The shortest way of answering this question would be “no”. Unlike some of the European countries, this jurisdiction doesn’t necessitate crypto businesses to apply for a license. In other words, there’s no such thing as a crypto license in Poland. Some might say that this puts Poland in a precarious situation with regard to the crypto economy, but the fact of the matter is that this European country still enjoys heightened interest from crypto start-ups and established businesses alike. This is largely due to Poland’s crypto-friendly stance. Even if there’s a license to be obtained, there are still many crypto-friendly regulations that make Poland a very tempting destination for those looking to do business in this space.

How do I get a crypto license in Poland?

If you want to do business in the cryptocurrency sector, you will have to register your business in accordance with its main business activity, i.e. a virtual asset service provider. In order to complete the process of registering your company, you will have to do the following:

• Register a physical address in the country;
• Send in the required paperwork related to the business itself and key personnel as well;
• Put the authorized capital of the company in the corporate bank account;
• Formulate AML and KYC policies and establish clear-cut rules for assessment and management of the risks.

When doing business in the country, you will also have to keep and verify the IDs of the clients and submit reports to the apt regulatory bodies.

Is it necessary to contact the local tax authority in crypto activities on behalf of a Polish company?

Every company working in Poland has to pay taxes. Even if you’re a foreigner, you stil have to pay taxes. In fact, your taxation situation might be more intricate and complex due to the presence or lack of double taxation agreements between the jurisdiction of your origin country and the destination country. You will have to set up an account and submit reports to Krajowy Rejestr Sądowy (aka National Court Register).

What are the activities of the crypto license in Poland?

The range of business activities that can be carried out by companies operating in the cryptocurrency sector is pretty varied. Here are the key ones:

• Exchanging cryptocurrency for conventional currencies, including US dollars, euros, pounds, etc.
• Exchanging cryptocurrency for another cryptocurrency
• Providing intermediary services in the field of crypto exchange
• Support accounts belonging to the clients

Can non-residents of Poland own a crypto company?

It’s fully possible for a non-resident to register a cryptocurrency business. In fact, the ability to do so was one of the things that made Poland such a popular crypto jurisdiction in the first place. There are many people out there that are perfectly willing to engage in cryptocurrency activities within a favorable, crypto-friendly environment.

Can non-residents of Poland be part of the board of a Polish crypto company?

There are no nationality or citizenship requirements for people to become part of the board of a Polish cryptocurrency company. Non-residents can freely appoint themselves as members of the board. That, once again, proves that this jurisdiction provides favorable conditions to people that are ready to do business in crypto.

Is it necessary to have a banking account to obtain a licence?

It’s definitely necessary to have a corporate account in order to run your company. Even if some of the other jurisdictions have laxer requirements when it comes to banking, Poland mandates that you have a business account with a local banking institution where you can move the funds. That’s the account into which you’ll be asked to deposit the entirety of the authorized capital. Most budding crypto business owners just deposit the minimal amount required because they want to optimize their cash flow in the long run without being pressured into keeping all the money in one place.

What is the minimum authorized capital for a virtual currency service provider?

Currently, the minimum amount of authorized capital for a virtual currency service provider is roughly EUR 1,055. This number is higher than what you get in some of the other European jurisdictions, but Poland in general is far from the cheapest option on the market. This jurisdiction is better suited for people who value reputation and professionalism, because it’s unlikely that they’ll encounter any kind of issues. This jurisdiction is well-known for its efficient regulation and generous tax incentives, so it’s well worth it to prepare more money to be deposited into your bank account.

For how long is a crypto-license issued?

There is no crypto license to be issued. Poland is one of the rare European countries that doesn’t have its own license in the field of cryptocurrencies. Therefore, you are not obligated to apply for one. You don’t have to receive accreditation or anything like that. There is no timeframe for how long the license will be valid since there’s no license in the first place.

Is it possible to deposit authorized capital in cryptocurrency?

There is no such opportunity. Even if Poland remains one of the most crypto-friendly countries out there, it still does not permit the deposits of capital in cryptocurrency. This country’s enthusiasm has its own limitations and it’s perfectly fine to work with fiat money as well. The same goes for other jurisdictions, as well – there are not too many countries that are ready to accept this important deposit in the form of cryptos.

Why should you get a crypto license in Poland?

There exists a certain level of success associated with people who operate out of Poland. It’s a very prestigious jurisdiction that is well-known across the globe. A crypto project registered in Poland is instantly more trustworthy and recognizable by the crypto community and as such, it can ensure wider exposure for your company. That’s certainly a positive factor, but the big advantage of being able to quickly create a crypto company in Poland is one of the biggest selling points. Speed and prestige are two of the things that this jurisdiction can offer. Furthermore, there are advantageous tax terms and many other features that allow you to dramatically improve and simplify your business.

