On January 1, 2022, the provisions implementing the New Order came into force, increasing the amount of the health insurance contribution and making it impossible to deduct it from tax. As a result of these changes, running a business as a sole proprietorship may prove unprofitable for some. One way of changing the form is to transform a sole proprietorship into a limited liability company. What does this involve, and how do you go about it?
read moreThe statute of limitations of liability of a member of the management board for company’s obligations is a complex issue. This happens mostly due to the fact that the provisions regulating this matter are contained in at least three legal acts: the Commercial Companies Code (art. 299), which, in the context of the statute of limitations, should be read in conjunction with the Civil Code, the Tax Ordinance (arts. 116 and 118) and the Public Finance Act (art. 66b).
read moreYou have a contract with a Polish partner. Something went wrong (the partner did not pay you, you suffered damage as a result of your partner’s conduct, your partner did not deliver the product on time, etc.). You would like to sue your Polish partner. When can you sue before a Polish court? What costs does it entail? How long does it take?
read moreServing as a member of the management board involves rights, duties and responsibilities. Who is a member of the management board? How do they differ from a commercial proxy? Are the details of a board member publicly available? Answers to some questions related to the topic of management board membership can be found below.
read moreCommercial Proxy’s Responsibility vs. Management Board Member’s Responsibility
What are the differences between a commercial proxy and a management board member in a limited liability company (LLC)? How does the responsibility of a commercial proxy differ from that of a management board member?
Limited liability company is one of the most popular forms of business activity in Poland. Shereholders, the Management Board and share capital – these are terms that are constantly mentioned in this context. So, what is share capital and how much should it be? Where can you register a limited liability company? How does the Management Board differ from a shareholder?
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