PMR Online access    |   tel. +48 12 340 51 00    |   E-mail: info@pmrcorporate.com
 


 

Overhaul of business regulations a step closer


2010-11-17



The Permanent Committee of the Council of Ministers on 15 November approved draft legislation designed to reduce administrative barriers to business in Poland.

The stated objective of the draft law, which is to take effect in mid-2011, is to cut red tape and slash real costs of doing business by reducing the number of required permits, licences, registrations and authorisations and easing the various reporting requirements, as well as to improve access to the professions. The document also envisages a sharp reduction of maximum fines that can be imposed on companies to 3% from 10% of annual revenues.

Altogether the draft law contains proposed changes to 96 business regulations. In 76 cases, it replaces statutory declarations or certificates with statements, a less onerous requirement, and simplifies the provisions of a further 26 regulations; it also removes some penal sanctions from three laws.

An analysis of 209 business regulations by the Ministry of Economy has revealed that no fewer than 129 laws provided for various regulatory requirements such as concessions, licenses, approvals, permits etc., often formulated in a less-than-clear manner and giving undue discretionary powers to officials.



Browse and search in our archive »


subscribe to PMR RSS NEWS channelsSubscribe to PMR RSS NEWS channels »




Free monthly e-letter containing latest news, analyses and business information on economic situation in Poland, Russia, Bulgaria, Czech Republic, Hungary, Romania, Slovakia, Ukraine, Kazakhstan.
Relevant news
 

Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.