Offshoring to Poland
Offshoring to Poland has become a strategic consideration in the context of the globalization of services, a trend that has significantly escalated in recent years. The world economy is experiencing heightened interconnection and integration among different countries, extending beyond economic ties to encompass broader aspects of society and culture. Notably, there is a seamless flow of products, services, knowledge, labor, and capital across national borders. This global dynamic is contributing to a transformation in the business environment, with services playing an increasingly influential role in driving these changes.
Offshoring to Poland has become a strategic consideration in the context of the globalization of services, a trend that has significantly escalated in recent years. The world economy is experiencing heightened interconnection and integration among different countries, extending beyond economic ties to encompass broader aspects of society and culture. Notably, there is a seamless flow of products, services, knowledge, labor, and capital across national borders. This global dynamic is contributing to a transformation in the business environment, with services playing an increasingly influential role in driving these changes.
With growing competition between companies in the global market, entrepreneurs are looking for new solutions that increase their competitive advantages, including in the field of management. That is why companies that want to minimize their costs are willing to transfer support functions to their foreign subsidiaries or other companies that will perform such functions more efficiently and effectively. Very often, production involving a large volume of human labour or services related to business processes, are transferred to another country. This management strategy is based on the concept of offshoring.
Among European countries, Poland is a leader in offshoring, accounting for almost 25% of the global services market in Central and Eastern Europe, and the country offers many opportunities to improve the efficiency of your business. Therefore, this industry is constantly developing, which has led to Poland’s taking its place among the world leaders of the offshore group, which also includes the Philippines, India, China and Brazil.
Updated On: 10-01-2024
Chapter Outline
Benefits of Offshoring to Poland
There are numerous benefits to offshoring to Poland, including:
1. Cost savings: Labor costs in Poland are significantly lower than in many Western countries. This can lead to substantial savings for businesses that offshore their operations.
2. Access to talent: Poland has a large pool of skilled and experienced professionals. This can help businesses overcome staffing shortages and find the talent they need to succeed.
3. Improved efficiency: Offshoring can allow businesses to focus on their core competencies and improve overall efficiency.
4. Global expansion: Offshoring can be a stepping stone to global expansion. By establishing a presence in Poland, businesses can gain access to new markets and customers.
Warsaw, Krakow, Łódź, Poznań and Szczecin are just some of the Polish cities that have a rich offer for the outsourcing and offshoring market. If you are interested in offshoring to Poland, the experts at Al-Watania Investment will provide you with all the information you need and help you with a detailed analysis of the potential of each location, as well as the next steps required to successfully launch your business.
What are the Key Advantages of Developing your Business in Poland?
Despite the growing importance of offshoring for business, entrepreneurs face challenges when deciding on the optimal location to relocate their businesses. Location is a very important factor that affects the development prospects of your company and the volume of foreign investment.
Poland is one of the most attractive locations for offshoring in Europe, as it has obvious investment attractiveness for investors and provides many assets beneficial for business development.
The Polish labour market offers extremely attractive conditions for engaging human resources: with relatively low labour costs, the absolute number of employees are very well-educated and highly qualified, and are constantly learning new skills.
Moreover, the advantageous geographical location in the heart of Europe, access to major European markets and cultural proximity with European countries, as well as political and economic stability, make Poland increasingly attractive as a location for offshore services. This is confirmed by the constantly growing number of companies with foreign capital in Poland.
Doing business in Poland means many opportunities to optimize costs and maximize profits. Polish cities are well-connected to all foreign countries thanks to airports, which minimizes travel time within one time zone and all associated costs. Easy access to a skilled and educated workforce at low labour and operating costs is achieved due to the high level of education among the population. Moreover, affordable rental of office and industrial premises is also an important advantage for offshoring in Poland.
Al-Watania Investment provides in-depth audit, strategy development and comprehensive support for the implementation of offshore processes in Poland. Our offshoring and outsourcing experts comprehensively study each case individually to offer you the most efficient, secure and cost-effective solutions. Contact for professional business advice on offshoring to Poland if you are interested.
What are the Incentives for doing Business in Poland?
Foreign investors who want to open or develop a business in Poland can take advantage of many incentives that will be a beneficial advantage. Moreover, state assistance is provided for by both Polish and European legislation.
The main incentives for investors include:
- ERegional assistance to new investments in the form of tax exemption (PIT or CIT);
- EGovernment grants and government subsidies provided for investments of great importance for the Polish economy;
- ECash grants from EU funds for innovative new investments, energy efficiency projects and renewable energy production;
- EGovernment assistance and tax incentives for R&D;
- EExemption from real estate tax (RETAX) in some municipalities;
- EIndustrial and technological parks.
Moreover, the whole of Poland is an economic zone, thanks to which companies investing anywhere in the country can count on income tax exemption. The decision to support investments is made after certain criteria are met. In Poland, there are 14 special economic zones (SEZs), which provide special conditions for investors (exemption of up to 50% from corporate or property tax) if the investment project is located in an approved activity sector.
Taking advantage of offshore operations will allow you to achieve the greatest value for your business in the shortest possible time. Al-Watania Investment’ experts specializing in offshoring and outsourcing will help you with this and will provide you with ready-made solutions and tools that will help you achieve your goals.
Malgorzata Maria Niedziolka
CEO and founder of Al-Watania Investment
Expert in the field of cooperate, commercial and immigration law, private equity and venture capital investments, as well as the purchase and sale of real estate in Poland.
Many years of experience in reputable law and consulting firms in Poland and abroad, as well as work in the public administration system in Poland, allow her to confidently and effectively navigate the over-regulated local legal system, providing high-quality legal services to a wide range of people, including foreign investors and international corporations.
HOW CAN WE HELP YOU?
Leave a request, and we will contact you as soon as possible to better understand your needs and offer the best solutions.