Poland
4,894 Employees
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Third-party revenues
$1,495,145,261
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Related-party revenues
$359,716,197
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Total revenues
$1,854,861,458
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Profit before tax
$46,902,561
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Tax paid
$13,870,157
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Tax accrued
$9,986,878
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Tangible assets
$587,059,938
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Stated capital
$492,479,209
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Accumulated earnings
$48,333,646
Main business activities
- Downstream
- Other support activities
Shell’s footprint
Shell Polska Sp. z o.o. was established in 1992 and operates around 440 retail sites in Poland, offers a wide range of oil products for transport and industry, as well as fleet solutions and services for transport. The company also runs Shell Business Operations (SBO) at its branch in Krakow. SBO employees provide Group companies with support, including financial, logistic, procurement, human resources and customer services. Between 2012 and 2020, Shell Polska invested more than $515 million in Poland. In 2020, a new legal entity was established called Shell Mobility Polska Sp. z o.o. to sell convenience products at Shell retail sites. Shell Energy Retail Poland Sp. z o.o. provides customer service and IT support for Shell’s energy operating companies in the UK.
In 2021, Shell acquired Next Kraftwerke, a virtual power plant operator. In Poland, Next Kraftwerke Sp. z o.o. is active in trading renewable electricity.
Country financial analysis
The statutory corporate income tax rate in Poland is 19%. The tax paid figure includes corporate income tax paid on profits from 2020 and a prepayment of income tax for taxable profits arising in 2021. The SBO centre operates in a special economic zone which provides a partial tax exemption from corporate income taxes. The tax paid figure in the table excludes tax-deductible-loss provisions that we were able to use in our local tax return.
In 2021, the Ministry of Finance confirmed that Shell Polska Sp. z o.o. can apply unilateral advance pricing agreements for tax deductions on certain costs in line with the country’s Cost Contribution Agreement.
