Poland
Measures taken in response to coronavirus (COVID-19) pandemic
Adoption date |
Type of measure |
Beneficiaries' sector specification |
Description of measure |
17/03/2020 |
Public guarantees |
Other |
Extension of special conditions for BGK's de minimis credit guarantees for SMEs to the end of June 2022 - exposure is covered in 80%, 0% guarantee fee and duration of the guarantee extended to 75 months for working capital loans and 120 months for investment loans. Extension of BGK's guarantees secured leasing transactions in the form of guarantees on financial leasing and leasing loans, with counter-guarantees from the European Investment Fund and granted from the Pan-European Guarantee Fund to the end of June 2022. In the case of leasing guarantees BGK's guarantee for the final beneficiary is 80% of the outstanding capital, the EIF counter-guarantee rate amounts to 70% of the BGK guarantee, the remaining part of BGK's risk share is 30% of the guarantee, guaranteee fee is on the level of 0,3%, the aid is channelled indirectly through leasing companies. |
17/03/2020 |
Public guarantees |
All non-financial sector |
Increase of export guarantees |
17/03/2020 |
Public loans |
Non-financial corporations |
Loans of up to PLN 5 ths for micro-corporations |
17/03/2020 |
Public loans |
Non-financial corporations |
Support in payments of loan interest for corporations |
17/03/2020 |
Other measures of fiscal nature |
Non-financial corporations |
Recapitalization/purchase of subordinated bonds of SMEs and large NFCs. |
17/03/2020 |
Direct grants |
All non-financial sector |
Co-financing of part of the employee remuneration costs and due social security contributions; Co-financing of business activities conducted by natural persons not hiring employees |
17/03/2020 |
Tax reliefs |
All sectors |
Postponement of payment of social contributions and possible deferral, payment in installments, or cancellation of taxes; |
17/03/2020 |
Tax reliefs |
All sectors |
Possibility of retroactive settlement of tax losses in PIT and CIT. Taxpayers will be able to deduct the loss incurred in 2020 under certain conditions from income earned in 2019. To this end, taxpayers will submit a proof of tax return for 2019 and receive a refund. |
31/03/2020 |
Public guarantees |
All sectors |
Credit Guarantees and Guarantees for Factoring Transactions granted by BGK in accordance with the provisions of ‘’Temporary Framework for State aid measures to support the economy in the current COVID-19 outbreak’’. Guarantees could be granted up to the end of June 2022. |
31/03/2020 |
Tax deferrals |
N/A |
Postponement of deadlines to June 1 for tax PIT remitters (employing enterprises) for transferring the tax advance payments and lump-sum income tax |
31/03/2020 |
Tax reliefs |
N/A |
Increase of the limits for some benefits exempt from PIT |
31/03/2020 |
Tax reliefs |
N/A |
Introduction of new tax exemptions in PIT for downtime benefit, food and accommodation of employees |
31/03/2020 |
Tax reliefs |
N/A |
One-off depreciation in PIT and CIT |
31/03/2020 |
Tax reliefs |
N/A |
Using R&D tax relief during the tax year |
31/03/2020 |
Tax reliefs |
N/A |
Using IP Box preference during the tax year |
31/03/2020 |
Tax deferrals |
N/A |
Postponement of the deadline to pay tax on revenues on immovable properties. |
31/03/2020 |
Tax reliefs |
N/A |
Excluding the application of regulations in income taxes regarding the so-called bad debts |
31/03/2020 |
Tax reliefs |
N/A |
Option to opt out of simplified advances in 2020 and to calculate monthly advances on current income |
31/03/2020 |
Tax deferrals |
N/A |
Postponed deadlines for annual CIT tax returns 2. The postponement of the deadline for filing the annual CIT tax return and tax payment for taxpayers which tax year ends between December 1, 2019 and March 31, 2020 for non-governmental organizations and taxpayers achieving only tax-exempt income, as well as taxpayers operating in the public benefit sphere, if their revenues from this activity constitute at least 80% of all revenues. The deadline for such taxpayers will be postponed to July 31. |
31/03/2020 |
Tax deferrals |
N/A |
