Business angels under pressure from tax authorities
StarsUp, an initiative created by entrepreneurs and angel investors, wants investing in innovative start-ups to become as tax-attractive as investing in real estate. Its roadmap proposes legal reforms to remove systemic barriers and increase the number of business angels in Poland from about 2,000 to 10,000 within a few years.
The group argues that current tax rules discourage private capital from backing early-stage technology firms. Investors can use limited relief only in specific cases, while real estate investors benefit from tax exemption after five years. StarsUp wants a similar rule for start-up investors who hold shares for at least five years. Without such incentives, it warns that Polish start-ups and talent may move abroad, while capital continues flowing into safer real estate.
(pb.pl)
