Russian speaking Accountant in Poland

Many businesspeople relocating from former CIS countries choose Poland. Why is it beneficial? Let’s look at some main reasons:

• Geographical proximity and cultural similarity: Poland shares borders with Ukraine and Belarus, making relocation easier. Moreover, a significant number of Russian-speaking people live in Poland, making adaptation smoother.
• Favorable business climate: Poland offers a stable economy, low taxes (19% corporate tax and 17% VAT), and a skilled workforce.
• Government support: The Polish government offers various support programs for new businesses, including grants and tax incentives.
• Developed infrastructure: Poland has developed infrastructure, including roads, railways, and airports, facilitating business operations and goods transportation.
• Access to the European market: Poland is a member of the European Union, giving businesses access to a market of over 500 million consumers.
• Relatively low business costs: Compared to other EU countries, Poland has relatively low labor, rent, and other operational costs.
• Networking and collaboration opportunities: Poland has numerous organizations and events that bring together Russian-speaking businesspeople, creating opportunities for networking and collaboration.
• Availability of Russian-speaking specialists: Many Russian-speaking specialists live in Poland, making it easier to run a business in a new country, find employees, and business partners who speak the native language.

Russian speaking Accountant in Poland – What are the Benefits?

All entrepreneurs know that for starting a new company and its further functioning, accounting and tax issues are extremely relevant and important. The laws and regulations governing accounting are quite complex. Additionally, it’s necessary to consider constant updates and changes to these laws and regulations to ensure safe and efficient operations. All this requires relevant and up-to-date knowledge. Moreover, newly arrived relocating businesspeople are in a foreign country, and many do not know the language, which can further complicate their business operations. What to do in this case? To solve this issue, many entrepreneurs turn to outsourcing companies, entrusting all accounting and taxation matters to specialized external firms. This is especially common among small and medium-sized enterprises, as many companies cannot afford to hire a large staff of accountants and lawyers to handle this work and related issues.

Russian speaking Accountant

Therefore, when choosing an outsourcing company, it is very important for newly arrived entrepreneurs to pay attention to whether the company’s staff includes Russian-speaking (or English-speaking, if necessary) specialists.

Advantages of Hiring a Russian-speaking Accountant in Poland When Starting a Company:

• Language support: A Russian-speaking accountant can communicate freely with you and other Russian-speaking employees, ensuring clear understanding of financial matters.
• Knowledge of Polish tax and legal system: An accountant with experience in Poland will have a deep knowledge of the local tax and legal system, ensuring compliance with all requirements.
• Understanding cultural nuances: An accountant familiar with Russian culture can better understand your views and needs, leading to more effective cooperation.
• Consultations in your native language: You will be able to receive consultations and support from the accountant in your native language, eliminating the need to translate complex financial concepts.
• Compliance with local requirements: A Russian-speaking accountant can ensure that your company complies with all financial and accounting requirements in Poland, reducing the risk of audits and fines.
• Professional connections: An accountant with experience in Poland may have connections with local banks, auditors, and other professionals, which can be extremely useful for your business development.
• Simplified financial reporting: The accountant will prepare all necessary financial reports for submission to Polish tax authorities and other institutions, freeing you from this task.
• Tax optimization: The accountant can help you optimize taxation using legal methods to minimize your company’s tax obligations.
• Access to financial resources: The accountant can help you access financial resources, such as loans and investments, by preparing accurate and comprehensive financial information.
• Increased investor confidence: Having a qualified Russian-speaking accountant can increase investor confidence, as they will be assured that the company’s financial operations are transparent and comply with local laws.

The process of starting a business in Poland is quite labor-intensive. If you are interested in opening your company in Poland and want to save time and effort, it is better to consult specialists who are well-versed in all stages of company formation and know local legislation. Our company is ready to assist you at any stage. Progressholding also offers the services of our Russian-speaking specialists.

Bookeeping services

If you have any questions or would like to receive additional consultation on this topic, please write to us at office@progressholding.pl