 

If you are a new entrepreneur embarking on the journey of starting your own company, you’ve probably already realized that there is a lot that goes into it! It can be challenging and stressful, but entrepreneurship can also be a lot of fun, especially if it’s something you’re passionate about. If you’re in need of a little help, there are many who’ve come before you who’ll be able to offer helpful insights into what you can do to increase the success of your business. Here are 5 business tips for new entrepreneurs!

Hire Help

There are times in any entrepreneur’s life when they’ll need to hire help. You’re only human and simply cannot be expected to do everything yourself. For example, if you own a general contracting business, there’ll be many different types of jobs you’ll end up doing, and some of them may be a little out of your wheelhouse.

That doesn’t mean you have to turn them down though! Instead you may consider hiring a consultant or some other extra help so that you can get the job done properly and safely. If you have been hired to do home foundation repair, you will need to follow local ordinances so that everything is legal and safety is ensured. If this isn’t your forté, there’s no shame in hiring additional help – in fact it’ll actually make you look more professional!

Do Your Research

Doing as much research as you can whenever possible is an important step in growing your business and becoming better at what you do, especially if you’re brand new within your industry. Ask around and talk to others in your area to see if you can learn some information about what the market is like, what potential clients and customers may want to see more of, etc.

Properly researching everything beforehand will allow you to run your new business in a way that makes more sense and will save you a lot of time and stress in the long run.

Plan Ahead

When it comes to owning, running, or operating any type of business, one of the most important things you should be doing is planning ahead. Looking at a calendar and planning things out months in advance will allow you to stay on top of anything you have going on within your business.

Above all, it will help you to stay on budget, keep your staff informed, and be aware of anything on the horizon. This will help to ensure the longevity and overall success of your business, so don’t sleep on planning ahead!

Being a new entrepreneur isn’t a walk in the park, but once you get the hang of things and get your business to where you want it to be you’ll find it to be quite fulfilling! Good luck!

 

If you work in customer service or work personally with clients or other vendors for your business, building strong and respectful relationships is vital to continuing a positive brand reputation. But sometimes, whether intentionally or unintentionally, things might get said to a customer or client that could be hurtful or harm the business relationship. And because this can have a negative impact on your business, it’s best to avoid these kinds of things whenever possible.

To help you know just what you should be avoiding, here are three things to avoid saying when speaking to customers or clients.

Leading With A Negative

When speaking with your customers or clients, you may not always have good news for them. And while you want to be honest about what you can and can’t do for them, when responding to questions or concerns, it’s best to avoid leading with a negative.

When you speak with a customer or client, try to avoid starting off a sentence with the word “no”. Instead, seek to find alternative ways to go about getting your point across in a less negative way.

If you’re nervous about doing this on the fly, you can always craft scripts so that you can know exactly what to say to tough questions or requests rather than just responding with “no”.

Stating What Is Or Isn’t Company Policy

While there likely is company policy that you’re advised to follow when dealing with customers and clients, this is never something that you should use as a reasoning for why you can or can’t do something for them.

When you tell someone that something is or isn’t company policy, you make it seem like it’s not possible for there to be any wiggle-room here, which usually isn’t true. And while you might not be able to break with company policy in this case, there likely is something that can be done to better the situation in another way.

Telling Someone How To Feel

When working in customer service, it’s very common to have to deal with people who aren’t happy for one reason or another. And while you might not feel like their emotions are your fault, sharing this or telling them that they should calm down usually won’t prove to be successful for you.

As opposed to doing this, try to practice active listening and attempting to redirect their passion toward finding a solution that all parties can be happy with. And as you’re able to do this, they will automatically calm down without you having to suggest this to them at all.

If you want to have a better experience as you speak with customers and clients, consider using the tips mentioned above to help you learn what to say and what to avoid saying.

 

A legal career is one of the most globally well-respected career choices in cultures all over the world, so, pursuing a career as an attorney is an impressive career decision. And while it may not be the best career choice for everybody, it’s the perfect one for many. If you’re on the fence about whether pursuing a career in law is right for you, then here are some of the reasons you may want to consider.

Handsome Salary

According to the latest surveys, the average lawyer’s salary is approximately $125,000 a year— and that’s just the average salary. Some lawyers rake in millions a year, and there are even some billionaire lawyers in the world like Wichai Thongtang, a famous corporate lawyer in Thailand.

And while not all lawyers become billionaires, they still have one of the highest earning potentials out of all careers. Experts from Spar & Bernstein attorney office for immigration state that if you’re looking for a job that can offer a big return on your education costs, then a career in law is a great choice.

Helping Others

Although it’s no secret that lawyers earn a lot of money, there’s also the humanitarian aspect that comes along with helping others. The legal system can be overwhelmingly complicated, and lawyers are there to help their clients navigate the often complex ins and outs of laws. They’re there to represent their clients in the best possible light and win them a favorable decision for their legal problems.

