What accounting records must a sp. z o.o. maintain?

Question

What kind of bookkeeping does a Polish limited company need to keep?

Auranik Consulting & Management · Accepted Answer

## Short answer
A sp. z o.o. must maintain full accounting records (pełna księgowość) under the Polish Accounting Act -- unlike some sole proprietors, it cannot use simplified record-keeping. This includes a general ledger, supporting documentation for all transactions, and preparation of periodic and annual financial statements.

## Documents / steps
Companies deduct legitimate business expenses (including depreciation on fixed assets, lease payments, and charitable donations up to a statutory limit) against taxable income, and must submit an annual financial statement.

## Important exception
This is a general overview of the obligation, not a substitute for a qualified accountant setting up your specific bookkeeping system.

## Official source
Biznes.gov.pl, general company-accounting requirements; informational, not personalized accounting advice.

What accounting records must a sp. z o.o. maintain?

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