We provide fiscal representative services to qualified real estate companies, so that they can comply with the obligation imposed by the provisions of the Corporate Income Tax Act.
The following are required to appoint a fiscal representative:
- companies that qualify as a real estate company, which do not have their registered office or management board in Poland and are not subject to income tax on their total income in a European Union Member State or in another state belonging to the European Economic Area, regardless of the place of its generation
- in practice, this obligation mainly applies to non-EU and EEA entities or any tax transparent entities (including those from the EU and EEA)
NOTE! In case of a failure to comply with the obligation to appoint a fiscal representative, the real estate company is subject to a pecuniary penalty of up to PLN 1,000,000.
Collaboration with us includes:
- preliminary review of reporting obligations of real estate companies
- carrying out the process of registration of real estate companies for CIT purposes in Poland, if necessary
- CIT settlements on the disposal of shares (stocks), all rights and obligations, participation titles or rights of similar nature in a real estate company (performing the duties of a tax remitter)
- keeping and maintaining documentation and records for CIT purposes in accordance with the Polish tax law
- preparing and submitting CIT-ISN declarations on behalf of our clients
- assistance in drafting, updating and submitting to tax authorities information on the shareholding structure of real estate companies in accordance with the Polish regulations
- assisting or representing our clients in contacts with tax administration authorities
- advisory on day-to-day tax issues, in particular with regard to activities performed by foreign entities which are taxable or reportable in Poland
More information about
Fiscal representative for real estate companies
