Thank you for your participation in the Satisfaction Survey on Membership in the Polish-Swiss Chamber of Commerce.
We would like to encourage you to take a look at the results and comments.
If you wish to share your opinion on the membership, please contact us at swisschamber@swisschamber.pl or 22 322-76-25.
We are happy to tell you that thanks to your responses we could support Omnibus Foundation which helps talented children from families in a difficult financial situation.
On 11th April at PAP in Warsaw took place a conference during which the results of the 13th survey on investment climate in Poland were presented.
The Economic Survey was conducted in February and March 2018 by the German-Polish Chamber of Industry and Commerce in cooperation with thirteen other bilateral chambers in Poland, operating within the International Group of Chambers of Commerce: American, Austrian, Belgian, British, Canadian, Dutch, French, Irish, Italian, Portuguese, Scandinavian, Spanish and Swiss. 300 foreign capital companies operating in Poland and approx. 1400 investors in more than a dozen other European countries participated in the survey, which gives the total number of approx. 1700 respondents.
We encourage you to take a look at the survey results and press release.
On March the 15th, Balajcza Specialized Translations, one of Poland’s largest translations agencies, celebrated its eighth year of market presence.
Despite being one of the younger translation market players, during that period we’ve managed to establish long term relationships with many renowned clients and build an extensive network of translators. The most important numbers in brief: one and a half thousand clients, 1200 translators and interpreters across the whole world delivering services in 250 language combinations. This year we’ve translated 2.5 million words and interpreted for more than 10 thousand conference participants.
And we certainly do not limit our operations just to Poland, with clients in West, North and South Europe. We are the language supplier of choice for numerous large international corporations, major local companies, investment funds and law firms. More than 300 businesses from the banking, power generation, insurance, manufacturing, trade and television industries saw fit to write extremely positive letters of recommendation for us.
Financial, legal, technical and marketing translations are our forte. We supply translation and interpreting services, sworn if required, we provide comprehensive conference services based on our own equipment as well as language tuition.
Membership in the French, Scandinavian Swiss and Netherlands Chambers of Commerce goes hand in hand with our company’s international operating profile.
We have entered the ninth year of our operations with plans in the pipeline to open a branch in one of West Europe’s French speaking countries.
www.balajcza.pl
Swiss companies operating in Poland do not need to prove that they are reliable and that their services or products are of good quality. Polish business partners or clients take it for granted. This is reflected in the results of the latest research ‘Swissness in Poland’ which we present on below.
The positive image of Switzerland in Poland bears a great potential. What is interesting, Polish managers running Swiss companies in Poland are usually more aware of this fact than managers at their head offices in Switzerland. It is Polish CEOs who often have to convince their superiors that it is worth underlying to a greater extent the Swiss origin of the company, products or services in marketing or corporate communication.
In order to support them with reliable data, in 2011 the Chamber commissioned for the first time a survey on the image of Switzerland in Poland. It is worth mentioning that ‘Swissness’, i.e. the perception of a country as a brand was at that time a new discipline in Switzerland launched by the University of St. Gallen. The first survey was carried out in 2006. Since then the research on the image of Switzerland and Swiss products and services has been conducted every few years. The survey is carried out in 15 countries – neighbouring countries and biggest export markets.
Poland is not (yet) on the list, that is why in Poland the research is commissioned by the Polish-Swiss Chamber of Commerce together with a number of Swiss member companies. In 2014, following a request of the Chamber additional questions concerning the image of Swiss companies in Poland where added to the survey. The reason was that there are many member companies which position themselves on the Polish market by indicating their Swiss origin and not necessarily by selling products ‘Made in Switzerland’.
The image of Switzerland is an asset from which all Swiss companies can benefit. As an example, it affects the attractiveness of companies as employers („employer branding”). Moreover, the research may provide answers to more specific questions:
– Brand recognition of a company in Poland and associations with the brand,
– Does the industry benefit from the so called ‘Swissness effect’? Is it worth underlying the Swiss origin of the company?
– How high is the ‘Swissness Premium’, i.e. how much more are clients willing to pay for a Swiss product compared to a similar product without the indication of origin?
We wish you a pleasant reading.
Switzerland is one of the richest, best developed and in recent years most innovative countries. Meanwhile, Poland in the last three decades has been catching up with developed countries in Western Europe in terms of civilization and its economy.
According to the report “Cooperation, growth, innovations. 20 years of Swiss investments in Poland”, which we commissioned Deloitte on the occasion of the 20th anniversary of the Polish-Swiss Chamber of Commerce, over the past 20years Polish exports to Switzerland have increased more than nine-fold and Swiss companies have made more than PLN 17,5 billion of foreign direct investments into Poland. At the moment, Swiss companies employ in Poland about 35 000 people. More and more often Polish sectors are responsible for development of the innovative technologies and solutions.
For almost 150 years, Switzerland has been among the global leaders in terms of wealth and economic development. Broad economic freedom, openness to international trade and immigration, stable and predictable laws, low taxes and responsible fiscal policy, as well as excellent dual education system are the most commonly cited sources of the country’s economic success. This Alpine country is perceived by Poles especially for its watches, jewellery, tourism and wealth. However, only few people realize that Switzerland is one of the most innovative countries around the world.
