Business Development Way for 2022
Business environment started many years ago in Poland. We can see many small, medium or big size of companies working for local and international markets. Especially being in EU gives additional opportunities for companies develop their business environments for the future. Poland is membership in international organizations (EU, NATO, UN, OECD) gives foreign investors wide opportunities for cooperation and affects the security and stability of investments. It also makes Poland a reliable business partner for foreign investors.
For over 30 years, Poland has remained one of the most attractive directions for the inflow of foreign investments. It has a stable economy with an established macroeconomic position and unique conditions for running and opening a business, which is confirmed by economic data. The dominant part of foreign direct investment (FDI) is reinvested earnings, which proves the loyalty of investors towards the Polish market. From January to the end of November 2021, foreign companies declared the implementation of investments worth over PLN 11.1 billion and the creation of 6,350 new jobs.
Poland has a stable economy with an established macroeconomic position. Polish economy is developing at a fast, short-term economic prospects are optimistic, the fiscal policy framework is strong, measures taken to increase tax revenues are effective and the situation on the labor market is the best in recent Polish history. Poland become much strong economical country in Europe. At the same time, Polish government started not to calculate tax rates for under 26 years old employee. This shows that, many companies started hiring new talents for developing better and get fresh new ideas.
Poland’s GDP per capita at purchasing power parity was US$ 34,217 according to World Bank data. Over the past decade, a coherent middle class has developed, whose income levels correspond to the average European wage. Although, Polish people earn USD 27 046 per year on average, much less than the OECD average of USD 43 241. In Poland, the average household net adjusted disposable income per capita is 19 814 a year, lower than the OECD average of USD 33 604.