere to general accounting principles, such as timely bookkeeping, accurate classification of expenses and income, and preparation of reliable financial statements. Our expertise in accounting for small businesses ensures that even the most complex e-commerce operations remain compliant with Polish regulations.
Key aspects for e-commerce companies in Poland include:
- Companies conducting online sales in Poland, especially those selling globally, often register for the OSS (One-Stop Shop) system and use Fulfillment programs.
- They are required to file monthly or quarterly VAT returns, detailing the VAT collected and paid on their sales and purchases. The OSS registration simplifies VAT reporting for goods exported within the EU.
- Accurate inventory tracking is essential, including managing goods in stock and goods in transit, as unsold stock does not count as an expense.
- E-commerce businesses must use reliable order management and invoicing software to ensure accurate order processing and timely invoice delivery to customers.
- Companies should integrate secure and reliable payment gateways into their systems for processing online payments from customers.
Progress Holding’s accounting service for e-commerce companies in Poland:
- Comprehensive bookkeeping services, including registering all financial transactions in accounting systems and preparing financial reports in compliance with Polish law. We also handle warehouses in various countries and Fulfillment programs.
- Assignment of a personal supervisor and accountant in Poland who will fully manage your company’s affairs.
- Tax consulting, including the calculation and payment of taxes (VAT, corporate income tax, etc.), and tax optimization tailored to e-commerce.
- Assistance with VAT registration, filing monthly or quarterly VAT returns, and calculating the VAT due.
- Support with OSS VAT registration and the preparation and submission of OSS declarations.
- Assistance in bookkeeping for international operations, including advice on complex cross-border transactions.
- Accurate inventory tracking based on the client’s software, covering both in-stock and in-transit goods.
- Management of all cash transactions, regular reconciliations with bank statements, and preparation of cash flow reports.
- Payroll calculation, tax withholding, social security contributions, and preparation of payment orders and reports for social security authorities.
- Preparation of financial reports, including profit and loss statements, balance sheets, and cash flow statements, in accordance with Polish accounting standards.
- Consultation with an accountant on taxation and compliance with legal requirements relevant to e-commerce businesses. Our accounting for small business solutions ensures that both compliance and financial optimization are always in focus.
Electronic document flow in e-commerce company
Progress Holding has 20 years of experience in this field. We are well-versed in local legislation and tax regulations. Using modern software and technologies allows us to optimize processes and minimize errors, ensuring efficient and accurate operations for our clients. Whether it’s large-scale operations or accounting for small businesses, our comprehensive solutions help drive efficiency and compliance for e-commerce companies.