27/02/2026
Family Foundation Audit – What You Should Know
Family foundations have been operating in Poland since 2023.
Due to their asset management and succession planning nature, the legislator introduced a mandatory family foundation audit.
👉 It is not the same as a financial statement audit.
What does the audit cover?
✔ assessment of asset management
✔ analysis of liabilities (including public-law obligations)
✔ verification of compliance with the law, the foundation’s statutes, and its purpose
It is a review of the foundation’s overall operations – not just its financial figures.
Is it mandatory?
Yes.
• at least once every 4 years
• annually, if the financial statements are subject to statutory audit according to Polish Accounting Act
There are no financial thresholds.
Who may conduct the audit?
✔ a team consisting of: a statutory auditor, tax advisor, advocate/attorney-at-law
At TAXENBACH, we combine audit, tax, and legal expertise to provide comprehensive support in family foundation audits.