Many lawyers opt to offer pro bono work for clients with low incomes such as victims of abuse. So, although the earning potential is appealing, for many, the opportunity to help others it’s worth far more than the salary.

Intellectual Stimulation

There is no shortage of intellectual challenges that go into arguing and debating in court. It’s a lawyer’s job to present the evidence and strategically find a way to convince the judge of their perspective. For people who love problem solving and being analytical, a job as an attorney is just about as stimulating as it can get.

Different Specializations

One of the best parts about a career in law is that there are all sorts of different specialization areas to choose from. If you’re passionate about a particular cause, then chances are that there’s an area of law that specializes in just that. From environmental law to victims of domestic abuse, becoming a lawyer is a great way to stand up for a particular niche that you feel is your calling.

Flexibility

While lawyers may work undoubtedly hard, they often have extremely flexible schedules. Not to mention, since the evolution of legal cloud software lawyers can go completely remote should they choose. If you’re looking for a career that offers the ability to set your own hours and work from home if need be, then a career in law is a great choice.

 

We have all become frustrated with digital marketing strategies that failed to live up to expectations. As a result, we are all left pondering what we could have done to make things right. Here are some digital marketing strategies that were proven to exceed your expectations in more ways than one:

Hire Influencers

Make sure the influencers you hire are in a niche similar to what you are offering. For example, if you have a restaurant, you must hire influencers that post about food on their social media channels. The rates for these influencers would depend on what you want them to do. For example, if you want to make them do a video blog and a social media post, it is going to be more expensive than just doing an Instagram story. There are influencers who would allow an x-deal if it is just an Instagram story, meaning you can just send them your items for free.

Mobile Marketing

We all know how everyone spends most of their time browsing the Internet through their mobile phones. It is what technology made us all do. Thus, better tailor your needs to how other people see your website on their mobile devices. You will certainly need web development experts here but it is going to be worth it. These days, you will only see people shopping online when they are at work. Of course, they can’t do that or else they would get fired. It would be safer for employees to shop online when they log out of work.

Content Marketing

Having experienced writers write about your brand in a way that nobody else can is always a smart thing to do. You can even have control over the topics. They can work their way around the topic and come up with a bunch of articles that you did not see coming. After all, you can write the articles yourself and see if that will work out. You can just download the right Grammar checking app so you can learn from your mistakes. It always pays to learn something new each day even if it is English grammar.

Social Media

Perhaps, one of the most popular marketing strategies is social media. these days, it is a must for your brand to have a Twitter account and Facebook page. Also, you should encourage all the people you know to follow your account somehow so you can set things straight. There are times when you can do a follow for following with some accounts. The best way to increase your followers would be to hold a contest. After all, everyone loves free things. Everyone would think of your brand in high regard when they see you have plenty of followers.

To make things easier for your brand, you must hire one of the top digital marketing companies in Ignite Digital. They have a lot of top-tier clients who have nothing but good things to say about them. Are you curious? Learn more about what they have to offer by clicking here.

Lack of productivity is a concern for many people— and rightfully so. It can be incredibly frustrating to find yourself at the end of the day scrambling to get everything done. Productivity doesn’t just hinder your work process, but it can even affect your overall well-being.

If you’re constantly feeling like you’re racing the clock, it will contribute to stress, and lead you to feel less confident about your work performance. Here are some of the best ways to boost your everyday productivity, and get the most out of every minute.

Use Technology

There are some things that you have to do manually. For example, sometimes customers need to talk to a real person, so handing them off to a chatbot or automated phone system is simply not an option. Yet, there are other manual and repetitive tasks that take up a large part of your day which could be delegated to software.

The right software can shave hours of time off of your day, and put valuable time in your schedule to do more important tasks than data entry. Get to know what programs are available for your specific tasks, and measure whether the price is worth investing. Usually, people find that automation software saves so much time that it’s well worth paying the price for.

Create a List

Lists are incredibly simple, yet very effective. Start every day off with a list and check each task off as you go. As you see each task completed, you’ll feel extremely motivated to keep going. Lists help you create a road map of your day and keep you on task if you start to get distracted. If you start to feel yourself not sure how you should be using your time, always refer to your list and check off the next to do.

Create Routines

One of the most common characteristics of productive people is that they have an established routine. Every day they do the same thing at the same hour, and as such it becomes a steady rhythm. They know that at a certain time of the day they devote their time to housework, while at other times of the day they are committed to completing work.

Mold your routine and schedule as needed, and get into the habit of following it every day. Soon it will start to become an instinct, and you’ll know when it’s time to play, and when it’s time to work.

Identify Your Distractions

One of the leading causes of lack of productivity is plain old distraction. Get to know what your distractions are, and eliminate them if possible. Perhaps it’s the TV, or maybe it’s your phone. Whatever it is that is stopping you from getting everything done, get rid of it as soon as possible