HARD BREXIT WILL AFFECT THE CUSTOMS PROCEDURES AND SIMPLIFICATIONS FOR BRITISH ENTITIES

As a result of Brexit agreement, 01 February 2020 was a first day of transitional period of withdrawal of the United Kingdom from the European Union, which will last until the end of 2020. If the free trade agreement between United Kingdom and European Union will not enter into force at the beginning of 2021, the end of transitional period will result with the hard Brexit.

BREXIT: BRITISH ENTITIES WILL HAVE TO APPOINT A TAX REPRESENTATIVE IN POLAND

Brexit is likely to happen on 29th March 2019. This will result with significant changes of the position of British entities from the perspective of EU tax and duty law. One of those changes refers to a status of British companies registered in Poland for the VAT purposes.