Poland Falls In “World Bank” Ranking

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Poland falls to the 33rd position among 190 economies all over the world in the ranking of the friendliest economies for business. This is a fall by 6 positions in comparison to the previous year.

Doing Business report has been published for a continuous period of time since 2013. The World Bank discusses and compares the conditions for running a business in 190 countries all over the world. The report consists of analyses on regulations such as: establishing a business, obtaining permits, paying taxes, gaining credits as well as international exchange or labor market. 

Despite the significant fall in the Doing Business 2019 ranking, Poland is assessed very well. One of the positive factors is range of international commerce.

This worse position of Poland in the ranking in comparison to last year results from extended time for paying taxes by entrepreneurs – says Carlos Piñerúa, Representative of the World Bank, Poland and Baltic Countries.

The number of hours for reckoning necessary for tax return has increased from 260 to 334 in comparison to the last year’s ranking.

According to the latest Doing Business report, Poland is still among countries with the best conditions for running a business. Its stable assessment in the report is a reflection of numerous reforms brought into life in the last 10 years – says Piñerúa. – Similarly to the previous years, Poland is assessed very well in the field of international commerce service, access to loans for companies and bankruptcy procedures – Piñerúa.

New Zealand won this year’s edition of the ranking. The podium also belongs to Singapore and Denmark.

 


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