Poland’s remarkable rise is indeed true and widely recognized. The Economist’s May 2025 issue highlights Poland as Europe’s most overlooked economic and military power, noting that since 1995, income per person has more than tripled, and since joining the EU in 2004, Poland has almost never experienced a recession, with an average annual growth rate near 4% over two decades. This growth is visible in dynamic cities, improved infrastructure, rising living standards, and a booming manufacturing sector benefiting from proximity to Germany.
Poland has indeed experienced a remarkable rise as a popular business destination in Europe, driven by several key factors:
- Skilled workforce: Poland boasts a highly educated labor force, particularly strong in technology and engineering fields. Polish IT specialists are recognized globally for their expertise in areas such as cloud computing, AI, machine learning, and cybersecurity.
- Location: Poland’s strategic location in the heart of Europe provides excellent access to both Western and Eastern European markets. It is well connected by major highways, railways and seaports. Poland boasts modern infrastructure, including well-developed transport networks and efficient logistics systems, making it an attractive hub for manufacturing and distribution across Europe.
- Tax Incentives: Poland offers various tax incentives and supports foreign investment. Poland’s IP Box tax relief offers a preferential 5% income tax rate on income derived from qualified intellectual property (IP) rights created or improved through research and development (R&D) activities. This is significantly lower than the standard corporate or personal income tax rates and is designed to attract and support innovation-driven businesses, especially in the IT and technology sectors.
- Cost advantages: Compared to Western Europe, Poland offers competitive labor costs without compromising quality. Salaries for IT professionals and other skilled workers are significantly lower than in the UK or US, enabling companies to scale efficiently.
- Economic stability and growth: Poland is the sixth-largest economy in the EU, known for consistent GDP growth and resilience during economic downturns.
- The “We Can Do It” Attitude: A defining feature of Poland’s rise is a future-oriented, optimistic national ethos often described as a “we can do it” attitude. This mindset is reflected in political rhetoric, public policy, and the broader national discourse, emphasizing resilience, ambition, and the rejection of historical biases.
Woźniak Legal possesses the expertise and experience necessary to effectively assist you
. Our lawyers can assist you in choosing the right business structure for your investment in Poland and effectively support you in handling your case.
Please contact us on
office@woznialegal.com.
You can also email me directly on
grzegorz.wozniak@wozniaklegal.com.
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