Has been extended for CIT taxpayers: • the deadline for sending by legal persons, organizational units without legal personality and natural persons who are entrepreneurs whose tax year ended in the period from December 31, 2019 to January 31, 2020, the information referred to in art. 26 section 3 point 2 of the CIT Act (IFT-2R), by the end of the fifth month of the year following the tax year in which the payments listed in art. 26 section 1 of this Act. |
19/06/2020 |
Other measures of fiscal nature |
All non-financial sector |
Improvement of the financial liquidity of local government entities. A number of solutions have been introduced to local government units in combating the consequences of the spread of coronavirus through: - easing in 2020 a fiscal rule limiting debt by the amount of actual loss in the entity's tax income resulting from the COVID-19 epidemic. For 2021 and subsequent years, current expenses of the regional government units' budget are reduced by current expenses incurred in 2020 to implement tasks related to counteracting COVID-19. At the end of the financial year 2020, the total amount of debt of a regional government unit may not exceed 80% of the total income of that unit in that financial year; |
14/05/2020 |
Tax reliefs |
Households |
Benefits received under the COVID-19 Act by farmers and their family members (domestic residents) subject to compulsory quarantine, epidemiological surveillance or hospitalisation in connection with COVID-19 are also exempt from PIT. |
16/04/2020 |
Public loans |
All sectors |
State Treasury Guarantees granted by law to cover the repayment of bonds issed by the Polish Developmnet Fund to finance the goverment programme "Financial shield for enterprices", which suffered from Covid-19 |
31/03/2020 |
Public guarantees |
Other |
State Treasury Guarantees granted by law to cover the repayment of bonds issed by the BGK to finance the expenditures of Covid-19 Fund established in BGK. |
31/03/2020 |
Other measures of fiscal nature |
All sectors |
Suspension of the deadline to submit MDR information. |
19/06/2020 |
Other measures of fiscal nature |
All sectors |
During the period of pandemic due to COVID-19, as well as during the next 2 months after its cancellation, the place of residence and registered office of the taxpayer for tax purposes may be confirmed by a copy of the residence certificate, if the information resulting from the submitted copy of the certificate residences do not raise justified doubts concerning the facts. |
31/03/2020 |
Tax deferrals |
Other |
Postpone the entry into force of the Act on retail tax |
31/03/2020 |
Tax reliefs |
Other |
Introducing the possibility of exemptions from the real property tax for a group of entrepreneurs whose financial liquidity has deteriorated due to incurring negative economic consequences due to COVID-19. |
31/03/2020 |
Tax deferrals |
Other |
Introducing the possibility to postpone the payments of real poprety tax for a group of entrepreneurs whose financial liquidity has deteriorated due to incurring negative economic consequences due to COVID-19. |
19/06/2020 |
Tax reliefs |
Other |
Tax exemption granted to certain natural persons receiving a donation useful in counteracting the effects of the COVID-19 |
17/04/2020 |
Tax reliefs |
Other |
Introducing the possibility of exemptions from the real property tax for the public benefit organizations or other non-profit organizations whose financial liquidity has deteriorated due to incurring negative economic consequences due to COVID-19. |
17/04/2020 |
Tax deferrals |
Other |
Introducing the possibility to postpone the payments of real poprety tax for the public benefit organizations or other non-profit organizations whose financial liquidity has deteriorated due to incurring negative economic consequences due to COVID-19. |
13/11/2020 |
Tax deferrals |
All non-financial sector |
Granting tax reliefs on the basis of art. 67a of the Tax Ordinance Act constitute public aid aimed at remedying serious disturbances in the economy. |
N/A |
Private moratoria |
All non-financial sector |
Individual clients, micro and small entrepreneurs: 2. Revolving products (overdrafts, credit cards) which do not meet the standard conditions for renewal until 30 September 2020: renewal for a period of up to 6 months. |
19/06/2020 |
Public moratoria |
Households |
The performance of the agreement is suspended as of the date of delivery of the application to the creditor, for the period specified by the borrower in the application, not longer than 3 months.
