Polish parliament decided to lower corporate income tax rate (CIT) from 15% to 9 % for small business being subject to corporate tax (limited liability companies and join-stock companies).
Currently, the preferential CIT rate is 15%. It is available to small taxpayers and start-up companies. The others pay 19 % CIT.
Next year there will also be two rates – 9 % for small and new and 19 % for the rest. According to the definition included in the act on CIT, the income limit for a small taxpayer is EUR 1.2 million per year.
It is good news for all investors who plan start a new business in Poland in form of limited liability company (LLC).