HLB Poland

17/07/2026

A Polish statutory audit cannot be left until after the year-end closing.

For companies operating in Poland, especially foreign-owned subsidiaries, the audit should be coordinated with inventory counts, corporate approvals, statutory reporting and group deadlines.

✅ Check the statutory audit requirement before year-end.

For many entities, an audit is mandatory when at least two of three thresholds were met in the preceding financial year: 50 full-time equivalent employees, EUR 3.125 million in total assets or EUR 6.25 million in net sales revenue.

📌 Appoint the audit firm before material inventory counts.

The auditor may need to observe physical counts. The first statutory audit agreement must generally cover at least two years.

⚠️ Use the correct corporate procedure.

The audit firm is normally appointed by the body authorised to approve the financial statements, not independently by the management board.

❗ Plan approval and KRS filing deadlines.

Annual financial statements should generally be approved within six months of the balance sheet date and filed with the National Court Register within 15 days of approval.

🌐 Foreign-owned companies should also reconcile Polish statutory accounts with IFRS or other group reporting requirements.

Early planning reduces late adjustments, reporting inconsistencies and deadline risk.

👉 Read the full step-by-step guide to financial statement audits in Poland.

Learn when an audit in Poland is mandatory, which thresholds apply, how to appoint an auditor and what filing deadlines companies must meet.

15/07/2026

For companies operating in Poland, statutory audit should not be treated as a technical year-end formality.

For limited liability companies and partnerships, the obligation may arise when at least two out of three statutory thresholds are exceeded:
- 50 FTEs
- EUR 3.125m in total balance sheet assets
- EUR 6.25m in net sales revenue

The key point for CFOs: the thresholds do not require all three criteria to be met. A company may trigger the audit requirement through revenue and assets, even with a relatively lean headcount structure.

There is also an FX component. The EUR thresholds are converted using the NBP exchange rate as at the last day of the financial year. As a result, audit status should be reviewed before year-end closing — not only after the accounts are prepared.

From a board perspective, late identification of the audit obligation may create avoidable pressure around auditor appointment, reporting deadlines, shareholder approvals and filing. https://bit.ly/4eZK78i

13/07/2026

We’re excited to present the official video recap of the 14th editi...

13/07/2026

10/07/2026

In Poland, not every statutory audit obligation depends on size thresholds.

Certain entities are subject to mandatory audit regardless of revenue, assets or headcount. This includes, among others, joint-stock companies, banks, insurance and reinsurance undertakings, financial institutions, investment and pension funds, and securities issuers.

This distinction matters for boards and finance leaders.
A company may not exceed the standard thresholds and still be required to have its financial statements audited due to its legal form or regulated activity.

For CFOs, the audit assessment should therefore start with two separate questions:
Are we an entity always subject to statutory audit?
If not, do we exceed the applicable threshold criteria?

Treating audit status purely as a numerical threshold exercise can lead to incorrect conclusions.

From a governance perspective, the audit requirement should be mapped early in the reporting calendar, documented internally and reflected in the timetable for approval and filing of financial statements.

Read more: https://bit.ly/4eZK78i

25/06/2026

ETS2 may increase fuel costs for Polish road transport companies.

Although transport companies will generally not purchase emission allowances directly, ETS2 may affect them through higher fuel prices — with consequences for cost per kilometre, contract margins and cash flow.

📌 Fuel costs may change route and contract profitability
Companies should calculate the real cost per kilometre by vehicle, route, client and contract — not only at company level.

📌 Long-term contracts without fuel clauses may become riskier
Fuel clauses, indexation mechanisms and objective price indicators may be necessary to avoid absorbing cost increases internally.

📌 Higher fuel invoices may affect VAT and liquidity
Even where VAT remains deductible, the company may still need to finance a higher gross fuel cost before settlement and customer payment.

📌 Fleet decisions should be based on total cost of ownership
Diesel dependence, leasing costs, servicing, insurance, energy costs, possible subsidies and residual value should be analysed before investment decisions.

📌 Management reporting becomes a profitability tool
Regular reporting on margins, cash flow, vehicles, routes and clients may help identify unprofitable contracts earlier.

ETS2 should not be treated only as an environmental regulation. For transport companies in Poland, it is also a financial, accounting and contract management issue.

👉 Read the full article

How ETS2 may affect transport companies in Poland through fuel prices, transport costs, contracts, cash flow and financial planning.

25/06/2026

KSeF number assignment may determine when input VAT can be deducted.

For companies operating in Poland, VAT deduction under the National e-Invoicing System depends on how the invoice was issued and received: directly in KSeF, outside KSeF despite the obligation, or in offline/offline24 mode.

📌 Invoice issued directly in KSeF
A structured invoice is considered received on the date on which the KSeF number is assigned. This date may be decisive for determining the VAT deduction period.

📌 Invoice issued outside KSeF despite the obligation
The buyer should not automatically lose the right to deduct VAT if the invoice documents a genuine transaction, meets formal requirements and the general VAT deduction conditions are met.

📌 Offline or offline24 invoice
The company should verify whether the invoice was later submitted to KSeF and when it received a KSeF number. This may affect the timing of VAT deduction.

📌 VAT-exempt taxpayer does not always mean no KSeF obligation
If a VAT-exempt entrepreneur is required to issue an invoice, or voluntarily documents a sale with an invoice, KSeF may still apply. A bill is not a freely interchangeable substitute for an invoice.

KSeF should be treated as a VAT process change — not only an IT implementation.

👉 Read the full article to check how invoice type affects VAT deduction and invoicing obligations in Poland.

18/06/2026

We’re proud to share that HLB has once again been recognised among the Top 100 Global Most Loved Workplaces®.

Across our global network, thousands of people help shape a culture built on openness, collaboration, and trust — a place where ideas are welcomed, relationships matter, and everyone has the opportunity to make a meaningful impact.

Thank you to our people and member firms around the world for your dedication, energy, and contribution to making HLB such a strong and connected community. Our network is only as strong as the people behind it 👏

Read The Economist’s coverage of this year’s Top 100 Global Most Loved Workplaces® and explore the full ranking 👉 https://bit.ly/4veir6x

01/06/2026

This we once again supported MOPS Wrocław in promoting foster parenting.

Together with our partner companies, we were proud to support this meaningful local initiative and help amplify its message in the community.
Last week, the campaign took place at the Market Square in Wrocław, where residents had the opportunity to learn more about foster parenting and the vital role foster families play in children’s lives.

We are proud to support initiatives that strengthen our local community and make a real difference.

27/05/2026

✅How do strong advisory capabilities translate into global impact?

HLB Global Annual Review 2025 highlights a well-balanced service portfolio, with Advisory leading at US$ 1.93BN, followed by Audit & Assurance at US$ 1.77BN, Tax at US$ 1.63BN, and Accounting at US$ 1.09BN.

This distribution reflects the strength of a network built to support clients across markets, sectors, and increasingly complex business challenges. It is also a clear sign of sustainable growth driven by expertise, collaboration, and long-term client value.

Read the review to explore the full picture behind the numbers. 👉

https://bit.ly/3ORj3z0