|
18/01/2021 |
Private moratoria |
All non-financial sector |
Individual clients, micro and small entrepreneurs:
|
09/12/2020 |
Direct grants |
Non-financial corporations |
Grant of up to PLN 5 ths for micro- and small corporations |
19/01/2021 |
Direct grants |
Non-financial corporations |
Grant of up to PLN 5 ths for micro- and small corporations |
16/12/2020 |
Tax reliefs |
All non-financial sector |
Suspension of collecting the market place charge |
16/04/2021 |
Public guarantees |
All sectors |
Lease and loans guarantees with counter-guarantees from the European Investment Fund and granted from the Pan-European Guarantee Fund (PFG). The fund aims to protect the EU economy from the effects of the COVID-19 epidemic. |
01/07/2021 |
Direct grants |
Non-financial corporations |
Grant of up to PLN 5 ths for micro- and small corporations |
20/12/2021 |
Direct grants |
Non-financial corporations |
Grant of up to PLN 5 ths for micro- and small corporations |
18/03/2020 |
SyRB |
Banking sector |
Release of the previously applicable 3% Systemic Risk Buffer |
26/03/2020 |
Other measure |
Banking sector |
Retention of all profit generated in previous years by banks and insurance companies |
18/03/2020 |
Other measure |
Non-financial corporations |
PFSA has prepared a proposal of a regulation allowing banks to extend the maturity/restructure the working capital loans to the existing SME/micro enterprises, on the basis of previously made creditworthiness assessment |
18/03/2020 |
Special provisioning policy |
Banking sector |
Measures in the areas of provisions and classification of credit exposures |
18/03/2020 |
Other measure |
Banking sector |
Measures in the area of capital buffers: the PFSA takes into account that banks may operate without a fulfillment of a combined buffer requirement. PFSA may consider, in the future, the possibility to use/decrease the O-SII buffer, and allows to fulfill the add-on Pillar 2 requirement in a lesser extent by Tier 1 (CET1) equity |
18/03/2020 |
Reporting requirements |
Banking sector |
Postponement of the introduction of some supervisory actions, such as limiting the number of inspections |
18/03/2020 |
Other measure |
Fund industry |
Flexibility in addressing the breaches of investment limits by investment funds |
20/03/2020 |
Reporting requirements |
Insurance sector |
Supervisory flexibility regarding the dates of supervisory reporting and public disclosure. |
20/03/2020 |
Other measure |
Insurance sector |
Recommendation to desist from the requirement to apply the maximum technical interest rate |
20/03/2020 |
Other measure |
Insurance sector |
Application of the proportionality principle in the supervision of the SCR |
20/03/2020 |
Other measure |
Insurance sector |
Postponement of the introduction of some supervisory actions, such as SREP, stress |
20/03/2020 |
Other measure |
Insurance sector |
Suspension of new inspections at insurance undertakings and distributors |
20/03/2020 |
Other measure |
Fund industry |
Postponement of some supervisory actions, such as limiting the number of inspections |
20/03/2020 |
Reporting requirements |
Securities and markets |
Reducing current reporting requirements |
20/03/2020 |
Reporting requirements |
Non-financial corporations |
Reducing current reporting requirements |
20/03/2020 |
Other measure |
Securities and markets |
Postponement of some supervisory actions, such as limiting the number of inspections |
20/03/2020 |
Other measure |
Securities and markets |
Pragmatic approach to the postponement of various supervisory deadlines, e.g. the deadlines for the implementation of post-inspection recommendations, also in relation to the initial deadlines; |
20/03/2020 |
Reporting requirements |
Non-financial corporations |
Postponement of reporting dates |
21/03/2020 |
Other measure |
Fund industry |
Pragmatic approach to the postponement of various supervisory deadlines, e.g. the deadlines for the implementation of post-inspection recommendations, also in relation to the initial deadlines; |
26/03/2020 |
Other measure |
Insurance sector |
Retention of all profit generated in previous years by banks and insurance companies |
26/03/2020 |
Other measure |
Banking sector |
Shifting the date of binding MREL targets form January 1, 2023 to January 1, 2024. First binding interim MREL target should be fulfilled by banks at the beginning of 2022. |
27/03/2020 |
Other measure |
Pension funds |
Postponement and adjustment of some supervisory actions, such as on-site inspections |
27/03/2020 |
Supervisory expectations |
Pension funds |
Pragmatic approach to the some supervisory deadlines |
27/03/2020 |
Other measure |
Pension funds |
Individual approach to the cases of exceeding investment limits by pension |
28/04/2020 |
Other measure |
Banking sector |
Resolution scheme for cooperative banks and small commercial banks |
31/03/2020 |
Borrower-based measure |
Banking sector |
