Suspension of economic activity is a procedure whereby an entrepreneur decides to temporarily suspend his or her business activity. In Poland, the possibility to suspend business activity is available to both individual entrepreneurs and companies registered in the Central Register of Business Activity and Information (CEIDG) or the National Court Register (KRS).
A business can be suspended for a period of between 30 days and 24 months in the case of a sole proprietorship. For companies, there is no minimum period, but the maximum is also 24 months. Suspension of the business exempts the entrepreneur from paying social security contributions and submitting VAT returns to the tax office.
The resumption of a suspended business activity requires notification to the relevant register (Central Registration and Information on Business Activity or National Court Register).
