An Introduction to Doing Business in China 2024/25 for Polish Companies – New Publication Out Now

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An Introduction to Doing Business in China 2024/25 for Polish Companies out now and available as a complimentary download. This publication is from Dezan Shira & Associates in collaboration with the Polish Investment and Trade Agency.

Evolving China-Poland ties and the timeliness of this guide

Poland’s economy has shown remarkable resilience since the 2008 financial crisis, moving beyond just being part of global supply chains. Despite challenges from the 2020 pandemic and regional conflicts, Polish firms have adapted quickly with agile policies, improved logistics, diversification (including the China+1 strategy), and technology investments, all by maintaining their supply chain stability. By 2023, Poland ranked 21st among global exporters, with machinery, automotive parts, textiles, and furniture leading exports.

Doing Business in China 2024_25 for Polish Companies_cover

Polish SMEs are increasingly attracting Chinese investments to tap into its innovative products. Following President Duda’s visit to China in June 2024, five key agreements were signed, further strengthening Poland-China relations, including a new visa-free policy for Polish citizens.

As the engagement between China and Poland continues to deepen, it becomes crucial for Polish companies aiming for success in China to understand its market dynamics, regulations, and rapidly evolving consumer preferences.

This business guide, developed by Dezan Shira & Associates in collaboration with the Polish Investment and Trade Agency (PAIH), supports Polish businesses in their first steps towards implementing their China strategy. It offers the latest updates on doing business in China and insights into the Sino-Polish relationship, making it a valuable tool to navigate opportunities for success from 2024/25 onwards.

Key content of this guide

The Introduction to Doing Business in China 2024/25 for Polish Companies covers the following topics:

  • China’s changing business landscape and the opportunities it brings
  • Poland-China trade and investment data
  • Establishing and running a business for lawyers and finance specialists
  • Mergers and acquisitions
  • Taxation for businesses and individuals
  • Transfer pricing peculiarities
  • Financial reporting and audit
  • Human resources, recruiting, and payroll
  • Cybersecurity, data protection, and cross-border data management

Within these chapters, we also discuss the newest company law, traditional and innovative investment models, intellectual property considerations, technology and cloud accounting, labor law issues, employment contracts, and the evolving data and cybersecurity compliance requirements in China.

Dezan Shira & Associates presence in Europe

Europe maintains substantial trade and investment connections with Asia. As various regions in Asia experience rapid development, and with the EU actively pursuing trade agreements with Asian counterparts, there is a wealth of opportunities for European investors in the region.

Incorporated in Munich in January of 2021, Dezan Shira & Associates’ European presence serves as a first point of contact for European companies wishing to do business in Asia. In both the Munich and Milan offices, our European-based team works with a variety of partners to educate businesses on the economic performance and regulatory environment of developing Asian economies.

The Polish Investment & Trade Agency (PAIH)

The Polish Investment and Trade Agency (PAIH) is an advisory institution that is part of the Polish Development Fund (PFR) Group. It is the first point of contact for exporters and investors. It operates both in Poland and through its network of offices around the world. It strengthens the recognition of Polish brands on international markets and promotes domestic products and services as well as technological solutions made in Poland. The agency helps entrepreneurs choose their optimal path of expansion abroad. It also supports the inflow of foreign direct investment to Poland and the implementation of Polish investments in the country. PAIH cooperates with the public sector and regional partners, offering, among other things: training, audit and promotion of investment properties, cooperation in the organization of business missions, and communication support in the implementation of joint projects.

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About Us

China Briefing is one of five regional Asia Briefing publications, supported by Dezan Shira & Associates. For a complimentary subscription to China Briefing’s content products, please click here.

Dezan Shira & Associates assists foreign investors into China and has done so since 1992 through offices in Beijing, Tianjin, Dalian, Qingdao, Shanghai, Hangzhou, Ningbo, Suzhou, Guangzhou, Dongguan, Haikou, Zhongshan, Shenzhen, and Hong Kong. We also have offices in Vietnam, Indonesia, Singapore, United States, Germany, Italy, India, and Dubai (UAE) and partner firms assisting foreign investors in The Philippines, Malaysia, Thailand, Bangladesh, and Australia. For assistance in China, please contact the firm at china@dezshira.com or visit our website at www.dezshira.com.