The ISO code of Poland is PL according to the ISO 3166 standard. The local name of the country is Polska. Poland capital city is Warsaw. People in Poland speak the Polish language. In the year 1945, Poland emerged as a sovereign political entity. The largest cities in Poland are Warsaw, Katowice.
Poland is located in the UTC +01:00 time zone, which is also called Central European Time or CET. The internet country code top-level domain (ccTLD) for Poland is .pl. Other domains assigned to Poland are .eu. The domain name .eu is available for use by organizations in and residents of European Union member-states. The International dialing code for Poland is 48. People in Poland drive on the right side of the road. Total land area of Poland is 312,679 km² (approx. 120,725 mi²). Poland is not a landlocked country. It means that is is bordered by at least one major body of water.
Poland is located in Europe. Poland is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.
Currently Poland faces various issues, including serious air pollution steming from sulfur dioxide emissions from coal-fired power plants, and the resulting acid rain that causes forest damage, water pollution from industrial and municipal sources is also a problem, as is disposal of hazardous wastes, pollution levels should continue to decrease as industrial establishments bring their facilities up to EU code, but at substantial cost to business and the government.
Doing business in Poland
We offer various corporate services in Poland jurisdiction. These services can serve both, people coming from Poland and foreigners. If you plan on doing business in Poland you might be interested in contacting us.
To find out about starting your business in Poland click on company formation in Poland.
To find out how to open a bank account in Poland and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Poland.
Choose preferred service below or continue reading to find out more about Poland.
Demographics of Poland
The total population of Poland is 38,104,832 people. In Poland, the population density is 123 people per square kilometer (320 per square mile). Because of this statistic, this country is considered to be densely populated. The ethnic diversity is almost uniform according to a fractionalization scale which for Poland is 0.1183. Poland has approximately 619403 foreign immigrants. The median age is approximately 39.5 years. In Poland, 65 in every 100 people use internet. Poland has a Human Development Index (HDI) of 0.834.
The majority religion of Poland is Christianity, Poland is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Poland.
Culture of Poland
People in Poland speak the Polish language. According to data on inbound tourists in Poland, 15,800,000 tourists arrive in the country each year. The first McDonalds in Poland was opened on 17 June 1992, and it was located in Marszałkowska Street, Warsaw. One of the most popular national dishes of Poland is bigos. To read more click on culture of Poland.
Geography of Poland
Poland is considered to be a large nation because of its total area. Its total land area is 312,679 km² (approx. 120,725 mi²). Poland is located in Europe. Its capital city is Warsaw. Poland has 7 neighbouring countries. Its neighbours include Belarus, Czech Republic, Germany, Lithuania, Russia, Slovakia, and Ukraine. Total length of land borders of Poland is 3071 kilometers (~1,186 miles).
The highest point of Poland is Northwestern peak of Rysy, with its official height being 2499 m (8,199 ft). Including land mass and EEZ, the total area of Poland is approximately 342,476 km² (~132,230 mi²). The most notable natural resources found in Poland are coal, sulfur, copper, natural gas, silver, lead, salt, amber, arable land.To read more click on geography of Poland.
Economy of Poland
The currency of the country is Polish zloty. The symbol used for this currency is zł, and it is abbreviated as PLN. 4.5% of population in the country are unemployed. The total number of unemployed people in Poland is 1,714,717. Each year, Poland exports around $202.3 billion and imports roughly $207.4 billion. The Gini Index of the country is 34.1. Poland has a Human Development Index (HDI) of 0.834.The Global Peace Index (GPI) for Poland is 1.43. Poland has a government debt of 57.2% of the country's Gross Domestic Product (GDP), as assessed in 2012. Poland is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are machine building, iron and steel, coal mining, chemicals, shipbuilding, food processing, glass, beverages, textiles.
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Poland is $959,845 billion. Each year, consumers spend around $320,196 million. The ratio of consumer spending to GDP in Poland is 0%, and the ratio of consumer spending to the world consumer market is 0.74. The corporate tax in Poland is set at 19%. Personal income tax ranges from 0% to 32%, depending on your specific situation and income level. VAT in Poland is 23%. To read more click on economy of Poland.
Infrastructure of Poland
Infrastructure quality in Poland is rated to be at 3.08. It indicates a satisfactory quality - roads, railroad, ports and other facilities are able to handle significant traffic at all times and are also suited to various types of transport vehicles and vessels.
In Poland, 100% of the population has access to electricity. There are 13,265,000 internet hosts in Poland. Poland has 126 airports nationwide.
The logistics performance index of Poland is 3.49. It indicates a satisfactory performance - in general, traffic is handeled well, some flaws in certain areas are possible, but overall the logistics system performs reliably and is ready to handle predictable amounts of traffic.
Tracking possibilities for shipments are rated at 3.54. It indicates a satisfactory performance - the tracking systems provide all the basic information as well as additional data about shipments; most of the times it also has a weel established cooperation with foreign and international tracking systems, as well as usually provides information in multiple languages.
The number of road motor vehicles per 1000 inhabitants in Poland is 548. To read more click on infrastructure of Poland.
Politics of Poland
Poland, is a parliamentary republic. With regard to political and civil freedoms, Poland is 1. Citizens in Poland experience total freedom. The majority of countries in which citizens enjoy expansive civil liberties and political freedoms are representative democracies, in which officials are directly elected by citizens to advocate for their needs and desires. Free countries are often bolstered by healthy economies and high-functioning governments. The head of the government is Andrzej Duda.
According to the World Bank Group, the government effectiveness index of Poland is 0.82. This indicates that the government of Poland is effective. Citizens enjoy well-organized public and civil services, and government efficiency is high. While some services may be lacking in certain areas, the overall environment fostered by government legislation is favorable.In Poland, the legislative power is vested in a National Assembly. The Global Peace Index (GPI) for Poland is 1.43. The strength of legal rights index for Poland is 7. Overall, it is considered to be rather adequate - bankruptcy and collateral laws are able to protect the rights of borrowers and lenders at least decently; credit information is msotly sufficient and generally available. Poland is a member of the United Nations (UN). On 24 October 1945, it joined the UN at it inception date as a full member state. Poland is one of the original UN member states who founded the organization. Poland is a member of the European Union (EU). On 24 October 1945, it joined the EU as a full member state. Poland is a member of the World Bank. To read more click on politics of Poland.
Environment of Poland
Poland emits 8.3 metric tons per capita of CO2. 90000 km² of Poland's territory is covered in forests. and forest land comprises 29% of all the land in the country. The number of road motor vehicles per 1000 inhabitants in Poland is 548. To read more click on environment of Poland.
Company formation in Poland
The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Poland.
When establishing a company in Poland, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Poland that will affect the establishment and growth of one's business. Contact us or click on company formation in Poland to read additional information when setting up a business.
Bank account opening in Poland
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Poland. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.
When considering opening a bank account in Poland, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Poland or contact us.