Measures to ensure continuation of banks' financing for corporate clients, i.a. approval by the PFSA of steps taken by banks in favour of these clients, such as: acceptance by banks of terms of financing which were in force before the COVID-19 pandemic, prolongation of the duration of the credit, continuity of financing for corporate clients despite temporary liquidity risk due to the pandemic, renewal of financing on terms being in force before 31 December 2019, discharge of borrowers from the obligation to provide special collateral or acknowledgement of state guarantees as such collateral for 80% of the credit. Apart from that, the PFSA will defer implementation of the 'Recommendation S' concerning mortgages and the 'Recommendation R' concerning impaired exposures and impairment losses, and will present solutions proposed by Polish banks to the EBA. |
31/03/2020 |
Borrower-based measure |
Banking sector |
Measures to ensure continuation of banks' financing for corporate clients, i.a. approval by the PFSA of steps taken by banks in favour of these clients, such as: acceptance by banks of terms of financing which were in force before the COVID-19 pandemic, prolongation of the duration of the credit, continuity of financing for corporate clients despite temporary liquidity risk due to the pandemic, renewal of financing on terms being in force before 31 December 2019, discharge of borrowers from the obligation to provide special collateral or acknowledgement of state guarantees as such collateral for 80% of the credit. Apart from that, the PFSA will defer implementation of the 'Recommendation S' concerning mortgages and the 'Recommendation R' concerning impaired exposures and impairment losses, and will present solutions proposed by Polish banks to the EBA. |
07/04/2020 |
Reporting requirements |
Other |
Postponement of reporting dates |
Reporting requirements |
Pension funds |
Extension of reporting deadlines for pension funds. The entities have two more months than originally scheduled to report their annual financial reports. |
|
08/04/2020 |
Asset purchase programme |
Banking sector |
Government-guaranteed debt securities purchase on the secondary market |
16/03/2020 |
Asset purchase programme |
All sectors |
Treasury bond purchases in the secondary market |
16/03/2020 |
Other measure |
Banking sector |
reduction of required reserve ratio from 3.5 to 0.5 percent |
16/03/2020 |
Credit facilities |
Non-financial corporations |
NBP will offer bill discount credit |
02/04/2020 |
Other measure |
All financial sectors |
Postponement of some supervisory actions, such as suspension the deadline for adoption an administrative decision |
07/04/2020 |
Other measure |
All financial sectors |
Postponement of certain reporting and information obligations |
13/03/2020 |
Other measure |
Pension funds |
Postponement of the pension fund reform (transformation of Open Pension Funds into Specialized Open End Investment Funds) |
17/03/2020 |
Other measure |
Non-financial corporations |
Refinancing of leases of transport companies |
17/03/2020 |
Other measure |
Non-financial corporations |
Additional funds for hospital equipment and supplies; |
17/03/2020 |
Other labour market measure |
Households |
An allowance for parents for school closures |
18/04/2020 |
Other measure |
Securities and markets |
Subscription for shares by way of electronic means of communication |
18/04/2020 |
Other measure |
Other |
Allowing for remote participation in the bondholders meeting by way of electronic means of communication |
18/04/2020 |
Other measure |
Fund industry |
Allowing for remote participation in meetings of different bodies of investment funds by way of electronic means of communication |
31/03/2020 |
Other measure |
All non-financial sector |
Changing (extending) the adoption of the phase II of Employee Capital Plan introduction in the sector of companies employing more than 50 employees |
31/03/2020 |
Other measure |
All financial sectors |
Extension of deadlines for: 1. closing the accounting books, 2. preparing the trial balances of general ledger accounts, 3. completing the stocktaking of assets, 4. preparing the financial statements and consolidated financial statements, 5. preparing the management report and the consolidated management report, 6. approving the financial statements and consolidated financial statements, 7. preparing the report on payments to governments and the consolidated report on payments to governments and 8. posting the separate report on non-financial information and separate consolidated report on non-financial information on the entity's website. The extension period is generally 3 months, except for entities supervised by the Polish Financial Supervision Commission - for which the extension period is 2 months. |
31/03/2020 |
Other measure |
Introducing the possibility for PIT and CIT taxpayers of deduction from the tax base (in order to calculating the tax or tax advances) the amounts of donations (in cash or in kind) made from January 1, 2020 to September 30, 2020 for purposes related to counteracting COVID-19 for entities providing health care, as well as transferred to the Material Reserves Agency and the Central Base of Sanitary and Anti-epidemic Reserves. |
|
31/03/2020 |
Other measure |
All non-financial sector |
Extension of the deadline to prepare annual financial statements for 2019 by 2 months (until June 30, 2020) and quartlerly financial statements for the first quarter of 2020 by 60 days (until July 29, 2020) |
Other measure |
Other |
The establishment of a public infrastructure investment fund. |
|
19/06/2020 |
Lending standards |
All sectors |
