ArticleNew 30-Year Commercial LeasesFrom 1 January 2009, businesses can enter into leases for fixed terms of up to 30 years. PolandCorporate/Commercial LawCMS Cameron McKenna Nabarro Olswang
ArticleReduction In Minimum Share Capital RequirementsOn 8 January 2009, the minimum share capital required in limited liability companies has decreased to PLN 5,000 from PLN 50,000.PolandCorporate/Commercial LawCMS Cameron McKenna Nabarro Olswang
ArticleSecuring Of Syndicated Financings In Poland (Part Two)In the previous issue the author noted that due to particularities of Polish law (dating back to the beginning of the 20th century), securing of a multi-facility syndicated structure with Polish law governed security interests usually requires the use of special concepts such as parallel debt. PolandCorporate/Commercial LawSoltysinski Kawecki & Szlezak
ArticleThe Polish Government And Ministry Of Development Announces 3 Billion Zloty Programme For The Development And Financing Of Start-Up CompaniesOn 16 June 2016, Mateusz Morawiecki, Poland's Deputy Prime Minister and Minister of Development, announced a new initiative – "Start in Poland" – the new government programme for the development and support of start-up companies.PolandCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticleThe Rise In M&A Disputes And What To Do About It: Effectiveness Of Time Limitation Provisions For Claims Under Polish LawShare purchase agreements typically include contractual time-limit provisions for the buyer to notify its claims to the seller and/or to bring the claim to the competent court or the tribunal. PolandCorporate/Commercial LawQueritius
ArticleW&I Insurance In M&A TransactionsWarranty & Indemnity (W&I) insurance has increased in popularity in recent years, especially in private merger and acquisition (M&A) transactions. In the past five to ten yearsPolandInsuranceWozniak Legal
ArticleHow To Meet The Polish Patent Office's Requirements Regarding Documentation?The protection of intellectual and industrial property rights goes beyond obtaining a patent or right arising from registration. PolandIntellectual PropertyJWP Patent & Trademark Attorneys sp.k.
Article2017 YearbookIt's no secret that predictions work best with hindsight, but this year venturing any forecasts seems particularly fraught with risk. PolandStrategyWardynski & Partners
ArticleMandatory Beneficial Ownership Registration In The U.S. Only Until January 1, 2025Starting January 1, 2025, companies in the U.S. that fail to comply with FinCEN's requirements for reporting beneficial ownership information will face significant financial penalties.WorldwideCorporate/Commercial LawKBiW Kurpiejewski Budzewski i Wspólnicy
ArticleHave ESG Ratings Hit The Polish Market?ESG ratings are all the rage these days, especially in the Polish banking sector. But there is still no one-size-fits-all methodology supervised by, for example, the European Banking Association.PolandCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticleAudit Committee Requirement For Listed CompaniesListed companies are required to establish audit committees by approximately the middle of December 2009.PolandAccounting and AuditCMS Cameron McKenna Nabarro Olswang
ArticleAn Innovative Solution For Start-UpsFrom 1 March 2020, there will be a new type of capital company in Poland: a simple joint-stock company ("SJC").PolandCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticleDoing Business In Poland: Minimising Risk, Maximising RewardPoland has seen significant reforms in its tax and corporate compliance regime over the past year. While these changes will ultimately improve things for both companies and individuals...PolandCorporate/Commercial LawTMF Group BV
ArticleDraft Legislation On Public Transparency And Its Influence On ComplianceOn 24 October 2017, the Polish Government Legislation Center published draft legislation on public transparency ("Transparency Paper").PolandCorporate/Commercial LawDentons
ArticleLatest Changes To The Act On National Court Register - Will It Become Any Better?The end of 2014 brought with it important amendments to the rules for registering companies in Poland.PolandCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticleWhat's New For Polish Companies In 2021?2021 will be a year of changes for companies in Poland. With the recent postponement of the already announced innovations and the new obligations for joint-stock companies and joint-stock partnerships, companies have time ...PolandCorporate/Commercial LawSchoenherr (Schönherr Rechtsanwälte)
ArticleUnfair Mortgage Clauses Challenged By Consumer Rights WatchdogThe Office for Competition and Consumer Protection (OCCP) has challenged certain clauses used by 19 banks in their mortgage documents.PolandFinance and BankingCMS Cameron McKenna Nabarro Olswang
ArticleGreen Guarantees In PolandThe Export Credit Insurance Corporation (Korporacja Ubezpieczeń Kredytów Eksportowych; "KUKE") is the only export credit agency in Poland providing export insurance...PolandInsuranceSchoenherr (Schönherr Rechtsanwälte)
ArticleNew Year Changes For Businesses In PolandDoing business in Poland in 2016? Stay on top of changes to transfer pricing and the potential for tighter local tax regulations.PolandTaxTMF Group BV
ArticleMoving AI From Content Creation To Business DevelopmentWe are clearly at a tipping point. Computer scientist, futurist and transhumanist Ray Kurzweil famously said, "Artificial intelligence will reach human levels by around 2029", and "by the 2030s, the nonbiological portion of our intelligence will predominate".PolandTechnologyPenteris