The Act implemented provisions of the EU Directive on Consumer Rights of 25 October 2011 (2011/83/EU) and abolished the previously binding Polish act on the protection on certain consumers' rights and dangerous products.

According to article 11 of Poland’s Bankruptcy and reorganisation law as of 28 February 2003 (Journal of laws 2009, No. 175, position 1361, as amended), a debtor who is a legal person (including, in particular, a limited liability company) is considered to be insolvent when the value of its liabilities exceeds the value of its assets, even if the debtor continues to pay its liabilities (balance sheet insolvency).

The official language in Poland is Polish. Among foreign languages, English has become predominant, particularly among managers and other professionals. German, French and Russian are also often encountered.

Limiting the director's (management board member's) right of individual representation is one way to secure the company against unauthorised actions on its behalf. How to do this properly?

Poland has been a part of the European Union since 2004. This step forced governments to simplify procedures of pursuit of economic activities. However, the number of regulations concerning doing business is still huge.

In this article we would like to take a look at the most interesting cases of breaches that happened in Poland in the past two years.

The Act of 15 December 2016 on Counteracting Unfair Use of Contractual Advantage in Trade of Agricultural and Food Products came into force and effect on 12 July 2017.

From structuring your business to dealing with taxes, labour and making the most of available incentives.

It is the ability of a consumer to reduce their electrical energy demand at a specific moment.

The European Union's new Anti-Money Laundering Regulation introduces sweeping changes for the automotive sector, bringing luxury vehicle dealers into the compliance framework for the first time while imposing stricter requirements on leasing companies. With motor vehicles priced above EUR 250,000 now classified as high-value goods, dealers must implement comprehensive AML procedures including customer due diligence, beneficial ownership verification, and mandatory reporting to financial intelligence units

When a company is in distress, the most certain way to get financing required to avoid its bankruptcy is to ask its shareholders.

From 1 April 2025, all entities entered in the Polish Business Register will be required to have their own e-delivery box. This obligation applies not only to partnerships and companies...

Limiting the rules of representation of a company is one way to secure the company against unauthorised actions on its behalf. How to do this properly?

Polish government on 7.03.2022 presented new legal act that is intended to help to Ukrainian citizens and companies in relocation to Poland.

Stany Zjednoczone niezmiennie pozostają atrakcyjnym rynkiem inwestycyjnym oraz pracowniczym. Zagraniczne spółki, w tym coraz częściej polskie, poszukują rynku zbytu w USA dla oferowanych przez siebie produktów i usług.

A fascinating conference took place in the de facto capital of Central Europe last week. The Kosciuszko Foundation, together with ING Poland, hosted a conference entitled "New Business Frontiers – Leveraging the Transatlantic Partnership in the New Global Economy."

Administering subsidiaries or branches can be a big problem for international corporations. They must fulfil legal and tax obligations separately for each country in which they operate.

I must admit that I completely do not understand the whole discussion between the supporters and opponents of P.S.A. – Simple Joint-Stock Company, a new form of a company created in the legal system as a result of ...

Most limited companies in Poland are set up using the standard Articles of Association, which are based on the provisions of the Commercial Companies Code of 2000 and consist of the set of governance rules for a company.

Recent months have brought major challenges for both financial sector entities and ICT service providers with the entry into force of the Digital Operational Resilience Act (DORA).