The VAT account is a type of settlement account kept in PLN with limited possibility to use the funds accumulated on it, designed for settlement of VAT and for making settlements in the split payment mechanism. It is linked with at least one current account kept in PLN.
A new VAT account will be added to the current or auxiliary account of your company.
You cannot decline opening such account but you may apply for opening more than one VAT account.
The obligatory VAT account will be opened:
- regardless of the size of your company
- no matter whether your company is an active VAT taxpayer
- without any application