Poland : Setting up company to buy property

Z

z106

Guest
I am getting conflicting reports from different sources as to whether I need to set up a compnay or not if I want to buy more than 1 property in poland.

Can anyone confirm either way please?
 
You could ask the question on Askaboutproperty. It specialises on Poland.

AFAIA there are implication under Irish Law about taking money from a company even if the company is registered abroad. Any money received by way of profit on Rental income or profit on sale of property is treated as income and taxed at your marginal rate probably 41% plus at least 2% PRSI (health Levy).
Get professional tax advise on this aspect in both countries if you intend going down this route.
 
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