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Our startup is split between Silicon Valley and Poland. I would say the biggest problem with the current government are taxes. Desperate to fund the socialist p
by kozikow 9y ago
Our startup is split between Silicon Valley and Poland. I would say the biggest problem with the current government are taxes. Desperate to fund the socialist policy of "500+", the government changes the "interpretation" of the current tax code. Suddenly programmers are taxed at a higher rate: e.g. https://www.wykop.pl/link/4196755/informatycy-nie-moga-byc-pewni-pit-ow-za-ubiegle-lata/ https://www.wykop.pl/link/4196755/informatycy-nie-moga-byc-p... . Besides that, the government tries to be friendly to tech startups.
Another problem is GDPR. It sounds like the life of European startups is going to get much harder.
One potential upside is EU funding. Having used both VC and EU funding I am not sure if it's really worth it, even if it's equity free.
- thraway180306 9y agoPolish tax code and adjudication has been a mess for a very long time. The actual rates have not changed, interpretations do change constantly and you can't get a binding one. There is no such thing. You can officially request some advice from the ministry explaining what the dues are in your case, but what this says is not binding for the revenue service if they choose not to refrain from harassing you with their creative interpretations. Combined with lack of precedence law every issue becomes a potential court gamble (and it is a gamble) if not resolved amicably. That this is new is just hot air about the current government (despicable for other good reasons).