Obtaining a Virtual Asset Service Provider (VASP) license in Poland offers crypto companies several strategic benefits, particularly valuable for businesses eyeing entry into the European market. As a European Union member, Poland adheres to EU financial regulations while also offering a business-friendly regulatory environment. This means VASP-licensed companies in Poland can benefit from EU-wide financial “passporting” once the Markets in Crypto-Assets (MiCA) regulation is fully implemented, allowing them to operate across EU member states without the need for additional licensing. This is a significant advantage, especially for companies seeking seamless expansion and compliance across borders.

Additionally, Poland's relatively low operating costs compared to other EU countries, combined with a highly skilled and tech-savvy workforce, make it an attractive location for setting up operations. The Polish Financial Supervision Authority (KNF) also provides a clear regulatory framework for crypto businesses, enhancing regulatory transparency and reducing potential compliance risks. As a growing fintech hub in Europe, Poland supports innovative financial services, offering companies a dynamic environment for growth and development within a compliant structure.

Poland offers a competitive corporate tax structure, which may benefit VASP-licensed entities. The standard corporate income tax (CIT) rate is 19%, but small and new businesses with revenues under €2 million may qualify for a reduced rate. Additionally, personal income tax (PIT) for individuals in Poland is progressive, ranging from 12% to 32%, which can be relevant for employees and executives of VASP entities. VAT in Poland is 23%, aligning with EU standards, though it does not typically apply to cryptocurrency trading as digital assets are considered financial instruments. Tax incentives for R&D and other business activities are also available, and these can potentially apply to crypto companies engaging in technology innovation or blockchain development.