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VAT Exemptions for SMEs in the EU: Webinar by Ministry of Finance on 21.11.2024

  • Webinar by the Ministry of Finance on the special VAT exemption procedure for small and medium-sized enterprises (SME) took place on November 21, 2024
  • The SME procedure will be in effect in Poland from January 1, 2025, aiming to facilitate business activities for SMEs on the EU market
  • The procedure is designed to support cross-border trade and adapt regulations to the changing needs of entrepreneurs
  • Changes in the Polish VAT law were explained, including conditions for SME procedure eligibility such as annual turnover limit of 100,000 euros
  • Information on filling out forms and submitting documents through the e-Tax Office was provided during the webinar
  • A section dedicated to the SME procedure will be launched on the tax.gov.pl portal with answers to questions from the webinar chat
  • More detailed information on the SME procedure can be found in the presentation attached to the communication.

Source: gov.pl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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