Changes for individiual laon holders, especially foreign currency mortgages, but also for consumers who lost their jobs or other main source of income after 13 March 2020. Possibility to suspend payments. The lender may not charge any other fees, except for cash benefits that arise from the borrower's insurance associated with the loan agreement. The maximum suspension period for the performance of the contract will be 3 months. The loan period, as well as all the periods provided for in the loan agreement, will be extended accordingly by the suspension period. |
19/06/2020 |
Lending standards |
All sectors |
Companies in financial difficulties caused by the coronavirus will be able to receive interest on the loans received to rescue the company. Small and medium-sized enterprises will receive a surcharge of 2 pp and large enterprises of 1 pp. Credit agreements may be concluded until 31 December 2020. |
19/06/2020 |
Other labour market measure |
Households |
Extension of the period for parents to receive a care allowance until 28 June 2020 (with effect from 25 May) |
14/05/2020 |
Lending standards |
All sectors |
Increased protection of individual consumers against usurious interest. The law provides a penalty for anyone who, in return for a financial benefit granted to an individual resulting, among others, from a loan agreement, demands: - payment of interest at a rate twice as high as the maximum. |
14/05/2020 |
Tax reliefs (w/o fin. stab. relevance) |
All non-financial sector |
Covering streaming platforms with a fee to the Polish Film Institute. The fee will amount to 1.5% of the revenue generated: - revenue obtained from broadcasting commercial communications. |
19/06/2020 |
Buffer usability |
Households |
Solidarity allowance for people who lost their source of income after March 15, 2020. Solidarity allowance is payable in the amount of PLN 1,400 per calendar month, for a maximum period from June 1, 2020 to August 31, 2020. |
19/06/2020 |
Tourism sector measure |
Households |
Polish Tourist Voucher was introduced for each child in order to pay for hotel services or tourist events carried out by a tourist entrepreneur or a public benefit organization on the territory of the Republic of Poland. A child is entitled to a voucher of PLN 500, and for a disabled child a benefit of PLN 500 and one additional voucher of the same amount. The voucher can be used until March 31, 2022. |
19/06/2020 |
Other measure |
Non-financial corporations |
Exemption from a part of the annual fee for 2020 for perpetual usufruct of entrepreneurs who experienced a decline in economic turnover following the COVID-19. |
19/06/2020 |
Redemption gate |
Non-financial corporations |
For the duration of the circumstances related to the occurrence of the COVID-19, the option of temporarily suspending the performance of the offset agreement has been introduced. |
19/06/2020 |
Trading curbs |
Non-financial corporations |
Deposit obligations in proceedings with an estimated value above the EU thresholds were lifted, which is to increase the number of bids in tenders, and thus their competitiveness. |
19/06/2020 |
Other measure |
All sectors |
A temporary (for a period of 24 months) comprehensive control framework has been introduced that aims to protect the certain domestic companies from acquisition by foreign companies. The protection will be granted to entities whose revenue from sales and services on the territory of the Republic of Poland, in any of the two financial years preceeding the notification, exceeded the equivalent of EUR 10 million. |
25/04/2020 |
Other measure |
All non-financial sector |
Extension of the deadlines to prepare statements of fulfilling the obligation by residents involved in foreign exchange and entrepreneurs performing bureau de change activities (data is provided to the National Bank of Poland for the compilation of the balance of payments and the international investment position) |
04/05/2020 |
Other measure |
All sectors |
Issuance of a communication on the preparation and audit of financial statements during the COVID-19 pandemic. The communication contains some practical guidelines, addressing such issues as going concern or events after the reporting period, which may support entities in their obligation to ensure that the financial statements present true and fair view. |
04/05/2020 |
Other measure |
All non-financial sector |
Creation of a dedicated webpage containing frequently asked questions and answers relating to the preparation of financial statements during the pandemic as well as to recording in the accounting books of the support measures envisaged in the Anti-crisis shield which the entities made use of. |
23/06/2020 |
Other measure |
All sectors |
(1) extension of the validity of certificates of residence which would expire at the time of the epidemic, (3) the possibility of submitting a statement that the data contained in the certificate of residence covering 2019 (possessed by the payer) is up-to-date. (1) the possibility of confirming the place of residence/establishment by a copy of the certificate of residence from 1.01.2022 as a rule in PIT and CIT Acts (http://isap.sejm.gov.pl/isap.nsf/DocDetails.xsp?id=WDU20210002105(adoption date: 23.11.2021; implementation date: 01.01.2022) |
31/03/2020 |
Other measure |
Other |
Suspension of collection of extension fee. |
