Poland to be European average in terms of ease of doing business

Poland is ranked 14th in Europe among the countries with the most complex business regulations, according to the latest report prepared by TMF Group, a global business services company for entities operating locally and internationally. The most difficult to do business in Europe is in Greece, and the easiest is in Denmark. 

d Global Business Complexity Index 2020, TMF Group's experts compared the main country requirements within 77 jurisdictions around the world for administrative and regulatory compliance for entrepreneurs planning to do business in the selected markets.

e results are not directly comparable due to slight changes to the report’s methodology, Poland has almost certainly become relatively simpler in compared to both European and global countries in the past twelve months. Unfortunately, the company's experts argue that these changes do not result from introducing more business-friendly regulations.

“The better position of our country in this year's survey may suggest that it is easier to do business in Poland compared to last year. Unfortunately, it is not so. The change in the position in the ranking is rather due to the changes that took place in relation to other countries. This is a sad finding,” explained Joanna Romańczuk, Managing Director of TMF Group in Poland.

“Companies from abroad wanting to start up in Poland are invariably facing great challenges. All corporate documents must be completed in Polish, and it can take a very long time to set up a company for entities whose parent companies are located outside Poland. Such factors cause that such an important European market as Poland has high entry barriers, which forces investors to cooperate closely with local partners, who move freely in terms of national regulations” she added

(WBJ)