– Switzerland has been among the global leaders in terms of innovation. Also this year remains at the top of the European and global rankings and is ahead of countries such as Sweden, Denmark, Finland, the Netherlands, the USA, Great Britain and Germany- said Marek Szymański, President of the Polish-Swiss Chamber of Commerce.
We would like to encourage you to take a look at the attached press release and publication.
Businessinsider- Polska atrakcyjna dla szwajcarskich inwestorów. Nie jesteśmy już montownią
Polskie Radio- Szwajcarskie firmy w Polsce stawiają na innowacyjność, nie na tanią siłę roboczą
Wyborcza.biz- Szwajcarskie firmy chcą przenosić do Polski procesy z wartością dodaną
Puls Biznesu- Szwajcarzy na tropie innowacji
Bankier- Przez 20 lat eksport z Polski do Szwajcarii wzrósł ponad dziewięciokrotnie
We are pleased to inform you that on 30 January 2018 Timea Balajcza, Operating Director and Vice-President of the Management Board of BALAJCZA, received an invitation and gave an interview in the Słodki Live Internet Television.
During the interview Timea Balajcza among other things talked about the BALAJCZA company providing its services to enterprises – translations, interpreting, or language courses. She also spoke about the company mission and supporting customers’ business by providing assistance in communication with foreign business partners, suppliers or associates. She also mentioned how very important the quality of the service is and the significance of providing customers with professional translations delivered always on time.
During her interview, Timea Balajcza presented company statistics. BALAJCZA is one of the younger companies in the translation and interpreting market and has been in business since 2010. The company has 1500 customers and 1200 translators from all over the word, thanks to which it supports 250 language pairs. In 2017, we translated over 2.5 million words and provided services to 10,000 conference participants.
Link to the full interview:
https://slodkilive.pl/2018/01/31/7650/
Should you require any translation or interpreting services, please contact us by e-mail at: timea.balajcza@balajcza.co.uk
www.balajcza.co.uk
As in the previous year, we would like to invite you to participate in a survey on economic situation and investment attractiveness of Poland.
The survey is conducted in cooperation with 12 bilateral Chambers in Poland, operating within the International Group of Chambers of Commerce (IGCC).
It is addressed mainly to foreign investors and entrepreneurs operating on the Polish market. The survey is available online only: http://konjunkturumfrage.ahk.de/umfrage/pl-polen/
You can participate in the survey until 2nd March. There are three language versions available (Polish, English and German).
In the latest copy of Swiss Export Journal you will find an article on a Swiss company Brugg Systemy Rurowe. We invite you to take a look at it (the article is in German).
VAT changes in Switzerland enter into force on 1 January 2018
Amendment will result in the obligation to register many Polish entrepreneurs for VAT purposes
From 1st January 2018, the taxation rules for the services providers on the territory of Switzerland will change. For many Polish entrepreneurs, an obligation to register for VAT purposes on the territory of Switzerland will arise from the first transaction on the territory of Switzerland.
Partial amendment to the Swiss VAT Act will introduce significant changes for the majority of foreign companies, as its aim is to limit unfavorable VAT settlement rules for Swiss entrepreneurs in compare to the foreigners.
A new definition of the tax obligation on the territory of Switzerland
From 1st January 2018, the currently known CHF 100,000 limit will no longer apply to sales generated only in Switzerland, but it will cover all sales achieved by the company. Under the new regulation, the volume of worldwide turnover is binding for the arising of a tax obligations on the territory of Switzerland.
If the company will generate a sales level of over CHF 100,000 worldwide, it will be a subject to the Swiss VAT obligation starting from the first CHF generated on the territory of Switzerland.
New VAT rates
From 1st January 2018 new, lower VAT rates will enter into force in Switzerland. The basic rate will be reduced to 7,7% instead of current 8%. The special rate for accommodation services in the current amount of 3.8% will be reduced to 3.7%. Only the reduced VAT rate of 2.5% will remain at current 2.5% level.
Legal Alert Poland
How TAAC Solutions can support you?
If your services will result in a tax obligation in Switzerland, you must
in advance register as a VAT payer in Switzerland.
TAAC Solutions cooperates with Swiss consulting companies, which provide services of a VAT tax representative in Switzerland.
If you are interested in cooperation, please do not hesitate to contact us:
aleksandra.serafin@taacsolutions.pl
Contact:
Aleksandra Serafin
Tax advisor
+48 696 423 820
aleksandra.serafin@taacsolutions.pl
TAAC Solutions Sp. z o.o. Sp.k.
Tax & Accounting Advisory
ul. Hlonda 10/81
02-972 Warsaw – Poland
T: +48 22 412 85 12
www.taacsolutions.pl
We are happy to inform you that BALAJCZA provided simultaneous interpreting services during the international conference on the sustainability of supply chains.
The conference was organised under the SMART project financed under the EU Horizon 2020 funds and was held on 27 October 2017 in the headquarters of the Ministry of Development. During the event, both issues connected with supply chain management and the role of the state in promoting and ensuring an ethical supply chain were discussed. Examples from Poland and interesting solutions from other countries were presented.
The conference was organised by the Polish Institute for Human Rights and Business (PIHRB), Oslo University (Universitetet i Oslo (UiO), Cicero Centre for International Climate Research (CICERO Senter for klimaforskning) and Fafo, in cooperation with the Ministry of Development, with support from the Embassy of Sweden and the Embassy of the Kingdom of the Netherlands in Poland.
Should you require any conference services, please contact us by e-mail at: