Simplified share capital increase – is it always possible?

Simplified share capital increase – what is it about?

It has almost become a standard nowadays to introduce into the articles of association of a limited liability company a provision on the possibility of increasing the company’s share capital to the value specified in the agreement within a certain period of time, without the need to amend the agreement (so-called simplified share capital increase). This provision is practical insofar as, in the event of a need to quickly recapitalize the company, it is possible for shareholders to pass a resolution to increase the share capital without the need to involve a notary public in the entire process. However, this popular element of the articles of association may not always be used in practice, and sometimes shareholders, despite unanimous agreement on the need for a share capital increase, must resort to the traditional solution, i.e. a capital increase by amending the articles of association.

Coronavirus and executing trade contracts

The global coronavirus outbreak has put tradesmen, as well as entrepreneurs, in a very difficult situation. The execution of previously signed contracts is currently difficult, sometimes even impossible. What steps can and should be taken to protect the one’s business?

National Register of Debtors (KRZ) – basic information

The National Register of Debtors (KRZ) has been implemented several years ago. The portal is the place where, among other things, most of the activities concerning bankruptcy and restructuring proceedings are carried out. While at first feelings about its operation were rather skeptical, over time they seem to be slowly changing to the positive.

Establishing a foundation in Poland

The Act on Foundations is quite laconic on the details of how to establish a foundation in Poland. The article contains general information on formalities, further steps and the way to establish a foundation.

What is an EUID? Where to check your European Unique Identifier?

Although the European Unique Identifier (EUID) has been in place for several years, it was only with the entry into force of the DORA Regulation that many companies became interested in the issue.

Termination of a lease agreement

Leasing is a financial instrument that helps to make investments in new vehicles, machinery or equipment (e.g. office equipment) without the entrepreneur having to commit his or her own funds. However, unforeseen circumstances (such as financial problems, a change in needs or the closure of a business) may force the lessee to terminate the lease early. Is termination of the lease contract even possible? What consequences does it entail?