31/03/2020 |
Other measure |
Other |
Refraining from charging interest due for default on tax arrears. |
15/05/2020 |
Other measure |
Other |
Refraining from charging interest due to the solidarity levy unpaid in the payment date. |
19/06/2020 |
Other measure |
All sectors |
Exemption from minimum income tax (both in CIT and PIT) from revenues on buildings determined from 1 March 2020 to 31 December 2020 ption from special minimum income tax (both in CIT and PIT) for revenues from rent of commercial real estates. |
19/06/2020 |
Other measure |
All sectors |
Possibility of including in tax costs (both in CIT and PIT) of contractual penalties and compensations paid if defects arise in connection with the COVID-19 pandemic. |
19/06/2020 |
Other measure |
All sectors |
Changes (both in CIT and PIT) in provisions concerning payment backlogs: - Creditor that bears negative consequences of COVID-19 pandemic and pays simplified tax advances in 2020 will be entitled to reduce them by part of unsettled debts. |
19/06/2020 |
Other measure |
All sectors |
Suspension of obligation to report by taxpayers taxed in accordance with so called tax card (simplified PIT) to tax authorities about interruptions in conducting business if such interruptions are caused by prohibition imposed by the authorities because of COVID-19 pandemic. As a consequence, taxpayers are not obliged to pay income tax for such period |
19/06/2020 |
Other measure |
All sectors |
Changes in provisions concerning donations for counter effects of Covid-19 pandemic. Possibility of deduction from tax base has been extended by donations among others for houses for mothers with underage children and pregnant women, night shelters and shelters for homeless as well as donations of laptops and tablets. |
19/06/2020 |
Other measure |
All sectors |
Possibility of inclusion in tax costs spending on production or purchase of goods or rights donated from 1 January 2020 to 30 September 2020 for counter the effects of Covid-19 pandemic. |
19/06/2020 |
Other measure |
All sectors |
Exclusion from taxable revenues (both in CIT and PIT) donations for counter the effects of Covid-19 pandemic received from 1 January to 30 September 2020 by certain entities (among others educational institutions, treatment facilities, homes for mothers with underage children and pregnant women, night shelters, shelters for the homeless). |
19/06/2020 |
Other measure |
All sectors |
Exclusion from taxable revenues (both in CIT and PIT) subsidies to bank loans received by entrepreneurs affected by COVID-19 pandemic. |
01/06/2020 |
Other measure |
All sectors |
Payment deadline has been extended for payments (tax advances and flat tax) collected by tax remitters. The payments collected: - in April should be paid by 20 October 2020, |
13/03/2020 |
Private moratoria (w/o fin. stab. relevance) |
All non-financial sector |
1.Postponement of repayment of principal or principal and interest installments: for a period of up to 6 months as specified by the client (regardless of the number of applications submitted by a given client). 3. Leasing products: the repayment of the leasing installment (principal part) is postponed or reduced for an agreed period, which is maximum 6 months (regardless of the number of applications submitted by a given client). Factoring product: the repayment due from the client is postponed for an agreed period, which is maximum 6 months (regardless of the number of applications submitted by a given client). |
13/03/2020 |
Private moratoria (w/o fin. stab. relevance) |
All non-financial sector |
1. Postponement of repayment of principal or principal and interest installments: respectively - 6 months (principal installments) and 3 months (principal and interest installments) as specified by the client, regardless of the number of applications submitted by a given client. 3. Leasing products: the repayment of the leasing installment (principal part) is postponed or reduced for an agreed period, which is maximum 6 months (regardless of the number of applications submitted by a given client). Factoring product: the repayment due from the client is postponed for an agreed period, which is maximum 6 months (regardless of the number of applications submitted by a given client). |
13/03/2020 |
Private moratoria (w/o fin. stab. relevance) |
All non-financial sector |
1. Postponement of repayment of principal installments in accordance with client’s application for a period of up to 6 months as specified by the client (regardless of the number of applications submitted by a given client). 3. In the case of leasing products, the repayment of the leasing installment (principal part) is postponed or reduced for an agreed period, which is maximum 6 months (regardless of the number of applications submitted by a given client). In the case of a factoring product, the repayment due from the client is postponed for an agreed period, which is maximum 6 months (regardless of the number of applications submitted by a given client). |
24/06/2020 |
Public moratoria (w/o fin. stab. relevance) |
All non-financial sector |
The performance of the agreement is suspended as of the date of delivery of the application to the creditor, for the period specified by the borrower in the application, not longer than 3 months.
