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Storfund Guide to e-commerce Poland

Why sell in Poland?

Polish eCommerce sales in 2020 (€ billions)

Top Polish Marketplaces by active users (millions)

Logistics

Value Added Tax (VAT)

  • Polish VAT is charged at 23%, with reduced rates of 5% and 8%.
  • Selling over €36k into Poland from the EU will require merchants to be VAT registered in Poland and charge Polish VAT.
  • Selling directly in Poland will require merchants to be VAT registered in Poland.

Listings

  • Localise your listings for the Polish market to ensure you rank high in organic search results.
  • Selling in Poland will require native speaking translation and customer service so that you can build strong relationships with your Polish customer base.
  • In order to achieve success in the Polish market, you’ll need to be competitively priced, have a good returns policy, fast delivery and a good level of customer support in local language.

Payments

  • Sales will be in Polish Zloty. Marketplaces will only process Zloty and your receiving bank account will convert it into your currency of choice.
  • This will usually cost around 3 – 5% and eat into your profit margins.
  • Marketplaces payment terms vary and can range from 14 days up to 45 days.

Fun Facts

  • 13th Century Malbork Castle is the World’s Biggest Castle.

  • Based in the cellars of the Old Town Hall, Piwnica Swidnicka is the oldest restaurant in Europe, serving meals since 1273.

  • Marie Curie was Polish, as were Copernicus and Chopin.

Storfund accelerates your marketplace payouts across multiple geographies and allows you to manage your finances in one place. Storfund helps e-commerce sellers drive sales and increase profitability by shortening their cash cycle, thus allowing them to purchase additional inventory and never run the risk of being out of stock. Our clients receive their sales the same day, irrespective of the marketplaces’ actions, be it rolling reserves or 14- or 30-day payment cycles. Storfund is available in 17 Amazon marketplaces and in the French marketplace Cdiscount. We work with companies registered in the European Economic Area (EEA), the United Kingdom, the United States, Canada, Australia and New Zealand.

For more information contact our Head of Business Development:

Costas Anastassiadis

Tel: +442070972292

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