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Poland as the destination for Shared Services Centers

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26 <strong>Poland</strong> <strong>as</strong> <strong>the</strong> <strong>destination</strong> <strong>for</strong> <strong>Shared</strong> <strong>Services</strong> <strong>Centers</strong><br />

Example<br />

Investment ph<strong>as</strong>e<br />

A large enterprise 23 is planning to set up a shared services center in Szczecin and employ<br />

350 people. Total investment cost will be EUR 20 million.<br />

One of <strong>the</strong> possible scenarios of co-financing <strong>the</strong> abovementioned investment is to apply <strong>for</strong><br />

an investment grant within EU c<strong>as</strong>h grants and an employment grant within <strong>the</strong> MASP.<br />

The maximum support available <strong>for</strong> <strong>the</strong> investor in this scenario is presented below:<br />

EU c<strong>as</strong>h grant 30% x EUR 20 million = EUR 6.0 million<br />

MASP (employment grant) 350 x EUR 3,840.91 24 = EUR 1.34 million<br />

Total support EUR 7.34 million<br />

Business operation ph<strong>as</strong>e<br />

After setting up <strong>the</strong> SSC, <strong>the</strong> abovementioned investor is planning to train all of his<br />

employees in <strong>the</strong> scope of operating <strong>the</strong> company’s accounting system and improving <strong>the</strong>ir<br />

German language skills. Accounting system training costs will amount to EUR 750 thousand,<br />

German language training – EUR 500 thousand. The maximum support is presented below:<br />

Accounting system training 25% x EUR 750 thousand = EUR 187.5 thousand<br />

German language training 60% x EUR 500 thousand = EUR 300 thousand<br />

Total support EUR 487.5 thousand<br />

23 Large enterprises are those with more than 250 employees and annual turnover of more than EUR 50 million or a total annual balance<br />

of more than EUR 43 million.<br />

24 Assuming 4.4 PLN/EUR exchange rate.<br />

© 2009 KPMG Sp. z o.o. a Polish limited liability company and a member firm of <strong>the</strong> KPMG network of independent member firms affiliated with KPMG International,<br />

a Swiss cooperative. All rights reserved.

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