|
18/01/2021 |
Public moratoria (w/o fin. stab. relevance) |
All non-financial sector |
The moratorium contains an offer for micro and small entrepreneurs as regards: loan products (including revolving products), leasing products and factoring products. Criteria (to be met cumulatively): - entrepreneurs entitled to benefits from the ""Tarcza Finansowa PFR 2.0"" (""PFR Financial Shield 2.0"", a support programme run by the Polish Development Fund - PFR), with extension to entrepreneurs whose activity consists in leasing space in commercial or service facilities, including commercial parks, with sales or service surface exceeding 2000 m2, and 1.Postponement of repayment of principal or principal and interest installments in an automatic or simplified mode in accordance with client’s application for a period of up to 3 months (6 months for clients who have not yet benefited from the initial moratorium) as specified by the client, regardless of the number of applications submitted by a given client. 2. Revolving products (overdrafts, credit cards) which do not meet the standard conditions for renewal until 31 March 2021, may be renewed in a simplified mode in agreement with the client for a period of up to 3 months (6 months for clients who have not yet benefited from the initial moratorium), there is a possibility to additionally secure transactions, including with assistance tools offered under dedicated acts, for the duration of the assistance tool. 3.Banks will not charge fees or commissions for accepting and processing applications concerning the suspension of the repayment of principal or principal and interest installments. 4. In the case of leasing products, the repayment of the leasing installment (principal part) is postponed or reduced for an agreed period, which is maximum 3 months (6 months for clients who have not yet benefited from the initial moratorium), regardless of the number of applications submitted by a given client. In the case of a factoring product, the repayment due from the client is postponed for an agreed period, which is maximum 3 months (6 months for clients who have not yet benefited from the initial moratorium), regardless of the number of applications submitted by a given client. |
18/01/2021 |
Public moratoria (w/o fin. stab. relevance) |
All non-financial sector |
The moratorium contains an offer for medium entrepreneurs as regards: loan products (including revolving products), leasing products and factoring products. 1. Postponement of repayment of principal or principal and interest installments in accordance with client’s application for a period of up to – respectively - 3 months (6 months for clients who have not yet benefited from the initial moratorium) (principal installments) and 3 months (principal and interest installments) as specified by the client, regardless of the number of applications submitted by a given client. |
18/01/2021 |
Public moratoria (w/o fin. stab. relevance) |
All non-financial sector |
The moratorium contains an offer for large entrepreneurs as regards: loan products (including revolving products), leasing products and factoring products. 1. Postponement of repayment of principal installments in accordance with client’s application for a period of up to 3 months (6 months for clients who have not yet benefited from the initial moratorium) as specified by the client, regardless of the number of applications submitted by a given client. 2. Revolving products (overdrafts, credit cards) which do not meet the standard conditions for renewal until 31 March 2021, may be renewed in a simplified mode in agreement with the client for a period of up to 3 months (6 months for clients who have not yet benefited from the initial moratorium), there is a possibility to additionally secure transactions, including with assistance tools offered under dedicated acts for the duration of the assistance tool. |
28/11/2020 |
Other measure |
All non-financial sector |
Extending the terms of some solutions introduced, the so-called Anti-crisis shields supporting taxpayers in the area of PIT and CIT in connection with the ongoing COVID-19 epidemic |
19/11/2020 |
Other measure |
All non-financial sector |
For some Personal income tax payers have been granted the extention for submitting to the tax office, the collected in October, November and December 2020, tax advances and lump-sum income tax on remuneration from work, mandate contracts and as well as on copyright and related rights. |
17/02/2021 |
Other measure |
Banking sector |
Total amounts of contributions to be paid by institutions in 2021 to: - resolution fund of banks, |
26/03/2021 |
Other measure |
All non-financial sector |
Extension of deadlines for: 1. closing the accounting books, 2. preparing the trial balances of general ledger accounts, 3. completing the stocktaking of assets, 4. preparing the financial statements 5. approving the financial statements. The extension period is generally 3 months. |