Poland

KWKR Law Firm advised its long-standing client Software Mind sp. z o.o. on the acquisition of the remaining 30% shares in American companies Virtual M Inc. and The Big Three 912 Inc. The transaction enabled full consolidation of the Software Mind capital group in the United States.

As part of our extensive specialization in the stock exchange and securities law (LINK: https://www.kg-legal.eu/stock-exchange-and-securities-law-in-poland/ ), KIEŁTYKA GŁADKOWSKI KG LEGAL is finalizing the first stage of technology transfer from the United States to Poland, comprehensively serving the American entity in the field of cross-border transfer of dual-use technology, possible market concentration and raising capital for the transaction by a contractor who is a Polish listed joint-stock company.

Exit fee is a fee for transferring assets, functions or risks between related entities. It can be understood as remuneration for the transfer of important functions, assets or risks. It is paid during business restructuring, either once or periodically. On 30 January 2025 there has been issued important interpretation of the Director of the Polish National Revenue Information in respect of exit fee and tax consequences.

KWKR Law Firm was pleased to support the Luxembourg-based investment fund Radix Ventures in its accession to Naco Technologies, a Latvian company specialising in the development of hydrogen technologies (production of nano-coatings for green hydrogen systems). This investment was part of the company's next round of funding and amounted to €1.5 million.